Disability Access Corporation's Management Questions SEC Action Regarding Ten Day Trading Halt
Management of Disability Access Corporation (Pink Sheets:DBYC) today expressed being both perplexed and frustrated regarding a Securities and Exchange Commission-mandated ten day trading halt on its common stock.
Reference is made to a March 13, 2008, press release by the SEC, which readers can access, and are encouraged to view, below:
http://sec.gov/news/press/2008/2008-41.htm
Peter Chin, CEO of Disability Access Corporation, stated, “While we fully support the Securities and Exchange Commission’s efforts to combat corporate hijackings and other abuses that affect the integrity of the microcap stock market and all publicly traded companies, we are bewildered by being included in this group being targeted. The SEC is implying that DBYC is one of the companies that (quote) usurped the identity of defunct or inactive publicly-traded corporations using a tactic known as corporate hijacking. (end of quote - taken from above referenced SEC press release) This is completely unrelated to Disability Access Corporation and the status of DBYC. We have attempted to contact the contact names at the bottom of the SEC press release many times, to seek to correct this unjustified and improper action of theirs, but have been unsuccessful in even getting Mr. Scott W. Friestad or Mr. John S. Polise to return our calls. The Company is standing by to co-operate fully with the Commission and is anxious to hear from either Mr. Friestad or Mr. Polise. We ask our shareholders as well to assist us in seeking an explanation as to this inexplicable SEC action by contacting the Commission.”
About Disability Access Corporation
Disability Access Corporation, Inc. conducts facility inspections, policy reviews and program analyses in addition to a comprehensive continuum of other compliance services. Over 54 million people in the United States have a disability, a number equal to 20% of the population. The Americans with Disabilities Act of 1990 requires all organizational entities, public or private, with more than 15 employees, to provide equal access for individuals with disabilities. It is estimated that there is more than seven million sites at risk across the United States. For more information about DAC, please visit: www.adaconsultants.com
Disability Access Corporation
Patrick Donahoo, 702-327-7266
ptsinc.ir@gmail.com
Source: Business Wire (March 17, 2008 - 9:37 AM EDT)
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