97-14541. Amquest International, Ltd.; Order of Suspension of Trading

[Federal Register Volume 62, Number 106 (Tuesday, June 3, 1997)]
[Notices]
[Page 30363]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-14541]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 5500-1]


Amquest International, Ltd.; Order of Suspension of Trading

May 30, 1997.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Amquest International, Ltd. (``Amquest'' or the ``Company''), a Florida 
based company which holds itself out to be part of an integrated system 
of companies for the provision of mortgage banking, investment and 
consumer credit services, because of questions regarding the accuracy 
of assertions by Amquest, and by others, in documents filed with the 
Commission and distributed to investors and market-makers of the stock 
of Amquest, concerning, among other things, Amquest's ownership of 
certain Brazilian ``Rights'' and other assets, the value of certain 
assets claimed by Amquest, the amount of income, if any, Amquest has 
generated, the acquisition by Amquest of certain entities, and the 
composition and involvement in Company affairs of Amquest's purported 
management.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above-listed 
company is suspended for the period from 9:30 a.m. EDT, May 30, 1997 
through 11:59 p.m. EDT, on June 12, 1997.

    By the Commission.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 97-14541 Filed 5-30-97; 11:21 am]
BILLING CODE 8010-01-M