BREAKING: SEC Suspends Trade on 35 Pink Sheet Companies
Posted on Thursday, March 08 @ 08:33:56 CST
MN1 Staff Report
The SEC announced about 15 minutes before market open Thursday that it was suspending trade on 35 companies trading on the Pink Sheets, citing rules in Section 12(k) of the Securities Exchange Act of 1934.
Trade will be suspended beginning 9:30 a.m. today and will remain suspended until midnight March 21.
“The Commission ordered these trading suspensions because of questions that have arisen regarding the adequacy and accuracy of publicly disseminated information concerning among other things: (1) the companies’ assets, (2) the companies’ business operations, (3) the companies’ current financial condition, and/or (4) financing arrangements involving the issuance of the companies’ shares,” the SEC said.
The companies suspended are as follows:
Advanced Powerline Technologies Inc. (APWL)
America Asia Petroleum Corp. (AAPM)
Amerossi Int’l Group, Inc. (AMSN)
Apparel Manufacturing Associates, Inc. (APPM)
Asgard Holdings Inc. (AGHG)
Biogenerics Ltd. (BIGN)
China Gold Corp. (CGDC)
CTR Investments & Consulting, Inc. (CIVX)
DC Brands International, Inc. (DCBI)
Equal Trading, Inc. (EQTD)
Equitable Mining Corp. (EQBM)
Espion International, Inc. (EPLJ)
Goldmark Industries, Inc. (GDKI)
GroFeed Inc. (GFDI)
Healtheuniverse, Inc. (HLUN)
Interlink Global Corp. (ILKG)
Investigative Services Agencies, Inc. (IVAY)
iPackets International, Inc. (IPKL)
Koko Petroleum Inc. (KKPT)
Leatt Corporation (LEAT)
LOM Logistics, Inc. (LOMJ)
Modern Energy Corp. (MODR)
National Healthcare Logistics, Inc. (NHLG)
Presidents Financial Corp. (PZFC)
Red Truck Entertainment Inc. (RTRK)
Relay Capital Corp. (RLYC)
Rodedawg International Industries, Inc. (RWGI)
Rouchon Industries, Inc. (RCHN)
Software Effective Solutions Corp. (SFWJ)
Solucorp Industries Ltd. (SLUP)
Sports-stuff.com Inc. (SSUF)
UBA Technology, Inc. (UBTG)
Wataire Industries Inc. (WTAF)
WayPoint Biomedical Holdings, Inc. (WYPH)
Wineco Productions Inc. (WNCP)
It appears to the Securities and Exchange Commission that there is a lack of current and
accurate information concerning the securities of the issuers listed below. As set forth below for
each issuer, questions have arisen regarding the adequacy and accuracy of publicly disseminated
information concerning, among other things: (1) the companies’ assets, (2) the companies’
business operations, (3) the companies’ current financial condition, and/or (4) financing
arrangements involving the issuance of the companies’ shares.
1. Advanced Powerline Technologies Inc. is a Nevada company based in
Oklahoma. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations and performance.
2. America Asia Petroleum Corp. is a Nevada company with offices in Nevada
and China. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s assets and operations.
3. Amerossi Int’l Group, Inc., is a Wyoming company with offices in Bangkok,
Thailand. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s assets.
4. Apparel Manufacturing Associates, Inc., is a Delaware company with offices in
Bloomfield, Connecticut. Questions have arisen regarding the adequacy and
accuracy of press releases concerning the company’s management and operations.
5. Asgard Holdings Inc. is a Nevada company based in California. Questions have
arisen regarding the adequacy and accuracy of press releases concerning the
company’s operations and concerning stock promoting activity by the company.
6. Biogenerics Ltd. is a Nevada company with offices in Texas. Questions have
arisen regarding the adequacy and accuracy of press releases concerning the
company’s operations and assets.
7. China Gold Corp. is a Nevada company with offices in China. Questions have
arisen regarding the adequacy and accuracy of press releases concerning the
company’s operations and assets.
8. CTR Investments & Consulting, Inc., is a Nevada company based in Maryland.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s operations.
9. DC Brands International, Inc., is a company incorporated and based in
Colorado. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations.
