ENFORCEMENT PROCEEDINGS - Delinquent Filers' Stock Registrations Revoked
Sep 11, 2009 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via COMTEX) --
Companies: Pacific International Enterprises, Inc. (PCIEQ), Paradise Holdings, Inc. (PDSHQ), PC-EPhone, Inc. (PCPH), Phoenix Laser Systems, Inc. (PXSY), Phoenix Resources Technologies, Inc. (PRTI)
The registrations of the registered securities of Pacific International Enterprises, Inc., Paradise Holdings, Inc., PC-EPhone, Inc., Phoenix Laser Systems, Inc., Phoenix Resources Technologies, Inc., and Pilot Network Services, Inc., have been revoked. Each had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission. Thus, each violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocations were ordered in an administrative proceeding before an administrative law judge. (Rel. 34-60652; File No. 3-13598)
Copyright (C) 2009 FIND Government Press Releases. All rights reserved
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Companies: Pacific International Enterprises, Inc. (PCIEQ), Paradise Holdings, Inc. (PDSHQ), PC-EPhone, Inc. (PCPH), Phoenix Laser Systems, Inc. (PXSY), Phoenix Resources Technologies, Inc. (PRTI)
Related terms: law, pilot, securities
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