[Federal Register Volume 64, Number 212 (Wednesday, November 3, 1999)]
[Notices]
[Page 59814]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-28756]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (Advantage Marketing Systems, Inc., Common Stock,
$.0001 Par Value per Share) File No. 1-13343
October 28, 1999.
Advantage Marketing Systems, Inc. (``Company'') has filed an
application with the Securities and Exchange Commission
(``Commission''), pursuant to Section 12(d) of the Securities Exchange
Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to
withdraw the above specified security (``Security'') from listing and
registration on the Boston Stock Exchange, Incorporated (``BSE'' or
``Exchange'').
The Security of the Company has been listed for trading on the BSE
and, pursuant to a Registration Statement on Form 8-A filed with the
Commission which became effective on June 9, 1999, on the American
Stock Exchange LLC (``Amex''). Trading in the Company's Security on the
Amex commenced at the opening of business on June 15, 1999.
In making its decision to withdraw its Security from listing and
registration on the BSE, the Company considered the direct and indirect
costs arising from maintaining the listing of such Security on the BSE
and Amex simultaneously. Moreover, the Company does not see any
particular advantage in having its Security trade in two markets and
seeks to avoid fragmenting the market for its Security.
The Company has complied with the rules of the BSE by filing with
the Exchange a certified copy of the preambles and resolutions adopted
by the Company's Board of Directors authorizing the withdrawal of its
Security from listing on the BSE and by setting forth in detail to the
Exchange the reasons for the proposed withdrawal and the facts to
support thereof.
The BSE has informed the Company that it has no objection to the
withdrawal of the Company's Security from listing on the Exchange.
The Company's application relates solely to the withdrawal of the
Securities from listing and registration on the BSE and shall have no
effect upon their continued listing and registration on the Amex. By
reason of Section 12(b) of the Act and the rules and regulations of the
Commission thereunder, the Company shall continue to be obligated to
file with the Commission and the Amex any reports required under
Section 13 of the Act.
Any interested person may, on or before November 18, 1999, submit
by letter to the Secretary of the Securities and Exchange Commission,
450 Fifth Street, NW, Washington, DC 20549-0609, facts bearing upon
whether the application has been made in accordance with the rules of
the BSE 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. 99-28756 Filed 11-2-99; 8:45 am]
BILLING CODE 8010-01-M
