News Focus
News Focus
Followers 442
Posts 54534
Boards Moderated 7
Alias Born 02/15/2011

Re: None

Monday, 01/21/2013 5:33:24 AM

Monday, January 21, 2013 5:33:24 AM

Post# of 97615
SEC Mistake? MUST read.



THIS is the MAJOR misunderstanding here and is why so many have lost so much money.

Before ANY suspension is doled out there is a thorough investigation. 2 investigators must find irrefutable evidence of malfeasance they then present their findings to a BOARD who must look through the evidence and then if THEY decide there is enough evidence it must be signed off by the highest levels of the SEC. They are aware how a suspension ruins companies and cost shareholders most of their investments. These decisions are NOT taken lightly and it it EXTREMELY difficult for the SEC to order a suspension.

This involved process ensures mistakes are NOT made. Ergo why no companies have gotten off the greys since 2010. Suspending before they investigate is HOGWASH. GTGP was suspended to PROTECT THE PUBLIC from an ongoing fraud.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y