Cytogenix (fka CYGX)

[gdepc]

Reason for suspension by SEC

The SEC said it halted trading in the stocks because of questions about the adequacy and accuracy of publicly available information about the companies.

http://www.bizjournals.com/houston/news/2011/06/07/sec-suspends-trading-on-four-companies.html



Four Houston-area companies had their stock trading suspended Tuesday by the U.S. Securities and Exchange Commission.

Calypso Wireless Inc. (CLYW), CytoGenix Inc. (CYGX), Emerging Healthcare Solutions Inc. (EHSI), all based in Houston, and The Woodlands-based Evolution Solar Corp. (EVSO) — all of which trade over the counter — were on a list of 17 microcap stocks that were subject to the trading halt.

The SEC said it halted trading in the stocks because of questions about the adequacy and accuracy of publicly available information about the companies.

Last week, the SEC created a Microcap Fraud Working Group after suspending the trading of Henderson, Nev.-based Uniontown Energy Inc.

The group works to detect and deter fraud involving microcap securities.