81 FR 39740 - In the Matter of Advanced Life Sciences Holdings, Inc., Anoteros, Inc., Emperial Americas, Inc., Nord Resources Corporation, and UNR Holdings, Inc.; Order of Suspension of Trading
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 117 (June 17, 2016)
Federal Register Volume 81, Issue 117 (June 17, 2016)
| Page Range | 39740-39741 | |
| FR Document | 2016-14475 |
[Federal Register Volume 81, Number 117 (Friday, June 17, 2016)] [Notices] [Pages 39740-39741] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-14475] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] In the Matter of Advanced Life Sciences Holdings, Inc., Anoteros, Inc., Emperial Americas, Inc., Nord Resources Corporation, and UNR Holdings, Inc.; Order of Suspension of Trading June 15, 2016. It appears to the Securities and Exchange Commission (``Commission'') that there is a lack of current and accurate information concerning the securities of Advanced Life Sciences Holdings, Inc. (``ADLS \1\'') (CIK No. 1322734), a void Delaware corporation located in Woodridge, Illinois with a class of securities registered with the Commission pursuant to Securities Exchange Act of 1934 (``Exchange Act'') Section 12(g) 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 December 31, 2010. On March 3, 2014, the Commission's Division of Corporation Finance (``Corporation Finance'') sent a delinquency letter to ADLS requesting compliance with its periodic filing requirements but ADLS 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) (``Commission Issuer Address Rules''). As of June 8, 2016, the common stock of ADLS was quoted on OTC Link operated by OTC Markets Group Inc. (formerly ``Pink Sheets'') (``OTC Link''), had six market makers, and was eligible for the ``piggyback'' exception of Exchange Act Rule 15c2-11(f)(3). --------------------------------------------------------------------------- \1\ The short form of each issuer's name is also its stock symbol. --------------------------------------------------------------------------- It appears to the Commission that there is a lack of current and accurate information concerning the securities of Anoteros, Inc. (``ANOS'') (CIK No. 1390292), a revoked Nevada corporation located in Rolling Hills, California with a class of securities registered with the Commission pursuant to Exchange Act [[Page 39741]] Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 2014. On December 2, 2015, Corporation Finance sent a delinquency letter to ANOS requesting compliance with its periodic filing requirements but ANOS did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission Issuer Address Rules. As of June 8, 2016, the common stock of ANOS was quoted on OTC Link, had five market makers, and was eligible for the ``piggyback'' exception of Exchange Act Rule 15c2-11(f)(3). It appears to the Commission that there is a lack of current and accurate information concerning the securities of Emperial Americas, Inc. (``TEXX'') (CIK No. 1424718), a dissolved Florida corporation located in Sarasota, Florida with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended June 30, 2012. On January 28, 2016, Corporation Finance sent a delinquency letter to TEXX requesting compliance with its periodic filing requirements but TEXX did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission Issuer Address Rules. As of June 8, 2016, the common stock of TEXX was quoted on OTC Link, had six market makers, and was eligible for the ``piggyback'' exception of Exchange Act Rule 15c2- 11(f)(3). It appears to the Commission that there is a lack of current and accurate information concerning the securities of Nord Resources Corporation (``NRDSQ'') (CIK No. 72316), a void Delaware corporation located in Tucson, Arizona with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 2013. On September 30, 2015, Corporation Finance sent a delinquency letter to NRDSQ requesting compliance with its periodic filing requirements which was delivered. As of June 8, 2016, the common stock of NRDSQ was quoted on OTC Link, had six market makers, and was eligible for the ``piggyback'' exception of Exchange Act Rule 15c2-11(f)(3). It appears to the Commission that there is a lack of current and accurate information concerning the securities of UNR Holdings, Inc. (``UNRH'') (CIK No. 1093800), a delinquent Colorado corporation located in New York, New York with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 2012. On March 25, 2015, Corporation Finance sent a delinquency letter to UNRH requesting compliance with its periodic filing requirements which was delivered. As of June 8, 2016, the common stock of UNRH was quoted on OTC Link, had four market makers, and was eligible for the ``piggyback'' exception of Exchange Act Rule 15c2- 11(f)(3). 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 June 15, 2016, through 11:59 p.m. EDT on June 28, 2016. By the Commission. Jill M. Peterson, Secretary. [FR Doc. 2016-14475 Filed 6-15-16; 4:15 pm] BILLING CODE 8011-01-P
![39740 Federal Register / Vol. 81, No. 117 / Friday, June 17, 2016 / Notices
increased cost resulting from a smaller summarily may temporarily suspend For the Commission, by the Division of
subscriber base. such rule change if it appears to the Trading and Markets, pursuant to delegated
The proposed fees realign the balance Commission that such action is authority.7
of the costs discussed above to the fees necessary or appropriate in the public Robert W. Errett,
received for the service so that it is interest, for the protection of investors, Deputy Secretary.
