InvestorsHub Logo
Followers 33
Posts 1811
Boards Moderated 0
Alias Born 10/19/2007

Re: None

Friday, 11/16/2007 5:51:23 PM

Friday, November 16, 2007 5:51:23 PM

Post# of 92
Their registration was revoked on October 17th

I think the 15-12g was an attempt to save the shell at the last minute. What sucks is if they had filed the form when IPYS originally became a shell back in 2004 none of this would have happened. Maybe there is a chance it could come back in another form someday though I haven't found any that suffered this fate that have.

-------------------------------------------------

SEC Revokes Registration Of Securities Of Instapay Systems For Failure To Make Required Periodic Filings
10/17/2007

On October 17, the Securities and Exchange Commission (SEC) revoked the registration of each class of registered securities of Instapay Systems, Inc. for failure to make required periodic filings with the Commission. Without admitting or denying the findings in the order, except as to jurisdiction, which it admitted, Instapay consented to the entry of an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to Instapay Systems, Inc. finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 and Rules 13a-1 and 13a-13 there under and revoking the registration of each class of Instapay's securities pursuant to Section 12(j) of the Exchange Act. This order settled the charges brought against Instapay in the Matter of The CattleSale Co.

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3274513


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.