Global Technologies Group, Inc. (GTGP)

[LexingtonVIII]

Look here below is a statement posted by a notorious poster on the matter of SEC regulations. She states CLEARLY that before any sort of revocation can occur, a meeting in front of an admin. law judge MUST be set and that 4 months window between the time of scheduling the meeting and the hearing occurs leaves plenty of time before any revocation can occur.

She also stated that companies and the SEC asgree on a timeline to file the documents. This tells me CLEARLY that since no hearing is yet scheduled to take place before an administrative law judge after almost 2 months since suspension occured , that GTGP HAS IN FACT SET A TIMELINE TO FILE WITH THE SEC AND THAT THE SEC HAS AGREED TO IT.

Therefore the financials are being worked on. END OF STORY !!!!

janice shell

Thursday, October 18, 2012 4:22:25 PM
Re: GTGP or bust post# 73356

Post # of 73637
Yes, they'd have four months to comply in advance of the hearing, as you now say.

In reality, what most companies do is propose a timetable for compliance in their response. It's up to the SEC to accept it or not, or to make an alternative proposal.

Doesn't happen too often; most delinquent filers don't fight revocation.