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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: E'Lane who wrote (46400)7/14/1999 4:16:00 PM
From: Ronaldo  Read Replies (3) | Respond to of 50264
 
{E}:
Issue 99-130 July 8, 1999
COMMISSION ANNOUNCEMENTS COMMISSION ORDERS TEMPORARY SUSPENSION OF TRADING IN THE SECURITIES OF DIGITCOM INTERACTIVE VIDEO NETWORK (OTC BB: DGIV)
The Commission ordered the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act), of trading in the securities of Digitcom Interactive Video Network (OTC BB: DGIV), from 9:30 a.m. EDT on July 8, 1999, through 11:59 p.m. EDT on July 21, 1999. The Commission ordered this trading
suspension because of questions raised about the adequacy and
accuracy of publicly disseminated information concerning Digitcom
Interactive Video Network, relating to the company's financial
condition and the nature or existence of agreements and contracts
with overseas private and governmental entities.
The Commission cautions broker-dealers, shareholders, and
prospective purchasers that they should carefully consider the
foregoing information along with all other currently available
information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that,
pursuant to Rule 15c2-11 under the Exchange Act, at the termination
of the trading suspension, no quotation may be entered unless and
until they have strictly complied with all of the provisions of the
rule. If any broker or dealer has any questions as to whether or
not it has complied with the rule, it should not enter any quotation
but immediately contact the staff of the Securities and Exchange
Commission in Washington, D.C. If any broker or dealer is uncertain
as to what is required by Rule 15c2-11, it should refrain from
entering quotations relating to the securities of Digitcom until
such time as it has familiarized itself with the rule and is certain
that all of its provisions have been met. If any broker or dealer
enters any quotation which is in violation of the rule, the
Commission will consider the need for prompt enforcement action.
(Rel. 34-41607)
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