InvestorsHub Logo
Followers 213
Posts 73537
Boards Moderated 0
Alias Born 03/01/2004

Re: Stock post# 1016

Wednesday, 04/25/2007 8:56:15 AM

Wednesday, April 25, 2007 8:56:15 AM

Post# of 1649
34-55660 Apr. 24, 2007 Marex.com, Inc. n/k/a Marex, Inc., Modern Computer Systems, Inc., Panther Telecommunications Corp., Royal Casket Distribution Corp., Schoolwurks, Inc., SkyWay Communications Holding Corp., and South Beach Concepts, Inc. n/k/a Global Franchise Concepts, Inc.
Note: See also the Order in this matter
http://www.sec.gov/litigation/admin/2007/34-55660.pdf

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SECURITIES EXCHANGE ACT OF 1934
Release No. 55660 / April 24, 2007
Administrative Proceeding File No. 3-12621
In the Matter of Marex.com, Inc. n/k/a Marex, Inc., Modern Computer Systems, Inc.,
Panther Telecommunications Corp., Royal Casket Distribution Corp., Schoolwurks, Inc.,
SkyWay Communications Holding Corp., and South Beach Concepts, Inc. n/k/a Global
Franchise Concepts, Inc.
SECURITIES AND EXCHANGE COMMISSION INSTITUTES
ADMINISTRATIVE PROCEEDINGS AGAINST SEVEN COMPANIES FOR
FAILURE TO MAKE REQUIRED PERIODIC FILINGS
The U.S. Securities and Exchange Commission today issued public administrative
proceedings against seven companies to determine whether the registration of each class
of their securities should be revoked or suspended for a period not exceeding twelve
months for failure to file required periodic reports:
• Marex.com, Inc. n/k/a Marex, Inc. (MARX)
• Modern Computer Systems, Inc.
• Panther Telecommunications Corp.
• Royal Casket Distribution Corp.
• Schoolwurks, Inc.
• SkyWay Communications Holding Corp. (SWYCQ)
• South Beach Concepts, Inc. n/k/a Global Franchise Concepts, Inc.
In this Order, the Division of Enforcement (Division) alleges that the seven issuers are
delinquent in their required periodic filings with the Commission.
In this proceeding, instituted pursuant to Securities Exchange Act of 1934 (Exchange
Act) Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At
the hearing, the judge will hear evidence from the Division and the respondents to
determine whether the allegations of the Division contained in the Order, which the
Division alleges constitute a failure to comply with violations of Exchange Act Section
13(a) and Rules 13a-1 and 13a-13 thereunder, are true. The judge in the proceeding will
then determine whether the registrations pursuant to Exchange Act Section 12 of the
securities of these respondents should be revoked or suspended for a period not
exceeding twelve months. The Commission ordered that the Administrative Law Judge
in this proceeding issue an initial decision not later than 120 days from the date of service
of the order instituting proceedings.

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.