· |
should
the Securities and Exchange Commission (the “Commission”) or the staff of
the Commission (the “staff”), acting pursuant to delegated authority,
declare the filing effective, it does not foreclose the Commission
from
taking any action with respect to the
filing;
|
· |
the
action of the Commission or the staff, acting pursuant to delegated
authority, in declaring the filing effective, does not relieve the
Company
from its full responsibility for the adequacy and accuracy of the
disclosure in the filing; and
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· |
the
Company may not assert the declaration of effectiveness as a defense
in
any proceeding initiated by the Commission or any person under the
federal
securities laws of the United
States.
|
Very
truly yours,
PACIFIC
ETHANOL, INC.
/s/
CHRISTOPHER W.
WRIGHT
Christopher
W. Wright
Vice
President & General
Counsel
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