In the Matter of Cape Systems Group, Inc., Caribbean Cigar Company, Casual Male Corp., Cell Power Technologies, Inc., Cellmetrix, Inc. (f/k/a BCAM International, Inc.), Cellular Products, Inc. (n/k/a 872 Main Street Corp.), Ceptor Corp., CGS Scientific Corp., and Ciprico, Inc., File No. 500-1; Order of Suspension of Trading, 65046 [2010-26698]
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65046
Federal Register / Vol. 75, No. 203 / Thursday, October 21, 2010 / Notices
period on the Capital Market, unless it
does not appear to Nasdaq staff that it
is possible for the Company to cure the
deficiency.
The Commission believes that
requiring a company to affirmatively
state its intent to cure the bid price
deficiency and Nasdaq staff to
determine whether it is possible for the
company to cure that deficiency,
provides further protections to
investors, by helping to ensure that only
companies that are serious and capable
of gaining compliance with the Capital
Market listing standards within the
timeframe provided qualify for the
second compliance period. In this
regard, the Commission would expect a
thorough review to ensure that it is
possible for the bid price deficiency to
be cured at the end of the second 180
day compliance period and, if not,
would expect Nasdaq to immediately
commence delisting proceedings.
In approving the Nasdaq’s proposal,
the Commission recognizes that certain
companies that do not currently qualify
for the second compliance period could
receive additional time to remain listed
on a public market. The proposal,
however, does not extend the overall
maximum time of 360 days that a
company may remain listed before
delisting proceedings will commence.
Moreover, the proposal eliminates the
automatic nature of the second 180 day
bid price compliance period that exists
under the current rules. Further,
notwithstanding the change in
eligibility criteria for a second
compliance period, the Commission
expects Nasdaq to monitor companies
closely that are out of compliance and
use its authority to delist issuers in a
prompt, efficient, and fair manner
where necessary and appropriate, in
accordance with Nasdaq Rule 5100,
including where there are public
interest or other concerns such as low
price or market value, that make
continued listing unwarranted.
Finally, the Commission finds that
Nasdaq’s proposal to remove language
in Rule 5810(c)(3) will reduce confusion
regarding the application of the rule by
clarifying that there are no fees
applicable to a company which transfer
to the Capital Market. The additional
changes proposed by Nasdaq to the text
of Rule 5810(c)(3)(A)(i)–(ii) conform the
rule language and format of the two
paragraphs and clarify that Nasdaq will
assess a company for compliance with
applicable listing requirements based on
the company’s most recent public filings
and market information. The
Commission believes that these changes
either clarify the rule or are nonsubstantive.
VerDate Mar<15>2010
17:24 Oct 20, 2010
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IV. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,16 that the
proposed rule change (SR–NASDAQ–
2010–107), be, and hereby is, approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.17
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–26474 Filed 10–20–10; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
In the Matter of Cape Systems Group,
Inc., Caribbean Cigar Company, Casual
Male Corp., Cell Power Technologies,
Inc., Cellmetrix, Inc. (f/k/a BCAM
International, Inc.), Cellular Products,
Inc. (n/k/a 872 Main Street Corp.),
Ceptor Corp., CGS Scientific Corp.,
and Ciprico, Inc., File No. 500–1; Order
of Suspension of Trading
October 19, 2010.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Cape
Systems Group, Inc. because it has not
filed any periodic reports since the
period ended December 31, 2006.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Caribbean
Cigar Company because it has not filed
any periodic reports since the period
ended September 30, 1998.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Casual Male
Corp. because it has not filed any
periodic reports since the period ended
February 3, 2001.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Cell Power
Technologies, Inc. because it has not
filed any periodic reports since the
period ended April 30, 2006.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Cellmetrix,
Inc. (f/k/a BCAM International, Inc.)
because it has not filed any periodic
reports since the period ended June 30,
2000.
It appears to the Securities and
Exchange Commission that there is a
16 15
17 17
PO 00000
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
Frm 00063
Fmt 4703
Sfmt 4703
lack of current and accurate information
concerning the securities of Cellular
Products, Inc. (n/k/a 872 Main Street
Corp.) because it has not filed any
periodic reports since the period ended
December 31, 1994.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Ceptor
Corp. because it has not filed any
periodic reports since the period ended
September 30, 2007.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of CGS
Scientific Corp. because it has not filed
any periodic reports since the period
ended February 29, 2000.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Ciprico, Inc.
because it has not filed any periodic
reports since the period ended
December 31, 2007.
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 October 19, 2010, through
11:59 p.m. EDT on November 1, 2010.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010–26698 Filed 10–19–10; 11:15 am]
BILLING CODE 8011–01–P
SOCIAL SECURITY ADMINISTRATION
Agency Information Collection
Activities: Comment Request
The Social Security Administration
(SSA) publishes a list of information
collection packages requiring clearance
by the Office of Management and
Budget (OMB) in compliance with
Public Law (Pub. L.) 104–13, the
Paperwork Reduction Act of 1995,
effective October 1, 1995. This notice
includes a new information collection
for OMB approval.
SSA is soliciting comments on the
accuracy of the agency’s burden
estimate; the need for the information;
its practical utility; ways to enhance its
quality, utility, and clarity; and ways to
minimize burden on respondents,
including the use of automated
E:\FR\FM\21OCN1.SGM
21OCN1
]]>Agencies
[Federal Register Volume 75, Number 203 (Thursday, October 21, 2010)]
[Notices]
[Page 65046]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-26698]
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SECURITIES AND EXCHANGE COMMISSION
In the Matter of Cape Systems Group, Inc., Caribbean Cigar
Company, Casual Male Corp., Cell Power Technologies, Inc., Cellmetrix,
Inc. (f/k/a BCAM International, Inc.), Cellular Products, Inc. (n/k/a
872 Main Street Corp.), Ceptor Corp., CGS Scientific Corp., and
Ciprico, Inc., File No. 500-1; Order of Suspension of Trading
October 19, 2010.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Cape Systems Group, Inc. because it has not filed any periodic reports
since the period ended December 31, 2006.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Caribbean Cigar Company because it has not filed any periodic reports
since the period ended September 30, 1998.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Casual Male Corp. because it has not filed any periodic reports since
the period ended February 3, 2001.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Cell Power Technologies, Inc. because it has not filed any periodic
reports since the period ended April 30, 2006.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Cellmetrix, Inc. (f/k/a BCAM International, Inc.) because it has not
filed any periodic reports since the period ended June 30, 2000.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Cellular Products, Inc. (n/k/a 872 Main Street Corp.) because it has
not filed any periodic reports since the period ended December 31,
1994.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Ceptor Corp. because it has not filed any periodic reports since the
period ended September 30, 2007.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
CGS Scientific Corp. because it has not filed any periodic reports
since the period ended February 29, 2000.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Ciprico, Inc. because it has not filed any periodic reports since the
period ended December 31, 2007.
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 October 19, 2010, through 11:59 p.m. EDT on November 1, 2010.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010-26698 Filed 10-19-10; 11:15 am]
BILLING CODE 8011-01-P
