BGI Files For Deregistration Of Its Common Stock.Entertainment Editors/Business Editors AUSTIN, Texas--(BUSINESS WIRE)--Dec. 31, 2003 BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BGII BGII Baldur's Gate II: Shadows of Amn (computer game) ) today announced that it has filed a Form 15 with the U.S. Securities and Exchange Commission terminating the registration of its common stock under the Securities Exchange Act of 1934 (the "Exchange Act") as set forth in Exchange Act rule 12g-4. The Company has weighed the impact of a deregistration deregistration removal of right to practice by local registering body, usually as a disciplinary measure because of professional misconduct, possibly because of inability to perform because of psychiatric problem. of its common stock under the Exchange Act against the limited funds available and likely to be available to the Company in the future and the cost of compliance with SEC regulations and has determined that it would be in the best interest of the Company and its stockholders to conserve the Company's limited financial resources for ongoing business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . The termination of the registration will result in the Company no longer being a reporting company under the Exchange Act. About BGI Inc. BGI Inc. (http://www.bgicorp.com) is a gaming company that designs, distributes and markets sweepstakes-driven gaming products. The Company's primary product -- the Charity Station -- combines entertaining, interactive games with various sweepstakes incentives, and are used by non-profit organizations as a means of fund raising. These products are placed by the Company's charity customers in non-profit venues, social clubs and other non-casino venues. BGI Inc. was founded in 1994 and has offices in Austin, Texas. The Company currently trades on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol BGII. |
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