[Federal Register Volume 68, Number 80 (Friday, April 25, 2003)]
[Notices]
[Pages 20412-20413]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-10261]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of Surge Components, Inc. 
To Withdraw Its Common Stock, $.001 Par Value, and Purchase Warrants, 
$.001 Par Value, From Listing and Registration on the Boston Stock 
Exchange, Inc. File No. 1-14188

April 21, 2003.
    Surge Components, Inc., a New York 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, and purchase warrants, $.001 par 
value (``Securities''), from listing and registration on the Boston 
Stock Exchange, Inc. (``BSE'' or ``Exchange'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    On February 11, 2003, the Board of Directors of the Issuer approved 
a resolution to withdraw the Securities from listing and registration 
on the BSE. The Issuer states that the following reasons factored into 
the Board's decision to withdraw the Securities: the trading volume for 
the Securities is very low and the Issuer cannot maintain the minimum 
public float requirements of the BSE. The Issuer states that its common 
stock is currently traded on the Pink Sheets. The Issuer believes the 
Common Stock will continue to trade on the Pink Sheets.
    The Issuer states in its application that it has complied with BSE 
procedures for delisting by complying with all applicable laws in 
effect in the State of New York, the State in which it is incorporated. 
The Issuer's application relates solely to the Securities' withdrawal 
from listing on the BSE and from registration under section 12(b) of 
the Act \3\ and shall not

[[Page 20413]]

affect its obligation to be registered under section 12(g) of the 
Act.\4\
    Any interested person may, on or before May 14, 2003, 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 BSE 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. 
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).


    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. 03-10261 Filed 4-24-03; 8:45 am]
BILLING CODE 8010-01-P