NOTIFICATION OF THE REMOVAL FROM LISTING AND
REGISTRATION OF THE STATED SECURITIES

NYSE Amex hereby notifies
the SEC of its intention to remove
the entire class of the stated securities
from listing and registration on the
Exchange at the opening of business on
February 1, 2010, pursuant to the provisions
of Rule 12d2-2 (a) 17CFR240.12d2-2(a)(3)

The removal of Sapphire Industrials Corp.,
Warrants is being effected because the
Exchange knows or is reliably informed
that on January 20, 2010 the instruments
representing the securities comprising the
entire class of this security came to
evidence, by operation of law or otherwise,
other securities in substitution therefore
and represent no other right except, if
such be the fact, the right to receive an
immediate cash payment.

The security was suspended by the
Exchange on January 20, 2010.