10. Equal Trading, Inc., is a Nevada company with offices in Illinois. Questions
have arisen regarding the adequacy and accuracy of press releases concerning the
company’s operations and financial condition.
3
11. Equitable Mining Corp. is a Wyoming company with offices in Toronto,
Ontario. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s assets.
12. Espion International, Inc., is a Nevada company based in California. Questions
have arisen regarding the adequacy and accuracy of press releases concerning the
company’s operations and financing arrangements.
13. Goldmark Industries, Inc., is a Nevada company based in Vancouver, British
Columbia, Canada. Questions have arisen regarding the adequacy and accuracy
of press releases concerning the company’s operations and financing
arrangements and the adequacy of publicly available information concerning the
company’s management.
14. GroFeed Inc. is a Nevada company with offices in Toronto, Ontario, Canada.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s operations and assets.
15. Healtheuniverse, Inc., is a company incorporated and based in California.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s operations and concerning stock promoting activity.
16. Interlink Global Corp. is a company incorporated and based in Florida.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s operations and concerning stock promoting activity by
the company.
17. Investigative Services Agencies, Inc., is a company incorporated and based in
Illinois. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations and financial performance.
18. iPackets International, Inc., is a Nevada company with offices in Vancouver,
British Columbia, Canada. Questions have arisen regarding the adequacy and
accuracy of press releases concerning the company’s operations and assets.
19. Koko Petroleum Inc. is a Nevada company with offices in British Columbia,
Canada. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s assets.
20. Leatt Corporation is a Nevada company with offices in Las Vegas, Nevada.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s assets and operations.
21. LOM Logistics, Inc., is a Louisiana company. Questions have arisen regarding
the adequacy and accuracy of press releases concerning the company’s
operations.
4
22. Modern Energy Corp. is a Wyoming company with offices in California.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s operations and financial condition.
23. National Healthcare Logistics, Inc., is a Nevada company with offices in
Tennessee. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations.
24. Presidents Financial Corp. is a Nevada company with offices in Vancouver,
British Columbia, Canada. Questions have arisen regarding the adequacy and
accuracy of press releases concerning the company’s management and operations.
25. Red Truck Entertainment Inc. is a Nevada company with offices in Scottsdale,
Arizona. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations and financial performance and the
adequacy of publicly available information concerning the company’s stock
issuances.
26. Relay Capital Corp. is a Nevada company with offices in Scottsdale, Arizona.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s operations.
27. Rodedawg International Industries, Inc., is a Nevada company with offices in
California. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations.
28. Rouchon Industries, Inc., is a company incorporated and based in California.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s financing arrangements and financial performance.
29. Software Effective Solutions Corp. is a Louisiana company located in the
Philippines. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations.
30. Solucorp Industries Ltd. is a Canadian company with offices in Florida.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s financial performance and the adequacy of publicly
available information concerning insider stock holdings and transactions.
31. Sports-stuff.com Inc. is a Nevada company. Questions have arisen regarding the
adequacy and accuracy of press releases concerning the company’s operations.
32. UBA Technology, Inc., is a Nevada company. Questions have arisen regarding
the adequacy and accuracy of press releases concerning the company’s
operations.
5
33. Wataire Industries Inc. is a Nevada company with offices in Surrey, British
Columbia, Canada. Questions have arisen regarding the adequacy and accuracy
of press releases concerning the company’s operations and assets.
34. WayPoint Biomedical Holdings, Inc., is a Nevada company with offices in
California. Questions have arisen regarding the adequacy and accuracy of press
releases concerning the company’s operations and financing arrangements.
35. Wineco Productions Inc. is a Nevada company with offices in Florida.
Questions have arisen regarding the adequacy and accuracy of press releases
concerning the company’s operations.
The Commission is of the opinion that the public interest and the protection of investors
require a suspension of trading in the securities of the companies listed above.
Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of
1934, that trading in the companies listed above is suspended for the period from 9:30 a.m. EST,
March 8, 2007, through 11:59 p.m. EDT, on March 21, 2007.
By the Commission.
Nancy M. Morris
Secretary
