Global Earth Energy Inc. (fka GLER)

[swing_trader]

Here is a little info for you guys. Most can say what you want but if this hits he grey sheets its over. Wanting or hoping it will come back aint gonna make it happen. I'm sorry you guys lost money in this

Stocks generally end up as what is commonly called Grey Sheet stocks after an SEC suspension. Technically, it is the Grey Market.

Market Makers are warned, pursuant to 15c 211 not to publish a quote for the security without reviewing its information statement/clarified information statement

Other OTC or otherwise known as the "GREY Market" is the trading of a security that is not listed on any stock exchange or quoted on the Pink Sheets or the OTCBB.

Other OTC trades are however reported to the NASD so investors can still track price and volume, however bids and offers are not collected in a central spot so Best Execution of orders is difficult.



As of September 21, 2012: From January 2010 until today there have been a total of 1116 SEC Suspensions where ALL 1116 stocks were reinstated on the Grey Sheets after the ten day SEC Suspension ended.

Of the 1116 SEC Suspended stocks since January 2010 645 Registrations have been revoked.

The remaining 471 stocks are on the Grey Sheets (or still in the ten day SEC Suspension within the last ten days) and not one has made it off the Grey Sheets back to quotation by any Market Maker.

Of the 471 stocks that are on the Grey Sheets most are awaiting revocation on DEFAULT for failure to file Financials, wherein there were no other allegations that would require subsequent SEC Litigation(s).

Stocks that were Suspended for any allegations are awaiting SEC Litigation or are being litigated and those stocks will remain on the Grey Sheets and will NOT be revoked until all SEC Litigation has been adjudicated by an SEC Administrative Law Judge.

For additional research the links below comprise all SEC Actions back to 1995.

SEC Suspensions:

http://www.sec.gov/litigation/suspensions.shtml

SEC Administrative Proceedings:

http://www.sec.gov/litigation/admin.shtml

SEC Litigations:

http://www.sec.gov/litigation/litreleases.shtml

Administrative Law Judge Orders:

http://www.sec.gov/alj/aljorders.shtml