similar to the ratio at the time of the last or otherwise in furtherance of the [FR Doc. 2016–14313 Filed 6–16–16; 8:45 am]
fee increase. Nasdaq notes that it purposes of the Act. BILLING CODE 8011–01–P
operates in a highly competitive market
in which market participants can IV. Solicitation of Comments
readily favor competing venues if they Interested persons are invited to SECURITIES AND EXCHANGE
deem fee levels at a particular venue to submit written data, views, and COMMISSION
be excessive. Use of VTE terminals is arguments concerning the foregoing,
[File No. 500–1]
entirely optional and members can avail including whether the proposed rule
themselves of numerous other means of change is consistent with the Act. In the Matter of Advanced Life
accessing The Nasdaq Market Center. Comments may be submitted by any of Sciences Holdings, Inc., Anoteros, Inc.,
Members are not obligated to subscribe the following methods: Emperial Americas, Inc., Nord
to VTE terminals and may cancel an Electronic Comments Resources Corporation, and UNR
existing subscription at any time, with Holdings, Inc.; Order of Suspension of
the obligation to pay only for full the • Use the Commission’s Internet
comment form (http://www.sec.gov/ Trading
monthly fee for the month canceled. As
noted above, Nasdaq plans to ultimately rules/sro.shtml); or June 15, 2016.
• Send an email to rule-comments@ It appears to the Securities and
phase out the service in 2017 in light of
sec.gov. Please include File Number SR– Exchange Commission (‘‘Commission’’)
declining subscribership, the age of the
NASDAQ–2016–078 on the subject line. that there is a lack of current and
technology, and because members have
other options for connecting to, and Paper Comments accurate information concerning the
entering orders in, The Nasdaq Market securities of Advanced Life Sciences
• Send paper comments in triplicate
Center. As such, the Exchange believes Holdings, Inc. (‘‘ADLS 1’’) (CIK No.
to Secretary, Securities and Exchange
that the proposed fees are reasonable. 1322734), a void Delaware corporation
Commission, 100 F Street NE.,
located in Woodridge, Illinois with a
B. Self-Regulatory Organization’s Washington, DC 20549–1090.
class of securities registered with the
Statement on Burden on Competition All submissions should refer to File Commission pursuant to Securities
Nasdaq does not believe that the Number SR–NASDAQ–2016–078. This Exchange Act of 1934 (‘‘Exchange Act’’)
proposed rule change will result in any file number should be included on the Section 12(g) because it is delinquent in
burden on competition that is not subject line if email is used. To help the its periodic filings with the
necessary or appropriate in furtherance Commission process and review your Commission, having not filed any
of the purposes of the Act, as amended. comments more efficiently, please use periodic reports since it filed a Form
The proposed fees merely allow Nasdaq only one method. The Commission will 10–K for the period ended December 31,
to recapture the increasing platform, post all comments on the Commission’s 2010. On March 3, 2014, the
overhead and technology infrastructure Internet Web site (http://www.sec.gov/ Commission’s Division of Corporation
costs it incurs in support of the service, rules/sro.shtml). Copies of the Finance (‘‘Corporation Finance’’) sent a
which are magnified on a per submission, all subsequent delinquency letter to ADLS requesting
subscription basis given a declining amendments, all written statements compliance with its periodic filing
subscriber base. The fees are applied with respect to the proposed rule requirements but ADLS did not receive
uniformly among subscribing member change that are filed with the the delinquency letter due to its failure
firms, which are not compelled to Commission, and all written to maintain a valid address on file with
subscribe to the service and may access communications relating to the the Commission as required by
the information provided through other proposed rule change between the Commission rules (Rule 301 of
means. For these reasons, any burden Commission and any person, other than Regulation S–T, 17 CFR 232.301 and
arising from the fees is necessary in the those that may be withheld from the Section 5.4 of EDGAR Filer Manual)
interest of promoting the equitable public in accordance with the (‘‘Commission Issuer Address Rules’’).
