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Technology Stocks : Enterprise Informatics
EINF 0.5100.0%Sep 29 5:00 PM EST

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To: Wanderer who wrote (13776)1/17/2008 6:24:46 PM
From: SIer formerly known as Joe B.  Read Replies (1) of 13797
 
300 shareholders not shares.

The Company anticipates that completion of the reverse split would reduce the number of holders of its common stock below 300, thereby allowing the Company to effect the deregistration of its common stock under the Securities Exchange Act of 1934 as required by the term sheet. If the Company's common stock is deregistered, the Company will no longer be subject to public reporting requirements under the Securities Exchange Act of 1934, including any requirements to file annual reports on Form 10-K and quarterly reports on Form 10-Q.
Although the Company's common stock would no longer be quoted on the OTC Bulletin Board if deregistration occurs, the Company anticipates that its common stock would be quoted on the Pink Sheets immediately following any deregistration.
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