In the Matter of Greentech USA, Inc; Order of Suspension of Trading, 7530 [05-2866]

Download as PDF 7530 Federal Register / Vol. 70, No. 29 / Monday, February 14, 2005 / Notices Applicant’s Condition Applicant agrees that any order granting the requested relief will be subject to the following condition: Applicant will comply with all of the provisions of rule 3a–5 under the Act, except that: (1) MBIA will not meet the portion of the definition of ‘‘parent company’’ under rule 3a–5(b)(2)(i) solely because it is excluded from the definition of investment company under section 3(c)(6) of the Act; and (2) The Subject Controlled Companies will not meet the portion of the definition of ‘‘company controlled by the parent company’’ in rule 3a– 5(b)(3)(i) solely because they are excluded from the definition of investment company under section 3(c)(2), 3(c)(3), 3(c)(4), 3(c)(5) or 3(c)(6) of the Act; provided that: (a) Any Subject Controlled Company excluded from the definition of investment company under section 3(c)(5) of the Act will fall within section 3(c)(5)(A) or section 3(c)(5)(B) solely by reason of its holdings of accounts receivable of either its own customers or of the customers of other Controlled Companies, or by reason of loans made by it to such Controlled Companies or customers, and (b) MBIA and any Subject Controlled Company excluded from the definition of investment company under section 3(c)(6) of the Act will not be engaged primarily, directly, or through majorityowned subsidiaries in one or more of the businesses described in section 3(c)(5) of the Act (except as permitted in (a) above). For the Commission, by the Division of Investment Management, under delegated authority. Margaret H. McFarland, Deputy Secretary. [FR Doc. E5–591 Filed 2–11–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of Information Architects Corporation; Order of Suspension of Trading February 10, 2005. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Information Architects Corporation (‘‘IACH’’) because of questions regarding, among VerDate jul<14>2003 15:28 Feb 11, 2005 Jkt 205001 other things, (i) the authenticity of the Report of Independent Certified Public Accountants included in IACH’s Form 10–KSB/A for the year ended December 31, 2003, filed with the Commission on April 22, 2004, including whether the audit report accompanying the financial statements was prepared and issued by the auditors identified; and (ii) the accuracy of statements made in an amended Form 10–KSB/A for the year ended December 31, 2003, filed with the Commission on October 15, 2004, including the statement that a second review of the financial statements is being performed by the company’s auditors. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in securities related to IACH. Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in all securities, as defined in section 3(a)(10) of the Securities Exchange Act of 1934, issued by IACH, is suspended for the period from 9:30 a.m. e.s.t. on February 10, 2005, and terminating at 11:59 p.m. e.s.t. on February 24, 2005. By the Commission. Margaret H. McFarland, Deputy Secretary. [FR Doc. 05–2864 Filed 2–10–05; 11:33 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of Tekron, Inc.; Order of Suspension of Trading February 10, 2005. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Tekron, Inc. (‘‘Tekron’’) because of questions regarding, among other things, the authenticity of the Report of Independent Certified Public Accountants included in Tekron’s Form 10–KSB for the annual period ended March 31, 2004, filed with the Commission on July 23, 2004, including whether the audit report accompanying the financial statements was prepared and issued by the auditors identified. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in securities related to Tekron. Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in all securities, as defined in section 3(a)(10) PO 00000 Frm 00063 Fmt 4703 Sfmt 4703 of the Securities Exchange Act of 1934, issued by Tekron, is suspended for the period from 9:30 a.m. e.s.t on February 10, 2005, and terminating at 11:59 p.m. e.s.t on February 24, 2005. By the Commission. Margaret H. McFarland, Deputy Secretary. [FR Doc. 05–2865 Filed 2–10–05; 11:33 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of Greentech USA, Inc; Order of Suspension of Trading February 10, 2005. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Greentech USA, Inc. (‘‘Greentech’’) because of questions regarding, among other things, (i) the authenticity of the Report of Independent Certified Public Accountants included in Greentech’s Form 10–KSB for the year ended December 31, 2003, filed with the Commission on April 16, 2004, including whether the audit report accompanying the financial statements was prepared and issued by the auditors identified; and (ii) the accuracy of statements made in an amended Form 10–KSB/A for the year ended December 31, 2003, filed with the Commission on October 15, 2004, including the statement that a second review of the financial statements is being performed by the company’s auditors. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in securities related to Greentech. Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in all securities, as defined in section 3(a)(10) of the Securities Exchange Act of 1934, issued by Greentech, is suspended for the period from 9:30 a.m. e.s.t. on February 10, 2005, and terminating at 11:59 p.m. e.s.t. on February 24, 2005. By the Commission. Margaret H. McFarland, Deputy Secretary. [FR Doc. 05–2866 Filed 2–10–05; 11:37 am] BILLING CODE 8010–01–P E:\FR\FM\14FEN1.SGM 14FEN1

Agencies

[Federal Register Volume 70, Number 29 (Monday, February 14, 2005)]
[Notices]
[Page 7530]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-2866]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of Greentech USA, Inc; Order of Suspension of 
Trading

February 10, 2005.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Greentech USA, Inc. (``Greentech'') because of questions regarding, 
among other things, (i) the authenticity of the Report of Independent 
Certified Public Accountants included in Greentech's Form 10-KSB for 
the year ended December 31, 2003, filed with the Commission on April 
16, 2004, including whether the audit report accompanying the financial 
statements was prepared and issued by the auditors identified; and (ii) 
the accuracy of statements made in an amended Form 10-KSB/A for the 
year ended December 31, 2003, filed with the Commission on October 15, 
2004, including the statement that a second review of the financial 
statements is being performed by the company's auditors.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in securities 
related to Greentech.
    Therefore, it is ordered, pursuant to section 12(k) of the 
Securities Exchange Act of 1934, that trading in all securities, as 
defined in section 3(a)(10) of the Securities Exchange Act of 1934, 
issued by Greentech, is suspended for the period from 9:30 a.m. e.s.t. 
on February 10, 2005, and terminating at 11:59 p.m. e.s.t. on February 
24, 2005.

    By the Commission.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 05-2866 Filed 2-10-05; 11:37 am]
BILLING CODE 8010-01-P
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