81 FR 116 - In the Matter of USA Graphite, Inc., Order of Suspension of Trading

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 1 (January 4, 2016)

[Federal Register Volume 81, Number 1 (Monday, January 4, 2016)]
[Notices]
[Page 116]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-33138]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of USA Graphite, Inc., Order of Suspension of 
Trading

December 30, 2015.
    It appears to the Securities and Exchange Commission 
(``Commission'') that there is a lack of current and accurate 
information concerning the securities of USA Graphite, Inc. (``USGT 
\1\'') (CIK No. 1355420), a revoked Nevada corporation whose principal 
place of business is listed as Kuala Lumpur, Malaysia because it is 
delinquent in its periodic filings with the Commission, having not 
filed any periodic reports since it filed a Form 10-K for the period 
ended August 31, 2013. On April 22, 2015, the Commission's Division of 
Corporation Finance sent a delinquency letter to USGT at the address 
shown in its then-most recent filing in the Commission's EDGAR system 
requesting compliance with its periodic filing requirements, which USGT 
received on April 25, 2015. To date, USGT has failed to cure its 
delinquencies. As of December 15, 2015, the common stock of USGT was 
quoted on OTC Link operated by OTC Markets Group, Inc. (formerly ``Pink 
Sheets'') had seven market makers and was eligible for the 
``piggyback'' exception of Exchange Act Rule 15c2-11(f)(3).
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    \1\ The short form of the issuer's name is also its ticker 
symbol.
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    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 company. 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 company is suspended for 
the period from 9:30 a.m. EST on December 30, 2015, through 11:59 p.m. 
EST on January 13, 2016.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-33138 Filed 12-30-15; 4:15 pm]
 BILLING CODE 8011-01-P