SEVU: New Invention of Great Potential... Message Board

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Microcap & Penny Stocks : SEVU: New Invention of Great Potential...

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To: Francois Goelo who started this subject	5/1/2001 12:01:46 PM
From: dkgross	Read Replies (1) of 1992

SeaView Video says SEC probing its books and records WASHINGTON, May 1 (Reuters) - SeaView Video Technology Inc. <SEVU.OB>, a maker of underwater cameras and security video systems, has said that federal securities regulators were investigating disclosures the company has made about its financial condition. The St. Petersburg, Florida-based company reported the probe in a filing on Monday with the Securities and Exchange Commission. It said that the SEC was looking into SeaView's periodic financial reports and books and records, as well as statements the company made to its accountants. The filing did not elaborate further and a spokesman for the company did not immediately return a call seeking comment. SeaView said that it expects to incur an undisclosed amount in costs responding to the SEC probe. The company's shares were unchanged at 75 cents in morning trading on the Bulletin Board. In the past 52 weeks the stock has swung from 70 cents to $16. Return to Headlines © 1999 Reality Online Inc., A REUTERS Company 1000 Madison Avenue, Norristown, PA 19403, USA. All rights reserved.

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