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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
UNIVERSALSCIENCE SECURITIES ACT PEREZ STOCK COMMISSION SALE OFFERING PUBLICIZING SHARES VIOLATION INTERNET MATTER WEB SITE RESPONDENTS INSTITUTING ADMINISTRATIVE PROCEEDINGS EXEMPTION PURSUANT FINDINGS JURISDICTION INCORPORATION ACCREDITED INVESTORS SELL GENERAL SOLICITATION CEASE-AND-DESIST ORDER HEREBY SETTLEMENT PURPOSE ISSUANCE |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES ACT OF 1933
Release No. 7879 / August 8, 2000
ADMINISTRATIVE PROCEEDING
File No. 3-10266
In the Matter of
UNIVERSALSCIENCE.COM, INC.
and RENE PEREZ
Respondents
ORDER INSTITUTING PUBLIC
ADMINISTRATIVE PROCEEDINGS
PURSUANT TO SECTION 8A OF THE
SECURITIES ACT OF 1933 MAKING
FINDINGS AND ISSUING A CEASE-
AND-DESIST ORDER
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate that public administrative proceedings pursuant to Section
8A of the Securities Act of 1933 ("Securities Act") be, and they
hereby are, instituted against Universalscience.com, Inc.
("Universalscience") and Rene Perez ("Perez"). Accordingly, IT IS
HEREBY ORDERED that said proceedings be, and hereby are, instituted.
II.
In anticipation of the institution of these administrative
proceedings, respondents Universalscience and Perez have submitted
Offers of Settlement ("Offers"), which the Commission has determined
to accept. Solely for the purpose of these proceedings and any other
proceedings brought by or on behalf of the Commission or in which the
Commission is a party, and without admitting or denying the findings
herein, except that they admit the jurisdiction of the Commission over
them and over the subject matter of these proceedings,
Universalscience and Perez consent to the issuance by the Commission
of this Order Instituting Public Administrative Proceedings Pursuant
to Section 8A of the Securities Act, Making Findings and Issuing a
Cease-and-Desist Order (the "Order").
III.
SNIPPETS:
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