[Federal Register Volume 69, Number 184 (Thursday, September 23, 2004)]
[Notices]
[Pages 57103-57104]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-21328]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of Redline Performance 
Products, Inc., To Withdraw Its Common Stock, $.01 Par Value, From 
Listing and Registration on the American Stock Exchange LLC File No. 1-
32682

September 17, 2004.
    On September 9, 2004, Redline Performance Products, Inc., a 
Minnesota corporation (``Issuer''), filed an application with the 
Securities and Exchange Commission (``Commission'') pursuant to section 
12(d) of the Securities Exchange Act of 1934

[[Page 57104]]

(``Act)'' \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw its common 
stock, $.01 par value (``Security''), from listing and registration on 
the American Stock Exchange LLC (``Amex'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``Board'') of the Issuer unanimously 
approved a resolution on August 30, 2004 to withdraw the Issuer's 
Security from Listing on the Amex. The Board states that it is taking 
such action because the Issuer has filed for protection under Chapter 7 
of the United States Bankruptcy Code, has ceased all business 
operations and does not have the financial resources necessary to 
maintain the listing and registration of the Issuer's class of 
Security. The Board also determined that it is in the best interest of 
the Issuer to withdraw the Security from listing and registration on 
the Amex. In addition, the Issuer states that a trustee has been 
assigned and is working with the secured creditors to determine if 
there will be either a liquidation of all the assets, of if the secured 
creditors will take the assets and try to move forward. The Issuer also 
states that there is no plan on getting any new market makers and the 
Issuer has no plan to continue listing and trading in the public 
markets at this time.
    The Issuer states in its application that it has met the 
requirements of Amex Rule 18 by complying with all applicable laws in 
the State of Minnesota, 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 Issuer's application relates solely to the withdrawal of the 
Security from listing on the Amex and from registration under section 
12(2) 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 13, 2004, comment 
on the 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. All 
comment letters may be submitted by either of the following methods:

Electronic Comment

     Send an e-mail to [email protected]. Please include 
the File Number 1-31682 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW., 
Washington, DC 20549-0609.

    All submissions should refer to File Number 1-31682. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review comments more efficiently, please use only 
one method. The Commission will post all comments on the Commission's 
Internet Web site http://www.sec.gov/rules/delist.shtml). Comments are 
also available for public inspection and copying in the Commission's 
Public Reference Room, 450 Fifth Street, NW., Washington, DC 20549. All 
comments received will be posted without change; we do not edit 
personal identifying information from submissions. You should submit 
only information that you wish to make available publicly.
    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. 04-21328 Filed 9-22-04; 8:45 am]
BILLING CODE 8010-01-M