[Federal Register Volume 63, Number 187 (Monday, September 28, 1998)]
[Page 51631]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-25821]



Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Room Plus, Inc., Common Stock, $.00133 Par Value; 
Redeemable Common Stock Purchase Warrants) File No. 1-14478

September 22, 1998.
    Room Plus, 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 
securities (``Securities'') from listing and registration on the Boston 
Stock Exchange, Inc. (``BSE'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration include the following:
    The Company's Securities have been listed for trading on the BSE 
and the Nasdaq since November 1, 1996.
    In making the decision to withdraw its Securities from listing on 
the BSE, the Company considered the direct and indirect costs and 
expenses attendant on maintaining the dual listing of its Securities on 
the Nasdaq and the BSE. The Company does not see any particular 
advantage in the dual trading of its Securities and believes that dual 
listing would fragment the market for its Securities.
    The Company has complied with the rules of the Exchange by filing a 
certified copy of the resolution adopted by the Company's Board of 
Directors authorizing the withdrawal of its Securities from listing and 
registration on the Exchange and by setting forth in detail to the 
Exchange the reasons for the proposed withdrawal.
    By letter dated August 26, 1998, the Exchange informed the Company 
that it would not object to the withdrawal of the Company's Securities 
from listing and registration on the BSE.
    The withdrawal from listing of the Company's Securities from the 
BSE has no effect upon the continued listing of the Securities on the 
    By reason of Section 12 of the Act and the rules thereunder, the 
Company shall continue to be obligated to file reports under Section 13 
of the Act with the Commission and the Nasdaq.
    Any interested person may, on or before October 13, 1998, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW, Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rule of the Exchange 
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,
[FR Doc. 98-25821 Filed 9-25-98; 8:45 am]