SEC Suspends Trading of Airtrax, 4 Others

May 07, 2012 /

The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EDT on May 3, 2012, and terminating at 11:59 p.m. EDT on May 16, 2012:

• Airtrax, Inc. (AITX)
• Amedia Networks, Inc. (AANI)
• American Business Financial Services, Inc. (ABFIQ)
• Appalachian Bancshares, Inc. (APAB)
• Ariel Way, Inc. (AWYI)

The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they have not filed certain periodic reports with the Commission.

This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act). The SEC 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 these companies.

 

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