SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 RELEASE NO. 38345 / February 27, 1997 The Securities and Exchange Commission today ordered the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 ("Exchange Act"), of trading in the securities of Twenty First Century Health, Inc. ("TFCH"), beginning at 9:00 a.m. EDT on February 27, 1997 and concluding at 11:59 p.m. EDT on March 12, 1997. TFCH is located in Las Vegas, Nevada, and holds itself out as a new products development company in the field of health related hygienic, home diagnostic, nutritional supplement and medical technology products. TFCH's present market capitalization is approximately $15 million. The Commission ordered this trading suspension because of questions raised as to the adequacy and accuracy of publicly- disseminated information concerning, among other things: (1) the accuracy and reliability of certain press releases issued by TFCH since the first trading suspension was ordered on February 10, 1997, including: a) the business and current customers of Modern Tea Ball Services, Inc. and a related business that TFCH announced on February 14, 1997 it intended to acquire; b) the effectiveness and marketability of a new line of liquid colloidal nutritional supplements announced by TFCH on February 13, 1997; c) the accuracy of TFCH's statements concerning its plans to distribute those supplements; and d) the existence, status and likelihood of success of plans to complete an initial public offering of securities by an affiliated entity that TFCH announced it planned to have underwritten by Investors Associates, Inc., and New Jersey broker-dealer; and (2) the accuracy of TFCH's public announcement that it "welcomes" the Commission's inquiry, offers "full cooperation" and states that the company officials would be able to provide the Commission with the information it requires within nine days, when Joe Davis, who is TFCH's president, Loretta Davis, who was its founder and formerly its president, and Barclay Davis, who formerly was its secretary and director but who continues to act on behalf of TFCH, have all stated through counsel that they refuse to testify in the investigation in reliance on their Fifth Amendment privileges against self-incrimination. The Commission determined that the public interest and the protection of investors requires a suspension of trading in TFCH securities. The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. ==========================================START OF PAGE 2====== Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to TFCH's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.