Replies to post #39241 on Fortitude Group, Inc. (FRTD)

[TracFoneDaddy]

Only got suspended because they seen the amount of money it was trading. SEC are all scum bags. How long it took them to nail Madoff, ohh wait he was the president of Nasdaq. This is BS. Now what, wait ten days for peanuts? Screw em.

[janice shell]

If false claims get your company suspended, then 90% of the stocks on the OTC should be suspended.

Bingo! But the SEC can't deal with them all, so it goes after the most outrageous.

[1manband]

Yes, it came to their attention. It was obviously bogus and caused a volume spike in the stock. Perhaps FINRA's market surveillance group blew the whistle, but they likely did not need anyone to inform them, because it was so obvious and egregious.

Legitimate companies register and report to the SEC. Those that aren't, don't. I would say closer to 100% of the OTC stocks make false claims on a regular basis. But most are smart enough not to claim a buyout from an unnamed company 1200% above market price. That is almost a sure suspension to follow.