99-19227. Issuer Delisting; Notice of Application To Withdraw From Listing and Registration; (IAT Resources Corporation (Formerly The Producers Entertainment Group Ltd.), Common Stock, Par Value $.001; Redeemable Common Stock Purchase Warrants ...

[Federal Register Volume 64, Number 144 (Wednesday, July 28, 1999)]
[Notices]
[Page 40918]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-19227]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (IAT Resources Corporation (Formerly The Producers 
Entertainment Group Ltd.), Common Stock, Par Value $.001; Redeemable 
Common Stock Purchase Warrants Expiring June 11, 2001; and Series A 
8\1/2\% Convertible Preferred Stock) File No. 1-12015

July 21, 1999.
    IAT Resources Corporation (``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 
securities (``Securities'') from listing and registration on the Boston 
Stock Exchange, Incorporated (``BSE'' or ``Exchange'').
    The Securities of the Company have been listed for trading on the 
BSE and have been designated for quotation on the Nasdaq SmallCap 
Market (``Nasdaq''). In making its decision to withdraw its Securities 
from listing and registration on the BSE, the Company considered the 
direct and indirect costs and expenses attached to maintaining the 
listing of such Securities on the BSE simultaneously with their 
designation for quotation on the Nasdaq. Moreover, the Company does not 
see any particular advantage in having its Securities trade in two 
markets.
    The Company has complied with the rules of the BSE by filing with 
the Exchange a certified copy of the resolutions adopted by the 
Company's Board of Directors authorizing the withdrawal of its 
Securities from listing on the BSE and by setting forth in detail to 
the Exchange the reasons for the proposed withdrawal and the facts in 
support thereof.
    The BSE has informed the Company that it has no objection to the 
withdrawal of the Company's Securities from listing on the Exchange.
    The Company's application relates soley to the withdrawal of the 
Securities from listing and registration on the BSE and shall have no 
effect upon their continued designation for quotation on the Nasdaq. By 
reason of Section 12(g) of the Act and the rules and regulations of the 
Commission thereunder, the Company shall continue to be obligated to 
file with the Commission any reports required under Section 13 of the 
Act.
    Any interested person may, on or before August 11, 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. 99-19227 Filed 7-27-99; 8:45 am]
BILLING CODE 8010-01-M