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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?

To: eims2000 who wrote (4200)	6/24/2000 11:38:00 AM
From: Pluvia	Read Replies (4) \| Respond to of 6039

*STATE SECURITIES DIVISIONS GOING AFTER COII* We believe this is just the beginning... Page 59... edgar-online.com STATE SECURITIES MATTERS On May 22, 2000, the Alabama Securities Commission, without a hearing, entered order No. CD-2000-0031 which sets forth that we cease and desist from further sales of our securities in Alabama. The order reflects that no commissions can be paid for soliciting except by a registered agent of a broker-dealer. We have a right to both a formal and an informal hearing before the order becomes final and on June 16, 2000, we requested an informal hearing. In a letter dated May 17, 2000, the Utah Division of Securities proposed terms of an order whereby we would cease and desist from paying commissions except to broker-dealers and we would pay a $500 fine. We intend to respond to this letter in a timely manner.