SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
RELEASE NO. 34-45022 / November 6, 2001
The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of over-the-counter trading of the securities of 2DoTrade, Inc., a Nevada corporation with offices purportedly in White Rock, British Columbia and London, England. The suspension will commence at 9:30 a.m. on November 6, 2001 and terminate at 11:59 p.m. on November 19, 2001.
The Commission temporarily suspended trading in the securities of 2DoTrade because of questions regarding the accuracy of publicly disseminated information concerning, among other things, (1) the company's claims about testing and the expected distribution of a supposed anti-bacterial compound as a disinfectant for anthrax; (2) the existence and viability of contracts entered into by the company; (3) the status of the company's business operations and prospects; and (4) the identity and backgrounds of the persons in control of the operations and management of the company.
The Commission cautions brokers-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. 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 they have complied with the rule, they should not enter any quotation, but rather they should 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, they should refrain from entering quotations relating to 2DoTrade securities until such time as they have familiarized themselves with the rule and are certain that all of its provisions have been met. If any broker or dealer enters any quotation that is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker-dealer or other person has any information that may relate to this matter, they should immediately communicate it to Harold F. Degenhardt, District Administrator or Spencer C. Barasch, Associate District Administrator, in the Fort Worth District Office of the United States Securities and Exchange Commission. They can be reached at 817/978-3821 or by email, DegenhardtH@sec.gov or BaraschS@sec.gov.