10 February 2005 – LAWFUEL – The Law News Network – The United States Securities and Exchange Commission announced the temporary
suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934
(“Exchange Act”), of trading of the securities of Greentech USA, Inc.
(“Greentech”) (stock symbol GTEI), Information Architects Corporation (“IA”)
(stock symbol IACH) and Tekron, Inc. (“Tekron”) (stock symbol TKRN),
commencing at 9:30 a.m. EST on February 10, 2005 through 11:59 p.m. EST, on
February 24, 2005.
The Commission temporarily suspended trading in Greentech’s, IA’s and
Tekron’s securities because of questions regarding (i) the authenticity of
the Report of Independent Certified Public Accountants included in the most
recent Forms 10-KSB filed with the Commission by Greentech, IA and Tekron,
including whether the audit report accompanying the financial statements was
prepared and issued by the auditors identified; and (ii) the accuracy of
statements made by Greentech and IA in amended Forms 10-KSB/A for the year
ended December 31, 2003, filed with the Commission on October 15, 2004,
including the statement by Greentech and IA that a second review of their
financial statements is being performed by the companies’ auditors.
The Commission cautions broker-dealers, shareholders, and prospective
purchasers that they should carefully consider the foregoing information
along with all other currently available information and any information
subsequently issued by Greentech, IA and Tekron.
Further, brokers and dealers should be alert to the fact that, pursuant to
Rule 15c2-11 under the Exchange Act, at the termination of the trading
suspension, no quotation may be entered unless and until they have strictly
complied with all of the provisions of the rule. If any broker or dealer
has any questions as to whether or not he has complied with the rule, he
should not enter any quotation but immediately contact the staff of the
Securities and Exchange Commission in Washington, DC. If any broker or
dealer is uncertain as to what is required by Rule 15c2-11, he should
refrain from entering quotations relating to Greentech’s, IA’s and Tekron’s
securities until such time as he has familiarized himself with the rule and
is certain that all of its provisions have been met. If any broker or
dealer enters any quotation which is in violation of the rule, the
Commission will consider the need for prompt enforcement action.
If any broker-dealer or other person has any information that may relate to
this matter, they should communicate it immediately to Jeffrey A. Cohen,
Assistant District Administrator of the Fort Worth District Office of the
Securities and Exchange Commission, at (817) 978-6480.
