In the Matter of: Score One, Inc., Physical Property Holdings, Inc.; Order of Suspension of Trading, 72802 [07-6174]

Download as PDF mstockstill on PROD1PC66 with NOTICES 72802 Federal Register / Vol. 72, No. 245 / Friday, December 21, 2007 / Notices Part 430, subpart B, section 430.203: Definitions (only to the extent necessary to allow an additional rating of record to support a pay decision under section III.C.3 or 4 of this project plan) Part 511, subpart B: Coverage of the General Schedule Part 530, subpart C: Special Rate Schedules for Recruitment and Retention Part 531, subpart B: Determining Rate of Basic Pay Part 531, subpart D: Within-Grade Increases Part 531, subpart E: Quality Step Increases Part 531, section 531.604: Determining an employee’s locality rate (only to the extent necessary to (1) allow a frozen locality pay percentage for employees with a rating of record below Fully Meets Expectations, as provided in the plan; and (2) apply an ‘‘effective’’ locality pay percentage for employees in the upper range extension under circumstances described in the plan) Part 531, section 531.606: Maximum limits on locality rates (only to the extent necessary to provide a locality rate may not exceed the rate for EX-IV plus 5 percent for employees in the upper range extension). Part 536, subpart B: Grade Retention Part 536, subpart C: Pay Retention (only to the extent necessary to (1) replace ‘‘grade’’ with ‘‘band;’’ (2) bar employees with a rating of record lower than Fully Meets Expectations from receiving retained rate increases under 5 CFR 536.305; (3) provide that pay retention provisions do not apply to conversions into the demonstration project from the General Schedule or other pay system, as long as the employee’s total pay rate is not reduced); (4) provide that a retained rate may not exceed the rate for EX-IV plus 5 percent; (5) provide the pay (including any locality adjustment or staffing supplement) of an employee in the upper range extension who is rated below Significantly Exceeds Expectations will be converted to a retained rate before processing any other actions; (6) provide a retained rate that is less than the maximum rate (including any locality adjustment or staffing supplement) of the upper range extension for an employee who receives a rating of record of Significantly Exceeds Expectations will be terminated and converted to an equal adjusted rate; (7) provide the range maximum rate used to compute retained rate adjustments is the normal range maximum rate (including any locality adjustment or staffing supplement); (8) VerDate Aug<31>2005 18:37 Dec 20, 2007 Jkt 214001 provide a retained rate under the enhanced pay retention provisions in section III.A.10. will be increased by 100 percent of the dollar amount of any increase in the normal maximum rate of the employee’s band during the twoyear period beginning on the date the employee’s retained rate is established; and (9) provide when a retained rate for an employee with a rating of record below Fully Meets Expectations falls below the applicable adjusted rate for the normal band maximum, the retained rate will be terminated and the employee’s pay will be set at an adjusted rate equal to the retained rate). Part 550, sections 550.106–107: Biweekly and annual maximum earnings limitation (only to the extent necessary to provide that an applicable staffing supplement is added to the GS– 15, step 10, rate in lieu of the applicable locality payment. Part 550, section 550.113(a): Computation of overtime pay (only to the extent necessary to provide that the GS–10 minimum special rate (if any) for the special rate category that would otherwise apply to an employee (but for the existence of the demonstration project) is deemed to be the ‘‘applicable special rate of pay’’ in determining the overtime hourly rate cap). Part 550, section 550.703: Definitions (to the extent necessary to modify paragraph (c)(4) of the definition of ‘‘reasonable offer’’ by replacing ‘‘two grade or pay levels’’ with ‘‘one pay band level’’ and ‘‘grade or pay level‘‘ with ‘‘pay band level’’). Part 752, section 752.401(a)(3): Adverse actions (only to the extent necessary to replace ‘‘grade’’ with ‘‘band’’). Part 752, section 752.401(a)(4): Adverse actions (only to the extent necessary to provide that adverse action provisions do not apply to conversions into the demonstration project from the General Schedule or other pay system, as long as the employee’s total rate of pay is not reduced. Note: If any of the provisions of title 5, Code of Federal Regulations, listed above are revised during the period this demonstration project is in effect, NNSA may choose to terminate the waiver of one or more such provisions with respect to employees participating in the project, without formally modifying the project itself. NNSA must notify OPM when any such waiver is terminated. SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of: Score One, Inc., Physical Property Holdings, Inc.; Order of Suspension of Trading December 19, 2007. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of the issuers listed below. For each issuer, questions have arisen regarding the adequacy and accuracy of press releases and other publicly-disseminated information concerning, among other things: (1) The companies’ assets; (2) the companies’ current business operations; (3) the companies’ current financial condition; (4) the issuance of the companies’ securities; and (5) transactions in the companies’ securities by insiders, consultants, and other individuals and entities. 1. Score One, Inc. is a Nevada corporation headquartered in Hong Kong. The company is dually quoted on the Over-the-Counter Bulletin Board and Pink Sheets under the ticker symbol ‘‘SREA.’’ The company has recently been the subject of spam e-mails touting the company’s shares. 2. Physical Property Holdings, Inc. is a Delaware corporation headquartered in Hong Kong. The company is dually quoted on the Over-the-Counter Bulletin Board and Pink Sheets under the ticker symbol ‘‘PPYH.’’ The company has recently been the subject of spam emails touting the company’s shares. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of Score One, Inc. and Physical Property Holdings, Inc. Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of Score One, Inc. and Physical Property Holdings, Inc. is suspended for the period commencing at 9:30 a.m. EST, December 19, 2007, and terminating at 11:59 p.m. EST, on January 3, 2008. By the Commission. Nancy M. Morris, [FR Doc. 07–6144 Filed 12–20–07; 8:45 am] Secretary. [FR Doc. 07–6174 Filed 12–19–07; 10:15 am] BILLING CODE 6325–43–P BILLING CODE 8011–01–P PO 00000 Frm 00138 Fmt 4703 Sfmt 4703 E:\FR\FM\21DEN1.SGM 21DEN1

Agencies

[Federal Register Volume 72, Number 245 (Friday, December 21, 2007)]
[Notices]
[Page 72802]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-6174]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of: Score One, Inc., Physical Property Holdings, 
Inc.; Order of Suspension of Trading

December 19, 2007.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
the issuers listed below. For each issuer, questions have arisen 
regarding the adequacy and accuracy of press releases and other 
publicly-disseminated information concerning, among other things: (1) 
The companies' assets; (2) the companies' current business operations; 
(3) the companies' current financial condition; (4) the issuance of the 
companies' securities; and (5) transactions in the companies' 
securities by insiders, consultants, and other individuals and 
entities.
    1. Score One, Inc. is a Nevada corporation headquartered in Hong 
Kong. The company is dually quoted on the Over-the-Counter Bulletin 
Board and Pink Sheets under the ticker symbol ``SREA.'' The company has 
recently been the subject of spam e-mails touting the company's shares.
    2. Physical Property Holdings, Inc. is a Delaware corporation 
headquartered in Hong Kong. The company is dually quoted on the Over-
the-Counter Bulletin Board and Pink Sheets under the ticker symbol 
``PPYH.'' The company has recently been the subject of spam e-mails 
touting the company's shares.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of Score One, Inc. and Physical Property Holdings, Inc.
    Therefore, it is ordered, pursuant to section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of 
Score One, Inc. and Physical Property Holdings, Inc. is suspended for 
the period commencing at 9:30 a.m. EST, December 19, 2007, and 
terminating at 11:59 p.m. EST, on January 3, 2008.

    By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. 07-6174 Filed 12-19-07; 10:15 am]
BILLING CODE 8011-01-P
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