Investco, Inc. Robert G. Mahony, Administrative Law Judge

SECURITIES EXCHANGE ACT OF 1934
Release No. 48369 August. 20, 2003

ADMINISTRATIVE PROCEEDING
File No. 3-11228

IN THE MATTER OF INVESTCO, INC.

On August 20, 2003, the Securities and Exchange Commission instituted administrative proceedings against Investco, Inc., ("Investco") a company headquartered in Boca Raton, Florida. The Division of Enforcement alleges that Investco failed to comply with Section 13(a) of the Securities Exchange Act of 1934 ("Exchange Act") and Rules 13a-1 and 13a-13 thereunder by failing to file any annual or quarterly reports with the Commission for the last 18 months.

A hearing will be scheduled before an administrative law judge to determine whether the allegations contained in the Order are true, to provide Investco an opportunity to dispute the allegations, and to determine whether it is necessary and appropriate for the protection of investors to suspend or revoke the registration of all securities of Investco.