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Non-Tech : Tel-One -(OTCBB: TLON). --STAY AWAY FROM THIS

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To: Marty Rubin who started this subject1/23/2002 11:33:59 AM
From: Marty Rubin   of 11
 
U.S. SEC suspends trading in Tel-One securities

Wednesday January 23, 11:01 am Eastern Time
U.S. SEC suspends trading in Tel-One securities
WASHINGTON, Jan 23 (Reuters) - U.S. regulators temporarily halted the trading of Tel-One Inc. (OTC BB:TLON.OB - news) securities on Wednesday due to questions raised over claims the company made about the video teleconferencing industry.

The trading suspension will be in effect through February 5, the U.S. Securities and Exchange Commission said in a statement.

The SEC also said questions were raised about the accuracy of claims the company made about the future price of its stock and efforts by management to artificially inflate the company's stock.

Shares of the Tampa, Florida-based company closed at $2.37 Tuesday in over-the-counter trading.

URL: biz.yahoo.com
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