allocation of a reasonable fee. provisions of 5 U.S.C. 552, will be As of June 8, 2016, the common stock
available for Web site viewing and of ADLS was quoted on OTC Link
C. Self-Regulatory Organization’s printing in the Commission’s Public operated by OTC Markets Group Inc.
Statement on Comments on the Reference Room, 100 F Street NE., (formerly ‘‘Pink Sheets’’) (‘‘OTC Link’’),
Proposed Rule Change Received From Washington, DC 20549 on official had six market makers, and was eligible
Members, Participants, or Others business days between the hours of for the ‘‘piggyback’’ exception of
Written comments were neither 10:00 a.m. and 3:00 p.m. Copies of such Exchange Act Rule 15c2–11(f)(3).
solicited nor received. filing also will be available for It appears to the Commission that
inspection and copying at the principal there is a lack of current and accurate
III. Date of Effectiveness of the office of the Exchange. All comments
Proposed Rule Change and Timing for information concerning the securities of
received will be posted without change; Anoteros, Inc. (‘‘ANOS’’) (CIK No.
Commission Action the Commission does not edit personal
sradovich on DSK3TPTVN1PROD with NOTICES
1390292), a revoked Nevada corporation
The foregoing change has become identifying information from located in Rolling Hills, California with
effective pursuant to Section submissions. You should submit only a class of securities registered with the
19(b)(3)(A)(ii) of the Act.6 At any time information that you wish to make Commission pursuant to Exchange Act
within 60 days of the filing of the available publicly. All submissions
proposed rule change, the Commission should refer to File Number SR– 7 17 CFR 200.30–3(a)(12).
NASDAQ–2016–078, and should be 1 The short form of each issuer’s name is also its
6 15 U.S.C. 78s(b)(3)(A)(ii). submitted on or before July 8, 2016. stock symbol.
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![Federal Register / Vol. 81, No. 117 / Friday, June 17, 2016 / Notices 39741
Section 12(g) because it is delinquent in It appears to the Commission that allow filers to embed XBRL data directly
its periodic filings with the there is a lack of current and accurate into a HyperText Markup Language
Commission, having not filed any information concerning the securities of (HTML) document through a format
periodic reports since it filed a Form UNR Holdings, Inc. (‘‘UNRH’’) (CIK No. known as Inline XBRL. The technology
10–Q for the period ended September 1093800), a delinquent Colorado is freely licensed and made available by
30, 2014. On December 2, 2015, corporation located in New York, New XBRL International,1 and it is currently
Corporation Finance sent a delinquency York with a class of securities registered used by companies in other
letter to ANOS requesting compliance with the Commission pursuant to jurisdictions for a variety of regulatory
with its periodic filing requirements but Exchange Act Section 12(g) because it is purposes.2
ANOS did not receive the delinquency delinquent in its periodic filings with We believe that filing financial
letter due to its failure to maintain a the Commission, having not filed any statements with Inline XBRL has the
valid address on file with the periodic reports since it filed a Form potential to provide a number of
Commission as required by Commission 10–Q for the period ended September benefits to filers and users of the
Issuer Address Rules. As of June 8, 30, 2012. On March 25, 2015, information. For example, Inline XBRL
2016, the common stock of ANOS was Corporation Finance sent a delinquency could decrease filing preparation costs,
quoted on OTC Link, had five market letter to UNRH requesting compliance improve the quality of structured data,
makers, and was eligible for the with its periodic filing requirements and by improving data quality, increase
‘‘piggyback’’ exception of Exchange Act which was delivered. As of June 8, the use of XBRL data by investors and
Rule 15c2–11(f)(3). 2016, the common stock of UNRH was other market participants.
