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Re: janice shell post# 68679

Thursday, 10/04/2012 1:05:47 AM

Thursday, October 04, 2012 1:05:47 AM

Post# of 97615

The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the companies.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspensions, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to the above-
named securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.


There are still bids & asks, and a client can contact their BD to gain that information!
If investor A wants to buy GTGP and puts in a limit order for 10000 at 0.10, then that is a bid.
& conversely, trader B wants to sell his shares at 0.20 then this an ask.
Both can be seen by BD's on their ECN's...