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To: Q. who wrote (1011)6/15/1999 7:47:00 PM
From: afrayem onigwecher  Read Replies (1) | Respond to of 1440
 
The Securities and Exchange Commission announced the TEMPORARY suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act), of trading of the securities of Net Command Tech, Inc. (NCT) of Ft. Lauderdale, Florida at 9:30 a.m. EDT on June 11, 1999 and TERMINATING at 11:59 p.m. EDT on June 24, 1999
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To: Q. who wrote (1011)6/15/1999 8:06:00 PM
From: J.Y. Wang  Read Replies (3) | Respond to of 1440
 
Someone earlier pointed out that the SEC usually only halts 10 companies a year. That is a very low number considering the thousands of publicly traded companies in this country.

We all know how many highly questionable companies never get halted. It is probably reasonable to say that the SEC does not halt a company unless there is something really seriously wrong with the company.


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