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Technology Stocks : Racom Systems (RCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Schmidt who wrote (431)3/23/1999 4:55:00 PM
From: Richard Wright  Read Replies (1) | Respond to of 468
 
Paul: Yes, 'ouch' indeed. This is the critical part of the text of the announcement to the Australian Stock Exchange:

"LETTER FROM SIMS LOCKWOOD INTAG INTERNATIONAL LIMITED (IN LIQUIDATION)
AUSTRALIA COMPANY NUMBER: 009 270 188
I advise that I was appointed Official Liquidator of Intag
International (In Liquidation) by virtue of an order of the Supreme
Court of New South Wales on 22 March, 1999.
I understand that the company's shares have been suspended from
official quotation effective from 17 March, 1999, following failure
of the company to lodge with the Australian Stock Exchange Limited
the half yearly report for the period ended 31 December, 1998 in
accordance with listing rules."