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64 FR (01/20/1999) » 99-1206. Issuer Delisting; Notice of Application to Withdraw from Listing and Registration; (All Communications Corporation, Common Stock, No Par Value; Redeemable Class A Common Stock Purchase Warrants; and Units-2 Commons & 2 Class A Warrants)
99-1206. Issuer Delisting; Notice of Application to Withdraw from Listing and Registration; (All Communications Corporation, Common Stock, No Par Value; Redeemable Class A Common Stock Purchase Warrants; and Units-2 Commons & 2 Class A Warrants)
[Federal Register Volume 64, Number 12 (Wednesday, January 20, 1999)]
[Notices]
[Page 3142]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-1206]
[[Page 3142]]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 1-12937]
Issuer Delisting; Notice of Application to Withdraw from Listing
and Registration; (All Communications Corporation, Common Stock, No Par
Value; Redeemable Class A Common Stock Purchase Warrants; and Units-2
Commons & 2 Class A Warrants)
January 13, 1999.
All Communications Corporation (``Company'') has filed an
application with the Securities and Exchange Commission
(``Commission''), pursuant to Section 12(d) of the Securities and
Exchange Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated
thereunder, to withdraw the above specified securities (``Securities'')
from listing and registration on the Boston Stock Exchange, Inc.
(``BSE'' or ``Exchange'').
The reasons cited in the application for withdrawing the Securities
from listing and registration include the following:
The Company has complied with the rules of the BSE by filing with
the Exchange a certified copy of the resolution adopted by the
Company's Board of Directors authorizing the withdrawal of its
Securities from listing on the BSE and by setting forth the reasons for
the proposed withdrawal. In making the decision to withdraw its
Securities from listing on the BSE, the Company considered the direct
and indirect costs and expenses attendant upon continuing such listing,
particularly in view of the paucity of trading in the Company's
Securities on the BSE. An overwhelming majority of the transactions in
the Company's Securities are conducted on the OTC Bulletin Board with
no apparent problem for the Company's shareholders. The Company does
not see any particular advantage in the dual trading of its Securities.
The Exchange has informed the Company that it has no objection to
the withdrawal of the Company's Securities from listing on the BSE.
Any interested person may, on or before, February 4, 1999, submit
by letter to the Secretary of the Securities and Exchange Commission,
450 Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon
whether the application has been made in accordance with the rules of
the Exchange and what terms, if any, should be imposed by the
Commission for the protection of investors. The Commission, based on
the information submitted to it, will issue an order granting the
application after the date mentioned above, unless the Commission
determines to order a hearing on the matter.
For the Commission, by the Division of Market Regulation,
Pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-1206 Filed 1-19-99; 8:45 am]
BILLING CODE 8010-01-M
Document Information
- Published:
- 01/20/1999
- Department:
- Securities and Exchange Commission
- Entry Type:
- Notice
- Document Number:
- 99-1206
- Pages:
- 3142-3142 (1 pages)
- Docket Numbers:
- File No. 1-12937
- PDF File:
-
99-1206.pdf