Techcom Inc (TCRI)

[clouser]

Hey guys read this; SEC stuff....

If Giorgio is telling the truth about not selling, maybe this
might eliminate part of the prob. with the pps.
Looking for any kind of help here, lol.

Short Sale Delivery Effective Date: July 3, 2006

http://www.nasd.com/RulesRegulation/NoticestoMembers/2006NoticestoMembers/NASDW_016719


SEC Approves New Rule 3210 Applying Short Sale Delivery Requirements to Non-Reporting OTC Equity Securities; Effective Date: July 3, 2006
Executive Summary

On April 4, 2006, the Securities and Exchange Commission (SEC) approved new Rule 3210, Short Sale Delivery Requirements, which applies short sale delivery requirements to those equity securities not otherwise covered by the delivery requirements of Regulation SHO, namely non-reporting OTC equity securities.1 Rule 3210, among other things, requires participants of registered clearing agencies to take action on failures to deliver that exist for 13 consecutive settlement days in certain non-reporting securities. In addition, if the fail to deliver position is not closed out in the requisite time period, a participant of a registered clearing agency or any broker-dealer for which it clears transactions is prohibited from effecting further short sales in the particular specified security without borrowing, or entering into a bona-fide arrangement to borrow, the security until the fail to deliver position is closed out.



Rule 3210, as adopted, is set forth in Attachment A of this Notice. Also included in this Notice is information about the list of non-reporting securities that meet the requirements of Rule 3210 ("Rule 3210 Threshold Securities List") that NASD will publish. The rule becomes effective on July 3, 2006.



Questions regarding this Notice may be directed as follows: for questions regarding Rule 3210, contact the Legal Section, Market Regulation, at [phone]; or Office of General Counsel, Regulatory Policy and Oversight, at [phone]. For questions regarding the Rule 3210 Threshold Securities List, contact NASD