Friday, April 19, 2013

Another warning from SEC

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No.
69411 / April 19, 2013
SEC SUSPENDS TRADING IN SECURITIES OF UC HUB GROUP, INC.
The Securities and Exchange Commission (“Commission”)
ann
ounced the temporary
suspension, pursuant to Section 12(k) of the Securi
ties Exchange Act of 1934 (the
“Exchange Act”
), of trading in the securities of
UC Hub Group
, Inc. (“
UC Hub
”)
,
of
West Hollywood
, CA
commencing
at 9:30 a.m.
EST
o
n
April 19
, 201
3
, and
terminating
at 11:59 p.m.
ED
T
on
May 2
, 201
3
.
The Commission temporarily suspended trading in the securities of
UC Hub
because of
questions that have been raised about the
accuracy and
adequacy of publicly
available
information
about
UC Hub
because it ha
s not filed a
periodic report since filing its
Form
10
-
Q
for the period ending April 30, 2010, filed
on
June 14, 2010
.
The Commission cautions broker
s
,
dealers, shareholders, and prospective purchasers that
they should carefully consider the foregoing i
nformation along with all other currently
available information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2
-
11
under the Exchange Act, at the termination of
the trading suspension, no quotation may
be entered unless and until they have strictly complied with all of the provisions of the
rule. If any broker or dealer has any questions as to whether or not he has complied with
the rule, he should not enter any q
uotation but immediately contact the staff in the
Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551
-
5777.
If any broker or dealer is uncertain as to what is required by Rule 15c2
-
11, he
should refrain from entering quota
tions relating to
UC Hub
’s
securities until such time as
he has familiarized himself with the rule and is certain that all of its provisions have been
met. If any broker or dealer enters any quotation which is in violation of the rule, the
Commission will
consider the need for prompt enforcement action.
Any broker, dealer or other person who has any information which may relate to this
mat
ter should conta
ct
Chedly C
.
Dumornay, A
ssistant Regional Director
,
Miami
Regional
Office of the Securities and Exchan
ge Commission
at (305
-
982
-
6377).

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