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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (9191)2/15/2002 10:43:27 AM
From: StockDung  Read Replies (1) | Respond to of 19428
 
SEC stops Eagle trade, cites Sept. 11 claim
WASHINGTON, Feb 15 (Reuters) - The Securities and Exchange Commission on Friday temporarily suspended trading in Eagle Building Technologies Inc. (OTC BB:EGBT.OB - news), saying questions have been raised about post-Sept. 11 security measures being marketed by the company.

Trading in Eagle was suspended through March 1. The company's shares closed on Thursday at $1.44 on the Bulletin Board.

The SEC said questions were raised about the accuracy of claims made by Eagle concerning an airport baggage security system, mail sterilization technology and money laundering detection software. The agency also said information about Eagle's foreign operations was also questioned.

A spokesman for the Boca Raton, Florida-based company declined to comment.