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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
EXCHANGE ACT COMMISSION PURSUANT SECURITIES EXCHANGE FINDINGS COMMON STOCK BANKRUPTCY REPORTS FINANCIAL STATEMENTS CONFORM ACCEPTED ACCOUNTING PRINCIPLES HEREBY UNITED STATES ADMINISTRATIVE PROCEEDING MATTER RESPONDENT ADMITTING COURT FLORIDA FORT LAUDERDALE EXCHANGE ACT RULES ANNUAL REPORTS QUARTERLY REPORTS KAPILA ATTORNEY MARIAELENA GAYO-GUITIAN HOUSTON SHAHADY FISCAL PERIOD SUBSEQUENT |
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
Securities Exchange Act of 1934
Release No. 41878 / September 15, 1999
Administrative Proceeding
File No. 3-9826
In the Matter of
MADISON GROUP ASSOCIATES, INC.,
Respondent
ORDER MAKING FINDINGS AND
REVOKING REGISTRATION
PURSUANT TO SECTION 12(j) OF
THE SECURITIES EXCHANGE
ACT OF 1934
On February 10, 1999, the Commission instituted public administrative
proceedings against Madison Group Associates, Inc. ("Madison Group"),
pursuant to Section 12(j) of the Securities Exchange Act of 1934 (15
U.S.C. § 78l(j))("Exchange Act"). On March 31, 1999, the Order
Instituting Public Proceedings and Notice of Hearing Pursuant to
Section 12(j) of the Exchange Act of 1934 was served on the
Respondent.
Solely for the purpose of these proceedings and any other proceedings
brought by or on behalf of the Commission or to which the Commission
is a party, and without admitting or denying the findings set forth in
the Order, except as to the Commission's finding of jurisdiction over
Madison Group and the subject matter of these proceedings, which are
admitted, consents to the issuance of the Order by the Commission
which finds that
I.
FACTS
On the basis of the Order Instituting Public Proceedings the
Commission finds that
A. Madison Group, formerly known as Canaveral International
Corporation, is a Delaware corporation whose common stock is
registered with the Commission pursuant to Section 12(g) of the
Exchange Act (15 U.S.C. § 78l(g)).
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