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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: jhild who wrote (8253)	10/6/1998 8:24:00 AM
From: tonto	Respond to of 26163

No wonder the Transfer Agent wanted out. What a mess AZNT seems to be creating for itself. I understand why the previous TA's resigned. Is this penny stock acting as its own agent, legit? The fact is, if AZNT wants to act as their own transfer agent, they have to register with the SEC as such: law.uc.edu Part of Section 17A of the Securities Exchange Act of 1934: << c. 1.Except as otherwise provided in this section, it shall be unlawful for any transfer agent, unless registered in accordance with this section, directly or indirectly, to make use of the mails or any means or instrumentality of interstate commerce to perform the function of a transfer agent with respect to any security registered under Section 12 of this title or which would be required to be registered except for the exemption from registration provided by subsection (g)(2)(B) or (g)(2)(G) of that section. The appropriate regulatory agency, by rule or order, upon its own motion or upon application, may conditionally or unconditionally exempt any person or security or class of persons or securities from any provision of this section or any rule or regulation prescribed under this section, if the appropriate regulatory agency finds A.that such exemption is in the public interest and consistent with the protection of investors and the purposes of this section, including the prompt and accurate clearance and settlement of securities transactions and the safeguarding of securities and funds, and B.the Commission does not object to such exemption. 2.A transfer agent may be registered by filing with the appropriate regulatory agency for such transfer agent an application for registration in such form and containing such information and documents concerning such transfer agent and any persons associated with the transfer agent as such appropriate regulatory agency may prescribe as necessary or appropriate in furtherance of the purposes of this section. Except as hereinafter provided, such registration shall become effective 45 days after receipt of such application by such appropriate regulatory agencyor within such shorter period of time as such appropriate regulatory agency may determine. >>

To: jhild who wrote (8253)	10/6/1998 8:38:00 AM
From: tonto	Respond to of 26163

TA registration: law.uc.edu SEC Rule 17A(c)2-1 promulgated under Section 17A: Application for registration as a transfer agent General Rules and Regulations promulgated under the Securities Exchange Act of 1934 Rule 17Ac2-1 - Application for Registration of Transfer Agents a.An application for registration, pursuant to section 17A(c) of the Act, of a transfer agent for which the Commission is the appropriate regulatory agency, as defined in section 3(a)(B) of the Act, shall be filed with the Commission on Form TA-1, in accordance with the instructions contained therein and shall become effective on the thirtieth day following the date on which the application is filed, unless the Commission takes affirmative action to accelerate, deny or postpone such registration in accordance with the provisions of section 17A(c) of the Act. b.The filing of any amendment to an application for registration as a transfer agent pursuant to paragraph (a) of this section, which registration has not become effective, shall postpone the effective date of the registration until the thirtieth day following the date on which the amendment is filed, unless the Commission takes affirmative action to accelerate, deny or postpone the registration in accord- ance with the provisions of section 17A(c) of the Act. c.If any of the information reported on Form TA-1 or on the SEC Supplement becomes inaccurate, misleading, or incomplete, the registrant shall correct the information by filing an amendment within sixty days following the date on which the information became inaccurate, misleading, or incomplete. d.Every registration and amendment filed pursuant to this section shall constitute a "report" or "application" within the meaning of sections 17, 17A(c), and 32(a) of the Act. The company and some posters have made this questionable decision for the company to be self transfering as a positive move. The company recently advised the public they should demand their shares be sent to them. They have not advised whether or not legally they can even act as a transfer agent. I suggest AZNT prove it before shareholders tie up their shares and the ability to sell those shares. AZNT must verify to all shareholders and the public it is acting in accordance with required registration compliance. Be very careful! Demand they post the "already" completed application on their website for your own personal security.