81 FR 26597 - Order of Suspension of Trading; In the Matter of Pioneer Exploration, Inc., Premier Brands, Inc., and Private Media Group, Inc.

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 85 (May 3, 2016)

Page Range		26597-26598
FR Document		2016-10407

Federal Register, Volume 81 Issue 85 (Tuesday, May 3, 2016)

[Federal Register Volume 81, Number 85 (Tuesday, May 3, 2016)]
[Notices]
[Pages 26597-26598]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-10407]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


 Order of Suspension of Trading; In the Matter of Pioneer 
Exploration, Inc., Premier Brands, Inc., and Private Media Group, Inc.

April 29, 2016.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Pioneer Exploration, Inc. (CIK No. 1364123), a revoked Nevada 
corporation with its principal place of business listed as Newport 
Beach, California, with stock quoted on OTC Link (previously, ``Pink 
Sheets'') operated by OTC Markets Group Inc. (``OTC Link'') under the 
ticker symbol PIEX, because it has not

[[Page 26598]]

filed any periodic reports since the period ended May 31, 2013. On 
August 19, 2015, a delinquency letter was sent by the Division of 
Corporation Finance to Pioneer Exploration requesting compliance with 
its periodic filing obligations, but it 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 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 
Premier Brands, Inc. (CIK No. 1502777), a Wyoming corporation with its 
principal place of business listed as Bonita, California, with stock 
quoted on OTC Link under the ticker symbol BRND, because it has not 
filed any periodic reports since the period ended May 31, 2013. On 
August 19, 2015, a delinquency letter was sent by the Division of 
Corporation Finance to Premier Brands, Inc. requesting compliance with 
its periodic filing obligations, and Premier Brands, Inc. received the 
delinquency letter on August 22, 2015, but failed to cure its 
delinquencies.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Private Media Group, Inc. (CIK No. 1068084), a Nevada corporation with 
its principal place of business listed as Barcelona, Spain, with stock 
quoted on OTC Link under the ticker symbol PRVT, because it has not 
filed any periodic reports since the period ended June 30, 2013. On 
August 18, 2015, a delinquency letter was sent by the Division of 
Corporation Finance to Private Media Group, Inc. requesting compliance 
with its periodic filing obligations, but it 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 EDGAR Filer Manual).
    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 April 29, 2016, through 11:59 p.m. EDT on May 12, 2016.

    By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2016-10407 Filed 4-29-16; 11:15 am]
 BILLING CODE 8011-01-P

