Looked clear enough to me.
United STATES OF AMERICA
Before the
Securities AND Exchange COMMISSION
August 18, 1998
Midland, Inc.
ORDER OF SUSPENSION OF TRADING
File No. 500-1
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information on concerning the securities of Midland, Inc. ("Midland") because of questions regarding the accuracy and adequacy of information disseminated by and about Midland concerning, among other things: Midland's assets and liabilities; the identity and assets of the companies that Midland has announced plans to acquire; Midland's current operations and business prospects; the composition and involvement in company affairs of Midland's purported management; and the possible misappropriation of assets by Midland officers. and because Midland has failed to file with the Commission a Form 1O-KSB for the year ended December 31, 1997, and Forms 1O-QSB for the quarterly periods ended March 31, 1993, and June 30, 199t
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 company.
Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 19343 that trading in the above lined company is suspended for the period from 9:30 a.m. EST, August 18, 1998 through 11:59 p.m. ES?, on August 31, 1998.
By the Commission
Jonathan 0. Katz
Secretary |
