The Securities and Exchange Commission announced the temporary suspension of trading of the securities of Sun Sports and Entertainment, Inc. (Sun Sports), of Addison, Texas at 9:30 a.m. EDT on Oct. 21, 2009, and terminating at 11:59 p.m. EST on Nov. 3, 2009.
The Commission temporarily suspended trading in the securities of Sun Sports because of questions regarding the accuracy of statements by Sun Sports in press releases and statements to investors concerning, among other things, the company's business prospects and financial viability.
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 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, dealer or other person has any information that may relate to this matter, they should contact Stephen Korotash (korotashs@sec.gov) or Eric R. Werner (wernere@sec.gov), at the Fort Worth Regional Office of the Securities and Exchange Commission at 817-978-3821.
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