I believe FINRA let Gifa go ahead so that the management could hang themselves with their unsubstantiated public information. The SEC can now step in and put a stop to the nonsense being offered up the management of Gifa based upon misleading communications.
Shetty was the one that signed off on the Form 15 to deregister from the SEC April 17 2017. Now he signs off on a bogus 10K for March 31 2016 under the name of Gifa. What a joke this company is. Operated by a bunch of clowns. There is no way Shetty should be signing off anything with the name of Gifa on it. Where is his resignation letter?