The Securities and Exchange Commission today suspended trading in securities of Four Crystal Funding Inc., saying the Weston company had failed to file required reports for more than four years.
According to documents filed by the SEC, Four Crystal Funding has not filed any periodic reports since its predecessor, Pro Tech Communications, Inc., filed a Form 10-Q for the period ended June 30, 2006. That report showed a net loss of $1,940,433 for the prior three months.
Four Crystal Funding’s securities are quoted on the Pink Sheets under the symbol FCRS. Its shares have been trading for under 5 cents, half its 52-week high. Its primary business is the development of audio headsets for use in customer contact centers and fast-food restaurants.
The SEC halted trading as of 9:30 a.m. today through Aug. 27. It also ordered a public administrative hearing on the matter. No date has been set for that hearing.
