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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (130845)	4/10/2004 2:46:46 PM
From: Rocket Red	Respond to of 150070

SEC News: OPEN MEETING - TUESDAY, APRIL 13, 2004 - 10:00 A.M. The subject matter of the open meeting scheduled for Tuesday, April 13, will be: 2. The Commission will consider whether to propose amendments to Form S-8 and Form 8-K as well as proposing to define the term "shell company." The proposed amendments would: (1) define the term "shell company" to mean a registrant with no or nominal operations, and with no or nominal assets or assets consisting solely of cash and cash equivalents; (2) prohibit the use of Form S-8 by shell companies; and (3) revise Form 8-K to require a shell company to include current Form 10 or Form 10-SB information, including audited financial statements, in the filing on Form 8-K that it files to report an event that causes it to cease being a shell company. For further information, please contact Gerald J. Laporte, Chief, or Kevin M. O'Neill, Special Counsel, Office of Small Business Policy, Division of Corporation Finance, at (202) 942-2908.