Imo, what happened today was nothing but a last ditch attack by the shorts in collusion with the SEC. Now you can believe whatever the hell you want, and I don't much care what you believe as that is your business, not mine. However, I intend to tell it like I see it which is the best I can do. That happens to be more than many other trgd/tarm posters are doing whom I would label as paid bashers and hired hit men and even worse than that are the longs who post disinfo for various reasons, and I will simply call them retards.
There are 20,000 other pink sheet stocks. None of them file financials, and everyone knows there is no requirement to file reports on the pink sheets. In addition , there was no forewarning despite what the document says. So this was a targeted attack for specific fraudulent reasons, imo, and the same was done to pzg two years ago for the same reasons...to help the shorts cover their shorts... plain and simple. The shorts are basically the bank and brokerage houses which own the SEC. The regulatory agencies are owned by the companies they supposedly regulate. These agencies were created for no other reason than that. It's called living in the matrix. You can either believe neo or agent smith...your choice.
I will just say that trgd was attacked today in order for the shorts to get it delisted from the pinks to the greys in 10 days. On the greys, the MMs can do whatever the hell they want, whenever the hell they want. That means there is no trustworthy bid or ask. IF you put in a market order, the MMs will ream you up the butt. If you put in a limit order, it may or may not get filled, and there is no accountability for that whatsoever to anybody. However, You can call your broker and ask them to call the MMs for a bid or ask before you put in your limit order, but still you may or may not get a fill at that bid or ask. This scam will allow the MM shorts to cover those shorts at a lower price than now because they will be making the only u.s. market on their terms. Of course, no one is forced to sell any of their shares, and no doubt trgd will be trading at new highs shortly after the sec lifts the suspension. However that could be months away according to my reading of the sec document which gives them up to 4 months before they MUST make an initial decision. Of course, the decision COULD come sooner than 4 months. However, in the meantime, any desperate sellers will be forced to sell on MM mafia terms.
On the positive side is the fact that the true balance sheet trgd/tarm ratio is still .4, so the wisest of the tarm shareholders will see this as an opportunity to exchange their tarm shares for trgd shares at firesale prices. That buying and mm shortcovering will limit the trgd downside.
Another positive for trgd and tarm is that news releases will still be forthcoming on this matter and all other relevant matters which will confirm the true value of both companies. In addition, trgd is still trading in frankfurt germany during this time. If tarm is receiving revenue, then fundamentally everything is fine and will be fine .