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What is Pretory USA Inc.?

Why should we be interested in this company?

Whats the current status?

Some History

Pretory USA Inc
"french trans.
Pretory the USA Inc. (Pretory) was creates in Nevada (the USA) as a group in 1997.
At the same time, Pretory S.A based in Paris, France began its activity as S.A.R.L.
supplier of services and safety equipments with personnel strongly entitles.

In 1997, Pretory the USA Inc acquired Pretory SA by an agreement of exchange of shares.

Pretory SA continues to provide services of safety and products derived.
Pretory the USA Inc roughly generated $2,0, $3,5, and $10 million incomes for 1999,
2000, and 2001 respectively. For 2002 the forecasts rise to $15 million.
The listeners of the company are BDO.
The company filled the form 15c-211 and was approved on market NASD
OTCBB in October 1998 pennies symbol " PRTU "; in February 2000 the company
supplemented all the stock exchange documents.
The Company will file all SEC documents required for " current " status in the third quarter of 2003. "

Public Company?

Owns the "Cash Cow"
Pretory SA in France

COMPANY CONFORMED NAME: PRETORY USA INC
CENTRAL INDEX KEY: 0001048693
STANDARD INDUSTRIAL CLASSIFICATION:
IRS NUMBER: 330780055
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231

For many years, the principals (BBRV) Raquel Velasco. Raquel Velasco Buck, and William H. Buck aka/Bill Buck have been operating the french holdings from the USA company.

Pretory USA has been listed on the NASDQ as a public company under the SYMBOL "PRTU"


"Paris, France - November 23, 2002 Thendic-France SARL and bplan GmbH of Frankfurt, Germany have reached an agreement to merge and form a new company. The name of the new Company will be "Genesi". Genesi was incorporated this week under the supervision of PricewaterhouseCoopers
in Luxembourg. Separately, Thendic-France has completed the necessary legal and financial steps to separate itself from Pretory USA Inc. and be acquired by Genesi. Genesi will begin operations from Luxembourg on 1 January 2003. The Pegasos is the new alternative in the PPC computing environment."

"At today's hearing of the Tribunal of Commerce in Paris a judgment was rendered declaring Pretory, S.A. in bankruptcy and appointing a receiver. The process finally will now begin to transfer Thendic-France's assets to Genesi SARL."

Status

Non-Compliance

Yet BBRV & Pretory USA Inc. contiues to act/advertise "like a going concern" it ended 04/26/2000!

NASDQ Indicates that
DL DATE DATE OLD SYMBOL NEW SYMBOL/NAME
03/15/2000 03/17/2000 PRTU** PRTUE Pretory USA Inc

OTC BULLETIN BOARD (OTCBB) SYSTEM CHANGES
SECURITY DELETIONS
DL DATE SYMBOL COMPANY NAME EFFECTIVE DATE/COMMENTS
04/25/2000 PRTUE** Pretory USA Inc 04/26/2000 Failure to comply with NASD Rule 6530