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Saturday, September 29, 2012 8:42:39 PM
I've followed hundreds of suspensions. The SEC is well aware of the damage suspensions do to stocks. They don't suspend lightly.
Each and every suspension/company is a different case in itself, so please do not make this to be a general statement. The case of GTGP is an individual situation with the SEC and is based upon an adequacy matter as stated in the SEC document. Nothing more, nothing less and this was also confirmed by our CEO.
Going out and calling upon the fact of having seen and followed many suspensions as giving you the supreme truth on the matter is a totally wrong statement in itself. I will just go by what I read in the SEC documentation and what our CEO has confirmed. SEC says adequacy period. CEO says filings period. All else which is extrapolated is only speculation.
Thanks again for offering your general opinion on the matter though.
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