GLER/HAWK can not get out of this easily and when the suspension is over they will open on the Grey Markets. to get off the grey markets there will need to be fully audited financials as well as other conditions that will need to be met.
As for why this one was picked clean by the SEC, the 8k's were quite obvious that a scam was in play. Many here have addressed the language in the first 8K implying a deal was COMPLETE only to get a second one weeks later claiming it was in re-negotiation. can't be both. Same with the TRUMP PR's, etc....
I love the spin that Ragsdale and Kaiser are making but have seen those same "excuses" many times before. the SEC never suspends before speaking to the company about issues/concerns they have and so any claims that they do not know are pure lies.