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Re: Renee post# 31865

Sunday, 09/23/2012 2:19:16 PM

Sunday, September 23, 2012 2:19:16 PM

Post# of 222229
Renee, I don't think that many GTGP longs have any idea that this particular suspension of trading will lead to SEC litigation in the near future.

Maybe this will be the "wake-up" event for most of them.

however, just as with "stuckholders" of other scams, there will be continual denials and the steps will be something like this:



So what if the company got suspended, it was only for 10 days

So what if the company goes to the grey sheets, it will come out eventually.

So what if the SEC filed fraud charges against the company, its officers/directors, consultants and promoters, they are only civil

So what if the US Attorneys office filed criminal fraud charges, the officers/directors have not been proven guilty by the court.

So what if the officers/directors have been proven guilty of criminal fraud charges, they are only going to receive a slap in the back of the hand probation and no jail time.

So what if they received a 20 year jail sentence, it is the company that matters, the company was not charged in the criminal fraud lawsuit. (note: corporate entities cannot be criminally charged with fraud by the US Attorneys Office).

So what if the company lost in the SEC civil fraud charges, they don't have to pay any money.

So what if the company got a judgment against them of $10 million by the SEC in the civil court case, it is still trading in the greys and will go up to a valuation of $500 million.

So what if the SEC REVOKED the company's stock, I had already gotten my initial investment out before all this happened. Besides, the SEC, the US Attorneys Office and the EVIL NAKED SHORT SELLERS FROM MARS were all on this from the beginning to destroy the company.


Jcwillis: When the SEC Suspends a stock for questions about adequacy of information it implies that there are discrepancies and likely contradictions between the available information in current filings (eg., GTGP's recent 8-K's) and Financials (past due since 2007) and news releases.

It appears that CEO Fallacaro has selectively disseminated chosen information in 8-K's and through improper interactions with some shareholders while omitting other salient information by his abject failure to file any Financials whatsoever, and while press releasing other information that may be misleading and unverifiable. Obfuscation through any dissemination of selective material information and omission of other material information (ie., absence of Financials) but press releasing unverifiable information are deceptive practices that have led to GTGP's SEC Suspension.

Thus, the SEC's questions about the adequacy of GTGP's information portends to Securities Violations that the SEC will specify whenever they file litigation charges against the company and CEO, and any other complicit person(s).

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