26598 Federal Register / Vol. 81, No. 85 / Tuesday, May 3, 2016 / Notices

filed any periodic reports since the By the Commission. of the most significant parts of such
period ended May 31, 2013. On August Brent J. Fields, statements.
19, 2015, a delinquency letter was sent Secretary.
A. Self-Regulatory Organization’s
by the Division of Corporation Finance [FR Doc. 2016–10407 Filed 4–29–16; 11:15 am] Statement of the Purpose of, and the
to Pioneer Exploration requesting BILLING CODE 8011–01–P Statutory Basis for, the Proposed Rule
compliance with its periodic filing
Change
obligations, but it did not receive the
delinquency letter due to its failure to SECURITIES AND EXCHANGE 1. Purpose
maintain a valid address on file with the COMMISSION The Exchange proposes to amend the
Commission as required by Commission definition of ‘‘block’’ for purposes of
[Release No. 34–77734; File No. SR–
rules (Rule 301 of Regulation S–T, 17 NYSEMKT–2016–49] Rule 72(d)—Equities and the size of a
CFR 232.301 and Section 5.4 of EDGAR proposed cross transaction eligible for
Filer Manual). Self-Regulatory Organizations; NYSE the Cross Function in Rule 76—Equities.
It appears to the Securities and MKT LLC; Notice of Filing of Proposed Under Rule 72(d)—Equities, when a
Exchange Commission that there is a Rule Change Amending the Definition member 4 has an order to buy and an
lack of current and accurate information of ‘‘Block’’ for Purposes of Rule order to sell an equivalent amount of the
concerning the securities of Premier 72(d)—Equities and the Size of a same security, and both orders are
Brands, Inc. (CIK No. 1502777), a Proposed Cross Transaction Eligible ‘‘block’’ orders, the member may cross
Wyoming corporation with its principal for the Cross Function in Rule 76— those orders at a price at or within the
place of business listed as Bonita, Equities Exchange best bid or offer and does not
California, with stock quoted on OTC have to break up the cross transaction to
April 27, 2016.
Link under the ticker symbol BRND, trade with any bids or offers previously
Pursuant to Section 19(b)(1) 1 of the
because it has not filed any periodic displayed at the Exchange best bid or
Securities Exchange Act of 1934 (the
reports since the period ended May 31, offer, including any interest with
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
2013. On August 19, 2015, a priority. For purposes of Rule 72(d)—
notice is hereby given that, on April 22,
delinquency letter was sent by the Equities, a ‘‘block’’ is at least 10,000
2016, NYSE MKT LLC (the ‘‘Exchange’’
Division of Corporation Finance to shares or a quantity of stock having a
or ‘‘NYSE MKT’’) filed with the
Premier Brands, Inc. requesting market value of $200,000 or more,
Securities and Exchange Commission
compliance with its periodic filing whichever is less.
(the ‘‘Commission’’) the proposed rule
obligations, and Premier Brands, Inc. Further, Rule 76—Equities governs
change as described in Items I and II,
received the delinquency letter on the execution of ‘‘cross’’ or ‘‘crossing’’
below, which Items have been prepared
August 22, 2015, but failed to cure its orders by Floor Brokers. Rule 76—
by the self-regulatory organization. The
delinquencies. Equities applies only to manual
Commission is publishing this notice to
It appears to the Securities and transactions executed at the point of
solicit comments on the proposed rule
Exchange Commission that there is a sale on the trading floor and provides
change from interested persons.
lack of current and accurate information that when a member has an order to buy
concerning the securities of Private I. Self-Regulatory Organization’s and an order to sell the same security
Media Group, Inc. (CIK No. 1068084), a Statement of the Terms of Substance of that can be crossed at the same price,
Nevada corporation with its principal the Proposed Rule Change the member is required to announce to
place of business listed as Barcelona, The Exchange proposes to amend the the trading crowd the proposed cross by
Spain, with stock quoted on OTC Link definition of ‘‘block’’ for purposes of offering the security at a price that is
under the ticker symbol PRVT, because Rule 72(d)—Equities and the size of a higher than his or her bid by a
it has not filed any periodic reports proposed cross transaction eligible for minimum variation permitted in the
since the period ended June 30, 2013. the Cross Function in Rule 76—Equities. security before crossing the orders. Any
On August 18, 2015, a delinquency The proposed rule change is available other member, including the DMM, can
letter was sent by the Division of on the Exchange’s Web site at break up the announced bid and offer by
Corporation Finance to Private Media www.nyse.com, at the principal office of trading with either side of the proposed
Group, Inc. requesting compliance with the Exchange, and at the Commission’s cross transaction. Supplementary [sic]
its periodic filing obligations, but it did Public Reference Room. .10 to Rule 76—Equities provides for a
not receive the delinquency letter due to ‘‘Cross Function’’ that Floor brokers
II. Self-Regulatory Organization’s may use to monitor compliance with
its failure to maintain a valid address on
Statement of the Purpose of, and Rule 611 of Regulation NMS. To be
file with the Commission as required by
Statutory Basis for, the Proposed Rule eligible for this Cross Function, the
Commission rules (Rule 301 of
Change proposed cross transaction must be for
Regulation S–T, 17 CFR 232.301 and
Section 5.4 of EDGAR Filer Manual). In its filing with the Commission, the at least 10,000 shares or a quantity of
self-regulatory organization included stock having a market value of $200,000
The Commission is of the opinion that or more.
the public interest and the protection of statements concerning the purpose of,
and basis for, the proposed rule change The Exchange proposes to amend the
investors require a suspension of trading permissible size of a crossing
in the securities of the above-listed and discussed any comments it received
transaction permitted under Rule
asabaliauskas on DSK3SPTVN1PROD with NOTICES

companies. on the proposed rule change. The text
of those statements may be examined at 72(d)—Equities and Supplementary
Therefore, it is ordered, pursuant to the places specified in Item IV below. Material .10 to Rule 76—Equities to be
Section 12(k) of the Securities Exchange The Exchange has prepared summaries,
Act of 1934, that trading in the set forth in sections A, B, and C below, 4 The reference to ‘‘member’’ in Rule 72(d)—

securities of the above-listed companies Equities and this rule proposal means only Floor
Broker members. Designated Market Makers
is suspended for the period from 9:30 1 15 U.S.C. 78s(b)(1). (‘‘DMMs’’), while members of the Exchange, do not
a.m. EDT on April 29, 2016, through 2 15 U.S.C. 78a. have any agency relationships, and are therefore not
11:59 p.m. EDT on May 12, 2016. 3 17 CFR 240.19b–4. able to effect this type of transaction.

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Document Created: 2016-05-03 00:30:16
Document Modified: 2016-05-03 00:30:16

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		81 FR 26597