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
November 14, 2011, pursuant to the provisions
of Rule 12d2-2 (a) 17CFR240.12d2-2(a)(3)

The removal of PHC, Inc., Class A Common Stock
is being effected because the Exchange knows
or is reliably informed that on
November 1, 2011 all rights pertaining to the
entire class of this security were
extinguished.

The security was suspended by the
Exchange on November 1, 2011.