jcwillis, GTGP is a scam company that hasn't filed GAAP financials with the SEC for 7 years now.
All bets are off when it comes to following SEC regulations by these type of companies
Hey SamSam, Thanks for the Reply Earlier...
I saw the numerous posts, relating to my post, concerning Material Event/Info by yourself, BigB, 236, and BradS.
It makes me ask - Can a company withhold Material Event Info to make the most of the PR. I originally asked about GTGP because many on that hub are implying that Material Event info (acquisition, etc.) was being withheld until trading resumes. If something material happened back on, say Sept 14th, could it be withheld a couple of weeks before release? Since GTGP is not currently trading, would withholding material info until trading resumes be legit to do?
If material info is relayed by the CEO to those who call, I can see that as a problem giving material event info before public release. If the CEO is implying something and people are drawing their own conclusions, then posting on the hub board to further spread the implied info to make hype, well, maybe it is a grey (pun intended) area.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.