80 FR 39810 - In the Matter of International Hi-Tech Industries Inc., Mark One Global Industries, Inc., Nortel Networks Corporation, and Silverado Gold Mines Ltd.; Order of Suspension of Trading

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 132 (July 10, 2015)

[Federal Register Volume 80, Number 132 (Friday, July 10, 2015)]
[Notices]
[Pages 39810-39811]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-17015]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of International Hi-Tech Industries Inc., Mark One 
Global Industries, Inc., Nortel Networks Corporation, and Silverado 
Gold Mines Ltd.; Order of Suspension of Trading

July 8, 2015.
    It appears to the Securities and Exchange Commission that there is 
a

[[Page 39811]]

lack of current and accurate information concerning the securities of 
International Hi-Tech Industries Inc. (CIK No. 921887) (``IHITF'' \1\), 
a Canadian corporation with its principal place of business in 
Vancouver, British Columbia, Canada, with stock quoted on OTC Link 
(previously, ``Pink Sheets'') operated by OTC Markets Group Inc. (``OTC 
Link'') because it has not filed any periodic reports since the period 
ended December 31, 2005. On June 28, 2013, the Division of Corporation 
Finance (``Corporation Finance'') sent a delinquency letter to IHITF 
requesting compliance with its periodic reporting obligations at the 
address shown in its then-most recent filing with the Commission, but 
IHITF did not receive the delinquency letter due to its failure to 
maintain a valid address on file with the Commission as required by 
Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and 
Section 5.4 of the EDGAR Filer Manual).
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    \1\ The short form of each issuer's name is also its ticker 
symbol.
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    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Mark One Global Industries, Inc. (CIK No. 1000791) (``MKGLF''), a 
British Columbia corporation with its principal place of business in 
Olathe, Kansas, with stock quoted on OTC Link, because it has not filed 
any periodic reports since the period ended December 31, 2009. On April 
29, 2013, Corporation Finance sent a delinquency letter to MKGLF 
requesting compliance with its periodic reporting obligations at the 
address shown in its then-most recent filing with the Commission, but 
MKGLF did not receive the delinquency letter due to its failure to 
maintain a valid address on file with the Commission as required by 
Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and 
Section 5.4 of the EDGAR Filer Manual).
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Nortel Networks Corporation (CIK No. 72911) (``NRTLQ''), a Canadian 
corporation with its principal place of business in Mississauga, 
Ontario, Canada, with stock quoted on OTC Link, because it has not 
filed any periodic reports since the period ended June 30, 2012. On 
October 17, 2014, Corporation Finance sent a delinquency letter to 
NRTLQ requesting compliance with its periodic reporting obligations at 
the address shown in its then-most recent filing with the Commission 
which was delivered.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Silverado Gold Mines Ltd. (CIK No. 731727) (``SLGLF''), a defaulted 
British Columbia corporation with its principal place of business in 
Surrey, British Columbia, Canada, with stock quoted on OTC Link, 
because it has not filed any periodic reports since the period ended 
August 31, 2011. On September 13, 2013, Corporation Finance sent a 
delinquency letter to SLGLF requesting compliance with its periodic 
reporting obligations at the address shown in its then-most recent 
filing with the Commission which was delivered.
    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 above-listed companies. Therefore, it is ordered, 
pursuant to Section 12(k) of the Securities Exchange Act of 1934, that 
trading in the securities of the above-listed companies is suspended 
for the period from 9:30 a.m. EDT on July 8, 2015, through 11:59 p.m. 
EDT on July 21, 2015.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-17015 Filed 7-8-15; 11:15 am]
 BILLING CODE 8011-01-P