Business
Suspension of Trading
Suspension of Trading.
About this update from Global Quest Ltd
[{"type":"text","content":"UNITED STATES OF AMERICA Before theSECURITIES AND EXCHANGE COMMISSIONSECURITIES EXCHANGE ACT OF 1934Release No. 80667 / May 11, 2017 The Securities and Exchange Commission (“Commission”) announced the temporarysuspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “ExchangeAct”), of trading in the securities of Global Quest, Ltd. (“GLBB”), of Centennial, Colorado, at9:30 a.m. EDT on May 12, 2017, and terminating at 11:59 p.m. EDT on May 25, 2017. The Commission temporarily suspended trading in the securities of GLBB because of concernsregarding the accuracy and adequacy of information in the marketplace, including on GlobalQuest’s website, regarding the company’s business operations. This order was entered pursuantto Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act). The Commission acknowledges FINRA’s assistance in this matter. The Commission cautions brokers, dealers, shareholders, and prospective purchasers that theyshould carefully consider the foregoing information along with all other currently availableinformation and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under theExchange Act, at the termination of the trading suspension, no quotation may be entered unlessand until they have strictly complied with all of the provisions of the rule. If any broker or dealerhas any questions as to whether or not he has complied with the rule, he should not enter anyquotation but immediately contact the staff in the Division of Trading and Markets, Office ofInterpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what isrequired by Rule 15c2-11, he should refrain from entering quotations relating to GLBB’ssecurities until such time as he has familiarized himself with the rule and is certain that all of itsprovisions have been met. If any broker or dealer enters any quotation which is in violation ofthe rule, the Commission will consider the need for prompt enforcement action. If any broker, dealer or other person has any information which may relate to this matter, theyshould immediately contact Michael D. Paley, Assistant Regional Director, New York RegionalOffice at (212) 336-0145 or Steven Rawlings, Assistant Regional Director...