It appears to the Commission that quoted on OTC Link, had four market Consequently, as a means of further
there is a lack of current and accurate makers, and was eligible for the assessing the usefulness of Inline XBRL,
information concerning the securities of ‘‘piggyback’’ exception of Exchange Act we are exercising our authority under
Emperial Americas, Inc. (‘‘TEXX’’) (CIK Rule 15c2–11(f)(3). Section 36(a) of the Securities Exchange
No. 1424718), a dissolved Florida The Commission is of the opinion that Act of 1934 (Exchange Act) to permit,
corporation located in Sarasota, Florida the public interest and the protection of but not require, operating companies to
with a class of securities registered with investors require a suspension of trading use Inline XBRL in their periodic and
the Commission pursuant to Exchange in the securities of the above-listed current reports under the Exchange Act
Act Section 12(g) because it is companies. Therefore, it is ordered, through March 2020. Additionally,
delinquent in its periodic filings with pursuant to Section 12(k) of the permitting companies to use Inline
the Commission, having not filed any Securities Exchange Act of 1934, that XBRL on a voluntary, time-limited basis
periodic reports since it filed a Form trading in the securities of the above- could facilitate the development of
10–Q for the period ended June 30, listed companies is suspended for the Inline XBRL preparation and analysis
2012. On January 28, 2016, Corporation period from 9:30 a.m. EDT on June 15, tools, provide investors and companies
Finance sent a delinquency letter to 2016, through 11:59 p.m. EDT on June with the opportunity to evaluate its
TEXX requesting compliance with its 28, 2016. usefulness, and help inform any future
periodic filing requirements but TEXX By the Commission.
Commission rulemaking in this area.
did not receive the delinquency letter Jill M. Peterson, II. Discussion
due to its failure to maintain a valid Secretary. Information is ‘‘structured’’ when it is
address on file with the Commission as
[FR Doc. 2016–14475 Filed 6–15–16; 4:15 pm] made machine-readable by labeling (or
required by Commission Issuer Address
BILLING CODE 8011–01–P ‘‘tagging’’) the information using a
Rules. As of June 8, 2016, the common
markup language, such as XBRL, that
stock of TEXX was quoted on OTC Link,
can be processed by software for
had six market makers, and was eligible SECURITIES AND EXCHANGE analysis. Structured information can be
for the ‘‘piggyback’’ exception of COMMISSION stored, shared, and presented in
Exchange Act Rule 15c2–11(f)(3).
[Release No. 34–78041] different systems or platforms.
It appears to the Commission that Companies currently use information
there is a lack of current and accurate systems that accommodate and rely
Order Granting Limited and
information concerning the securities of upon structured information.
Conditional Exemption Under Section
Nord Resources Corporation (‘‘NRDSQ’’) Standardized markup languages, such
36(a) of the Securities Exchange Act of
(CIK No. 72316), a void Delaware as XBRL, use sets of tags, referred to as
1934 From Compliance With Interactive
corporation located in Tucson, Arizona taxonomies. Taxonomies provide
Data File Exhibit Requirement in Forms
with a class of securities registered with common definitions that represent
6–K, 8–K, 10–Q, 10–K, 20–F and 40–F
the Commission pursuant to Exchange
To Facilitate Inline Filing of Tagged
Act Section 12(g) because it is 1 See http://specifications.xbrl.org/spec-group-
Financial Data
delinquent in its periodic filings with index-inline-xbrl.html.
the Commission, having not filed any June 13, 2016. 2 For example, in the United Kingdom, the
periodic reports since it filed a Form ‘‘accounts and computations’’ part of a ‘‘Company
10–Q for the period ended September I. Introduction Tax Return’’ must be submitted to HM Revenue and
Customs using Inline XBRL. See http://
30, 2013. On September 30, 2015, Operating companies are required to www.hmrc.gov.uk/ct/ct-online/taxonomy.htm.
Corporation Finance sent a delinquency provide their financial statements Other examples include Australia (http://
letter to NRDSQ requesting compliance accompanying their periodic and asic.gov.au/about-asic/media-centre/find-a-media-
sradovich on DSK3TPTVN1PROD with NOTICES
release/2015-releases/15-104mr-asic-introduces-
with its periodic filing requirements current reports in machine-readable format-for-improved-communication-of-financial-
which was delivered. As of June 8, format using eXtensible Business information/); Japan (https://www.xbrl.org/the-
2016, the common stock of NRDSQ was Reporting Language (XBRL). Companies standard/why/who-else-uses-xbrl/); Denmark
quoted on OTC Link, had six market currently provide this XBRL data as an (https://www.xbrl.org/the-standard/why/who-else-
uses-xbrl/); and Ireland (http://www.revenue.ie/en/
makers, and was eligible for the exhibit to their filings. Since these online/ros/ixbrl/index.html). We note that the
‘‘piggyback’’ exception of Exchange Act requirements were first adopted, specific disclosure regimes in these countries differ
Rule 15c2–11(f)(3). technology has evolved and now would from that in the U.S.
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Document Created: 2016-06-17 01:04:37
Document Modified: 2016-06-17 01:04:37
| 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 39740 |
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