Replies to post #40613 on Fortitude Group, Inc. (FRTD)

[lineItemVeto]

Do you have any links to back up these claims?

I Know what you said is not true as well

Pinksheet companies don't file with the SEC but they do load their filings onto the OTCMarkets.com site and they need to do that in order to keep their financials current. If I understand what he was trying to say is that FRTD has completed the 10Q and it is being loaded into the OTCMarkets site, and the Attorney's Letter for the 10K is already their and just waiting for the OTCMarkets to ok it, and then out it up. Then FRTD will have current financials with an Attorney's letter in place. In my opinion this helps them a great deal with the SEC. If Parilla is telling the truth and the SEC never spoke to him or asked him for any information before the suspension, and didn't know that Finra had already interviewed Parilla 2 weeks before then I think there's a real case where the suspension could be lifted and we'd see FRTD back on the pinks like before.

[1manband]

Parilla can't be that dumb, can he?

FINRA is a regulator. So is the SEC. FINRA often conducts fraud investigations during the early stage in conjunction with the SEC. If they find things that are questionable or fraudulent, they provide the information to the SEC for regulatory action. Obviously, FINRA had reason to believe fraud was being committed here which was cemented during the 2 hour interview. They referred that information to the SEC who conducted their own investigation and found enough to warrant a suspension of trading. That is how it works.

And no, you won't see FRTD back on the Pinks. And the SEC knows the OTCMarkets "filings" have no value. Making such worthless filings will in no way satisfy the Commission.

And again, they are not 10-Q and 10-K. Only SEC registrants file those documents. Parilla cannot legally call the crap he "files" with OTCMarkets 10-Q and 10-K. So I guess he really IS that dumb.

[justasupporter]

Bingo22, have you heard anything ? Thank you.