SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 48183 / July 16, 2003
File No. 3-11183
Proceedings Instituted against RGW Acquisition Corporations I through X
The Commission instituted administrative proceedings pursuant to Section 12(j) of the Securities Exchange Act of 1934 ("Exchange Act") against ten "blank check" corporations, RGW Acquisition Corporations I through X of Atlanta, Georgia, seeking a suspension or revocation of the registration of their common stock. In the Order Instituting Proceedings ("Order"), the Division of Enforcement alleges that RGW Acquisition Corporations I through X have failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder by failing to file mandatory annual and quarterly reports since on or about December 2000.
A hearing will be scheduled before an administrative law judge to determine whether the allegations contained in the Order are true, to provide RGW Acquisition Corporations I through X an opportunity to dispute the allegations, and to determine whether to suspend or revoke the registration of the common stock of the corporations.