PLSIA (Premier Laser Systems) Message Board

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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: John S. Baker who wrote (1599)	6/6/1998 8:51:00 PM
From: Mama Bear	Read Replies (2) of 1773

This halt is because the SEC requested documents from PLSIA (see press release below). I have only seen this once before, and that was when Solv Ex was halted in July of '97. SOLV was halted for just around 2 months (7/11/97 to 9/18/97), and resumed trading as SOLVQ (the Q means in bankruptcy) on the pink sheets. I don't think that beyond the almost verbatim of the press release that the situations are entirely similar. But this halt could drag out for some time. Barb ---------------------------------------------------------------------- IRVINE, Calif.--(BUSINESS WIRE)--May 27, 1998--Premier Laser Systems Inc. (Nasdaq NM:PLSIA) Wednesday announced that it has received a request for information from The Nasdaq Stock Market and a notice that Nasdaq has halted trading in the company's common stock pending receipt and review of the information. Premier Laser said that it will compile the information requested, and will fully cooperate with Nasdaq in its inquiry. CONTACT: Allen & Caron Inc. Matt Clawson (investors) Owen Daley (media) 949/252-8440 KEYWORD: CALIFORNIA BW0020 MAY 27,1998

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