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Notice

Issuer Delisting; Notice of Application of microHelix, Inc., To Withdraw Its Common Stock, No Par Value, and Class B Warrants (To Purchase One Share of Common Stock), From Listing and Registration on the Boston Stock Exchange, Inc., File No. 1-16781

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Information about this document as published in the Federal Register.

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Start Preamble January 6, 2005.

On December 10, 2004, microHelix, Inc., an Oregon corporation (“Issuer”), filed an application with the Securities and Exchange Commission (“Commission”), pursuant to section 12(d) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 12d2-2(d) thereunder,[2] to withdraw its common stock, no par value, and class B warrants (to purchase one share of common stock) (collectively “Securities”), from listing and registration on the Boston Stock Exchange, Inc., (“BSE”).

On September 16, 2004, the Board of Directors (“Board”) of the Issuer approved a resolution to withdraw the Issuer's Securities from listing and registration on the BSE. The Issuer states that the following reasons factored into the Board's decision to withdraw the Securities: (i) The nature and extent of trading in the Issuer's Securities on the BSE is limited; (ii) the market value the public markets are applying to the Issuer's Securities; (iii) the lack of institutional investor interest and securities analyst coverage of the Issuer; and (iv) the costs associated with maintaining a listing on the BSE. The Issuer states that the Securities currently trade on the OTC Bulletin Board.

The Issuer states in its application that it has complied with BSE procedures for delisting by complying with all applicable laws in effect in the State of Oregon, the state in which it is incorporated. The Issuer's application relates solely to withdrawal of the Securities from listing on the BSE and from registration under section 12(b) of the Act,[3] and shall not affect its obligation to be registered under section 12(g) of the Act.[4]

Any interested person may, on or before February 2, 2005, comment on the facts bearing upon whether the application has been made in accordance with the rules of the BSE, and what terms, if any, should be imposed by the Commission for the protection of investors. All comment letters may be submitted by either of the following methods: Start Printed Page 2191

Electronic Comments

  • Send an e-mail to rule-comments@sec.gov. Please include the File Number 1-16781 or; Paper Comments:
  • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 Fifth Street, NW., Washington, DC 20549-0609.

All submissions should refer to File Number 1-16781. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's Internet Web site (http://www.sec.gov/​rules/​delist.shtml). Comments are also available for public inspection and copying in the Commission's Public Reference Room, 450 Fifth Street, NW., Washington, DC 20549. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly.

The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter.

Start Signature

For the Commission, by the Division of Market Regulation, pursuant to delegated authority.[5]

Jonathan G. Katz,

Secretary.

End Signature End Preamble

Footnotes

[FR Doc. E5-73 Filed 1-11-05; 8:45 am]

BILLING CODE 8010-01-P