Aspen Group Resources Corp., Commercial Concepts, Inc., Desert Health Products, Inc., Equalnet Communications Corp., Geneva Steel Holdings Corp., Orderpro Logistics, Inc. (n/k/a Securus Renewable Energy, Inc.), and Sepragen Corp.; Order of Suspension of Trading, 13805 [2010-6447]
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Federal Register / Vol. 75, No. 55 / Tuesday, March 23, 2010 / Notices
jlentini on DSKJ8SOYB1PROD with NOTICES
on management oversight and 20–25%
of their time providing strategic
direction. SeaCo states that its only
executive officer, the Chief Executive
Officer, does not spend his time on
activities which involve investing,
reinvesting, owning, holding or trading
in securities, and its three employees
split their time between accountancy,
contract management, billing and
collections, investor communications
and office administration. SeaCo does
not, directly or indirectly, employ
securities analysts or engage in the
trading of securities for speculative or
other purposes.
d. Nature of Assets. As a holding
company, SeaCo asserts that its
financial data consolidated with its
wholly-owned subsidiaries provides a
more accurate picture of its business.
SeaCo states that, as of June 30, 2009,
its interests in GE SeaCo represented
50% of its total assets, consolidated
with its wholly-owned subsidiaries. Of
SeaCo’s remaining total assets,
consolidated with its wholly-owned
subsidiaries, SeaCo’s owned container
fleet represented 26%, amounts
receivable from container leasing
represented 7%, and other assets
consisting mainly of deferred finance
charges represented 2%. Treating the
interests in GE SeaCo as an operating
asset, SeaCo’s remaining Investment
Securities constituted less than 15% of
SeaCo’s total assets, consolidated with
its wholly-owned subsidiaries.7
e. Sources of Income. SeaCo states
that on an unconsolidated basis it has
no or minimal income from its
ownership of SC Finance, which
receives revenues from SeaCo’s other
subsidiaries. Applicant states that
revenues constitute the primary source
of its income. On a consolidated basis
with its wholly-owned subsidiaries,
SeaCo states that, for the period ending
June 30, 2009, its proportionate share of
the revenues of GE SeaCo represented
32%, revenues on the owned container
fleet managed by GE SeaCo represented
67%, and interest income represented
1%, of its total income.
6. SeaCo thus submits that it qualifies
for an order under section 3(b)(2) of the
Act.
7 Of SeaCo’s remaining Investment Securities,
consolidated with its wholly-owned subsidiaries,
restricted cash to service the SeaCo Group’s loan
facilities represented 10%, cash and cash
equivalents for operational purposes represented
2%, securities issued by GE SeaCo America
represented 2%, and the amount due from SCL
arising out of bankruptcy process represented 1%.
VerDate Nov<24>2008
16:31 Mar 22, 2010
Jkt 220001
For the Commission, by the Division of
Investment Management, under delegated
authority.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–6303 Filed 3–22–10; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
Aspen Group Resources Corp.,
Commercial Concepts, Inc., Desert
Health Products, Inc., Equalnet
Communications Corp., Geneva Steel
Holdings Corp., Orderpro Logistics,
Inc. (n/k/a Securus Renewable Energy,
Inc.), and Sepragen Corp.; Order of
Suspension of Trading
13805
concerning the securities of Sepragen
Corp. because it has not filed any
periodic reports since the period ended
September 30, 2002.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
companies. Therefore, it is ordered,
pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that
trading in the securities of the abovelisted companies is suspended for the
period from 9:30 a.m. EDT on March 19,
2010, through 11:59 p.m. EDT on April
1, 2010.
