[Federal Register Volume 67, Number 187 (Thursday, September 26, 2002)]
[Notices]
[Page 60708]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-24474]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of Environmental 
Safeguards, Inc., To Withdraw Its Common Stock, $.001 Par Value, From 
Listing and Registration on the American Stock Exchange LLC File No. 1-
13869

September 20, 2002.
    Environmental Safeguards, Inc., a Nevada corporation (``Issuer''), 
has filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
its Common Stock, $.001 par value (``Security''), from listing and 
registration on the American Stock Exchange LLC (``Amex'' or 
``Exchange'').
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    \1\ 15 U.S.C. 781(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Issuer stated in its application that it has met the 
requirements of Amex Rule 18 by complying with all applicable laws in 
effect in the state of Nevada, in which it is incorporated, and with 
the Amex's rules governing an issuer's voluntary withdrawal of a 
security from listing and registration.
    The Board of Directors (``Board'') of the Issuer unanimously 
approved a resolution on August 30, 2002 to withdraw the Issuer's 
Security from listing on the Amex. The Board considered the critical 
cash needs, annual cost, and the questionable value to the shareholders 
in making its decision to withdraw the Security from listing on the 
Amex. The Board felt that it is in the best interest of the 
shareholders to voluntarily withdraw from the Amex and seek quotation 
of its Security on the OTC Bulletin Board. The Issuer's application 
relates solely to the Security's withdrawal from listing on the Amex 
and from registration under section 12(b) of the Act \3\ and shall not 
affect its obligation to be registered under section 12(g) of the 
Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l (g).
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    Any interested person may, on or before October 11, 2002, 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 Amex 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.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 02-24474 Filed 9-25-02; 8:45 am]
BILLING CODE 8010-01-M