Regulators suspend trading for Tampa firm that touted Covid-19 product
April 13, 2020 - The U.S. Securities and Exchange Commission said it temporarily suspended trading of the securities of Turbo Global Partners Inc., a Tampa company whose stock trades over-the-counter under the ticker symbol TRBO. In a release, the SEC said questions that have been raised about the accuracy and adequacy of statements to address the Covid-19 pandemic that were contained in press releases issued by Turbo Global on March 30 and April 3. Those releases talked about Turbo Global's entry into an agreement with BeMotion Inc. to provide non-contact human temperature screening and facial recognition technology to TRBO and its ability to ship the technology to customers within five days of receiving an order, according to the SEC. The trading suspension began April 9 and will continue through April 23. Turbo Global did not respond to a request for comment from the St. Pete Catalyst.