Replies to post #69311 on Global Technologies Group, Inc. (GTGP)

[21ZNA9]

For the SEC to take action there has to be vast evidence of extreme wrongdoing that the public needs protection from. They know the devastating effects on shareholders doling out their MOST SEVERE penalty can have.

[Renee]

When the SEC suspends a stock ONLY for failure to file Financials there is an accompanying SEC Admin Proceeding ordering the company to immediately file all delinquent Financials.

When the SEC suspends with "questions" (ie., GTGP) without an accompanying Admin Proceeding it means the SEC believes that other infractions have been committed by the suspended company superceding delinquent Financials.

Most SEC Suspensions are for failure to file Financials wherein the accompanying SEC Admin Proceeding forewarns of revoking the delinquent company's registration on DEFAULT reasons if the delinquent company does not quickly file all delinquent Financials.

GTGP's suspension was more severe than ONLY failure to file Financials.

The following link will clearly show the differentiation between SEC Suspensions for ONLY failure to file Financials versus SEC Suspensions for "questions". Look for suspended stocks that have accompanying Admin Proceedings and the Admin Law Judge outcomes versus Suspensions that have "questions" without an accompanying Admin Proceeding and remain on the Grey Sheets until the SEC begins Litigation.

http://investorshub.advfn.com/SEC-Suspensions-&-Revocations-25334/

[sctts]

Tell me, how do you know that the SEC did far more DD?!
No one can possibly know that, and the SEC can suspend stocks for not keeping their fins up to date... which is the case with GTGP.

Well, if they have a contact in the SEC, a secretary or clerk, maybe,
You know, give them a heads up on stuff