By the Commission.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–6447 Filed 3–19–10; 11:15 am]
BILLING CODE 8011–01–P
March 19, 2010.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Aspen
Group Resources Corp. because it has
not filed any periodic reports since the
period ended December 31, 2003.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Commercial
Concepts, Inc. because it has not filed
any periodic reports since the period
ended November 30, 2002.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Desert
Health Products, Inc. because it has not
filed any periodic reports since the
period ended December 31, 2005.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Equalnet
Communications Corp. because it has
not filed any periodic reports since the
period ended March 31, 2000.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Geneva
Steel Holdings Corp. because it has not
filed any periodic reports since the
period ended September 30, 2001.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Orderpro
Logistics, Inc. (n/k/a Securus Renewable
Energy, Inc.) because it has not filed any
periodic reports since the period ended
September 30, 2004.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
PO 00000
Frm 00079
Fmt 4703
Sfmt 4703
DEPARTMENT OF STATE
[Public Notice 6925]
Culturally Significant Objects Imported
for Exhibition Determinations: ‘‘Race to
the End of the Earth’’
SUMMARY: Notice is hereby given of the
following determinations: Pursuant to
the authority vested in me by the Act of
October 19, 1965 (79 Stat. 985; 22 U.S.C.
2459), Executive Order 12047 of March
27, 1978, the Foreign Affairs Reform and
Restructuring Act of 1998 (112 Stat.
2681, et seq.; 22 U.S.C. 6501 note, et
seq.), Delegation of Authority No. 234 of
October 1, 1999, Delegation of Authority
No. 236 of October 19, 1999, as
amended, and Delegation of Authority
No. 257 of April 15, 2003 [68 FR 19875],
I hereby determine that the objects to be
included in the exhibition ‘‘Race to the
End of the Earth,’’ imported from abroad
for temporary exhibition within the
United States, are of cultural
significance. The objects are imported
pursuant to loan agreements with the
foreign owners or custodians. I also
determine that the exhibition or display
of the exhibit objects at the American
Museum of Natural History, New York,
NY, from on or about May 25, 2010,
until on or about January 3, 2011, and
at possible additional exhibitions or
venues yet to be determined, is in the
national interest. Public Notice of these
Determinations is ordered to be
published in the Federal Register.
FOR FURTHER INFORMATION CONTACT: For
further information, including a list of
the exhibit objects, contact Carol B.
Epstein, Attorney-Adviser, Office of the
Legal Adviser, U.S. Department of State
(telephone: 202/632–6473). The address
is U.S. Department of State, SA–5, L/PD,
E:\FR\FM\23MRN1.SGM
23MRN1
Agencies
[Federal Register Volume 75, Number 55 (Tuesday, March 23, 2010)]
[Notices]
[Page 13805]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-6447]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
Aspen Group Resources Corp., Commercial Concepts, Inc., Desert
Health Products, Inc., Equalnet Communications Corp., Geneva Steel
Holdings Corp., Orderpro Logistics, Inc. (n/k/a Securus Renewable
Energy, Inc.), and Sepragen Corp.; Order of Suspension of Trading
March 19, 2010.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Aspen Group Resources Corp. because it has not filed any periodic
reports since the period ended December 31, 2003.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Commercial Concepts, Inc. because it has not filed any periodic reports
since the period ended November 30, 2002.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Desert Health Products, Inc. because it has not filed any periodic
reports since the period ended December 31, 2005.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Equalnet Communications Corp. because it has not filed any periodic
reports since the period ended March 31, 2000.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Geneva Steel Holdings Corp. because it has not filed any periodic
reports since the period ended September 30, 2001.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Orderpro Logistics, Inc. (n/k/a Securus Renewable Energy, Inc.) because
it has not filed any periodic reports since the period ended September
30, 2004.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Sepragen Corp. because it has not filed any periodic reports since the
period ended September 30, 2002.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed companies. Therefore, it is ordered,
pursuant to Section 12(k) of the Securities Exchange Act of 1934, that
trading in the securities of the above-listed companies is suspended
for the period from 9:30 a.m. EDT on March 19, 2010, through 11:59 p.m.
EDT on April 1, 2010.
By the Commission.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-6447 Filed 3-19-10; 11:15 am]
BILLING CODE 8011-01-P