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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
EXCHANGE ACT COMMISSION ADMINISTRATIVE PROCEEDINGS COMMON STOCK REVOKE INSTITUTING PURSUANT SUBSEQUENT FILINGS BOCA RATON WHOLESALE DISTRIBUTOR BRAND FRAGRANCES COSMETICS DISCOUNT RETAILERS DRUGSTORE SUPERMARKET CHAINS MASS MERCHANTS NATIONAL ASSOCIATION DEALERS AUTOMATED QUOTATION AUTOMATED QUOTATION SYSTEM PROTECTION BANKRUPTCY CODE PRIVATE COMPANY PERIODIC FILINGS QUARTERLY REPORT ADMINISTRATIVE LAW JUDGE ALLEGATIONS ORDER INSTITUTING PROCEEDINGS |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
Securities Exchange Act of 1934
Release No. 41932 / September 28, 1999
Accounting and Auditing Enforcement
Release No. 1181 / September 28, 1999
IN THE MATTER OF MODEL IMPERIAL, INC.,
Administrative Proceeding File No. 3-10043
Administrative Proceedings Initiated to Revoke Registration of Model
Imperial Common Stock
The Securities and Exchange Commission announced today that it has
instituted public administrative proceedings, pursuant to Section
12(j) of the Securities Exchange Act of 1934, to determine whether to
revoke the registration with the Commission of the common stock of
Model Imperial, Inc. ("Model Imperial").
Model Imperial, a Florida corporation headquartered in Boca Raton, is
a wholesale distributor of brand name fragrances and cosmetics to
discount retailers, drugstore and supermarket chains and other mass
merchants. Model Imperial's common stock is registered with the
Commission pursuant to Section 12(g) of the Exchange Act and was
traded on the National Association of Securities Dealers Automated
Quotation System ("NASDAQ") until April 10, 1996, when it was
delisted. On July 18, 1996, Model Imperial filed for protection under
Chapter 11 of the Bankruptcy Code. All of its common stock was
subsequently acquired by a private company. Model Imperial has made no
periodic filings with the Commission subsequent to its filing of a
quarterly report on Form 10-Q for the quarter ending September 30,
1995.
A hearing will be held before an Administrative Law Judge to determine
whether the staff's allegations in the Order Instituting Proceedings
are true and, if so, whether the company's registration should be
revoked.
_________________________________________________________________
Modified 09/28/1999
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