[Federal Register Volume 60, Number 243 (Tuesday, December 19, 1995)]
[Notices]
[Page 65367]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-30710]



-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION
[File No. 1-10814]


Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (ReadiCare, Inc., Common Stock, $.01 Par Value)

December 13, 1995.
    ReadiCare, 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 American 
Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the Security 
from listing and registration include the following:
    According to the Company, its Board of Directors unanimously 
approved resolutions on October 24, 1995 to withdraw the Security from 
listing on the Amex and instead, to list the Security on the Nasdaq 
National Market.
    The decision of the Board followed a lengthy review of the matter 
and was based upon the belief that listing the Security on the Nasdaq/
NMS will be more beneficial to the Company's stockholders than the 
present listing on the Amex for the following reasons:
    (a) The Company believes that the Nasdaq/NM system of competing 
market makers will result in increased visibility and sponsorship for 
the Security than is presently available on the Amex;
    (b) The Company believes that the Nasdaq/NM system will offer an 
opportunity for the Company to secure its own group of market makers 
and to expand the capital base available for trading in the Security; 
and
    (c) The Company believes that the firms making a market in the 
Security on the Nasdaq/NM system will also be inclined to issue 
research reports concerning the Company, thereby increasing the number 
of firms providing institutional research and advisory reports to the 
investment community.
    Any interested person may, on or before January 5, 1996 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether 
the application has been made in accordance with the rules of the 
exchanges 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. 95-30710 Filed 12-18-95; 8:45 am]
BILLING CODE 8010-01-M