1 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 POST-EFFECTIVE AMENDMENT NO. 1 TO FORM SB-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ............................................................................... ACTIVE ANKLE SYSTEMS, INC. (Name of small business issuer in its charter) Kentucky 3842 61-1163669 - ------------------------------ --------------------------- ---------------------- (State or Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classification Code Number) Identification Number) ............................................................................... 509 Barret Avenue Louisville, Kentucky 40204 (502) 582-2655 (Address and telephone number of Registrant's principal executive offices and place of business) ............................................................................... Diane K. Lilly 509 Barret Avenue Louisville, Kentucky 40204 (502) 582-2655 (Name, address and telephone number of agent for service) Please send copies of communications to: James N. Williams, Esq. Middleton & Reutlinger 2500 Brown & Williamson Tower Louisville, Kentucky 40202 (502) 584-1135 1 2 DEREGISTRATION OF SECURITIES -------------------------------------------------------------- Active Ankle Systems, Inc. (the "Registrant") previously filed Registration Statement No. 333-29291 on Form SB-1 (the "Registration Statement") covering up to 100,000 shares (the "Shares") of the Registrant's common stock, without par value, to be offered and sold by certain of the Registrant's officers and directors. Pursuant to the undertaking contained in the Registration Statement, the Registrant hereby files this Post-Effective Amendment No. 1 to the Registration Statement to remove from registration any and all of the Shares which remain unsold at the date of the filing of this Post-Effective Amendment No. 1 to the Registration Statement. None of the Shares were sold by the Registrant and subsequent to the filing of this Post-Effective Amendment No. 1 the Registrant shall have no registered Shares. SIGNATURES --------------------------- Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form SB-1 and has duly caused this Post-Effective Amendment No. 1 to Registration Statement No. 333-29291 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Louisville, and Commonwealth of Kentucky, on this 24th day of September, 1998. ACTIVE ANKLE SYSTEMS, INC. By: /s/ Ronald W. Schultz, CFO ---------------------------------------- Ronald W. Schultz, Treasurer and CFO Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 1 to Registration Statement No. 333-29291 has been signed this 24th day of September, 1998 by the following persons, representing a majority of the Registrant's Board of Directors: /s/ James T. Crane, Jr. /s/ Henry H. Porter, Jr. - ----------------------------- ------------------------------- Date: September 24, 1998 Date: September 24, 1998 ----------------------- ------------------------- /s/ John C. Nichols, II /s/ Gary G. Herzberg - ----------------------------- ------------------------------ Date: September 24, 1998 Date: September 24, 1998 ----------------------- ------------------------- 2