Show Stock Sales Notice Issued by Commission The United Prosperity Plan Inc was notified Wednesday by A Ezra Gull director of or the state securities commission that it is 15 Illegal megal to issue securities while an application application application tion for registration is still pend pend- pending pending pending ing It has been brought to the attention at- at at attention f of the state securities commission com com- commission com commission mission Mr Gull said In a letter to the plan that since the filing I letterI of your application for registration of your prosperity bonds you ou have continued to Issue sell advertise and distribute your bonds as though I registration had been granted I If such Is the tl fact tact you will wUl please take notice hereby that the law of this state does not permit the Issuance sale Advertisement or ort orI t I distribution of a security pending application for registration there there- thereof thereof of or with the state securities com com- commission commission com commission mission In fact the law specifically ly Iy prohibits such action and pre pre- prescribes prescribes pre prescribes scribes penalties for tor violation there there- thereof thereof thereof of The further consideration of your our application Is pending the re- re receipt re receipt of the report of your certified certified certified fied public ac accountant In accord accord- accordance accordance accordance ance with our previous understand understand- understanding understanding ing Further explanation of the situ situ- situation situation situ situation I Is contained in a statement issued by Mr Gull at the time the letter was sent to the plan Trib plan Trib Trib- Trib lune une |