70 FR 60 pgs. 16313-16314 - Lonisson Communications Corporation; Order of Suspension of Trading
Type: NOTICEVolume: 70Number: 60Pages: 16313 - 16314
Docket number: [File No. 500-1]
FR document: [FR Doc. 05-6358 Filed 3-28-05; 1:57 pm]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
Lonisson Communications Corporation; Order of Suspension of Trading
March 28, 2005.
It appears to the Securities and Exchange Commission that the public interest and the protection of investors require a suspension of trading in the securities of Lonisson Communications Corporation ("Lonisson") because of concerns that Lonisson may have unjustifiably relied on Rule 504 of Regulation D of the Securities Act of 1933 in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Regulation D. Questions also have been raised regarding potentially manipulative transactions in Lonisson's common stock by certain individuals associated with the company and the accuracy of statements made in Lonnison's publicly available Information Statement concerning the disciplinary history of its counsel. Lonisson, a company that has made no public filings with the Commission or the NASD, is quoted on the Pink Sheets under the ticker symbol LCCP.
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. EST, March 28, 2005 through 11:59 p.m. EDT, on April 8, 2005.
By the Commission.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 05-6358 Filed 3-28-05; 1:57 pm]
BILLING CODE 8010-01-P