Posted on: Friday, May 10, 2002

Trading halted on WSF stock

Advertiser Staff and Wire Services

WSF Corp., a Honolulu company developing real estate in Belize, said yesterday that it has been notified that Administrative Law Judge James T. Kelly has ordered the registration of its common stock be revoked because the company has not filed an annual report or quarterly reports since late 2000.

As a result, earlier this year the Securities and Exchange Commission halted trading in the company's stock and commenced an administrative proceeding seeking that the registration of WSF's securities be revoked or suspended for up to 12 months.

The company, which has three employees and an office at the Amfac Center, said the judge's decision is not final. WSF said it has 14 days to file an appeal with the commission and that it is evaluating its options.