Friday, September 28, 2012 4:02:08 PM
Although filing the delinquent financial reports would be an act of good faith, GTGP still would need to go through the process of requalifying under SEC Rule 15c2-11 and FINRA Rule 6432 in order to be quoted again. This process is overseen by FINRA, not the SEC.
Keep in mind, that 10-K annual reports have to be audited by an SEC-qualified auditor. If GTGP has not had such audits, it would be very costly and time consuming to do them retrospectively.
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