SEC suspends trading in Hutech21 (CLGZF)

Hutech21 (CLGZF) had been promoted by a large number of D-list stock promoters back in May and June. Today the SEC suspended trading in Hutech21’s stock.

SEC press release (pdf)
SEC trading suspension order (pdf)

The reasoning for the trading suspension was the usual:

The Commission temporarily suspended trading in the securities of Hutech21 Co., Ltd. because
of questions that have been raised about the accuracy and adequacy of publicly disseminated
information about Hutech21 Co., Ltd., concerning, among other things, Hutech21 Co., Ltd.’s
business operations.

Disclaimer: I have no position in any stock mentioned and no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

2 thoughts on “SEC suspends trading in Hutech21 (CLGZF)”

  1. Hi Michael,

    I really appreciate your terrific blog and your refreshing integrity in the micro cap space.

    Please tell me what the symbol Y004611 refers to. I noticed you have traded it alot lately.

    Many thanks,
    Bill

    1. That is XUII. They did a name change and CUSIP change so the batch import from Speedtrader messed up. I’ll re-import shortly and that should fix it. But the only error is that the CUSIP is given and not the ticker — those trades all did happen.

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