UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.

SECURITIES ACT OF 1933
Rel. No. 8554 / March 16, 2005

SECURITIES EXCHANGE ACT OF 1934
Rel. No. 51379 / March 16, 2005

ADMINISTRATIVE PROCEEDING
File No. 3-11666

NOTICE THAT INITIAL DECISION HAS BECOME FINAL

The time for filing a petition for review of the initial decision in this proceeding has expired. No such petition has been filed with respect to Robert Cord Beatty, and the Commission has not chosen to review the decision as to him on its own initiative.

Accordingly, notice is hereby given, pursuant to Rule 360(e) of Commission's Rules of Practice, that the initial decision of the administrative law judge, as corrected,^* has become the final decision of the Commission with respect to Robert Cord Beatty. The order contained in the decision with respect to him is hereby declared effective. That order barred Beatty from participating in an offering of penny stock.

For the Commission by the Office of the General Counsel, pursuant to delegated authority.

Endnotes

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^* Robert Cord Beatty, Initial Decision Rel. No. 271 (Jan. 14, 2005), ___ SEC ___, Order Partially Granting Manifest Error Motion, AP Rulings Rel. No. 618 (Feb. 10, 2005), __ SEC Docket __.

http://www.sec.gov/litigation/aljdec/33-8554.htm