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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
ADMINISTRATIVE PROCEEDINGS EXCHANGE COMMISSION PURSUANT COMMON STOCK HEXAGON CONSOLIDATED COMPANIES AMERICA PROTECTION INVESTORS SUSPEND REVOKE ALLEGES HCCA ALLEGATIONS UNITED STATES SECURITIES DELINQUENT FILINGS NEVADA CORPORATION QUARTERLY REPORTS THEREUNDER ADMINISTRATIVE LAW JUDGE DISPUTE |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Securities Exchange Act of 1934
Release No. 47475 / March 10, 2003
Administrative Proceeding
File No. 3-11059
SEC INSTITUTES PROCEEDINGS AGAINST HEXAGON CONSOLIDATED COMPANIES OF
AMERICA, INC. BASED ON DELINQUENT FILINGS
The Securities and Exchange Commission ("Commission") announced that
it has instituted public administrative proceedings against Hexagon
Consolidated Companies of America, Inc. ("HCCA"), a Nevada
corporation, pursuant to Section 12(j) of the Securities Exchange Act
of 1934, to determine whether it is necessary and appropriate for the
protection of investors to suspend or revoke the registration of
HCCA's common stock.
The Order Instituting Public Administrative Proceedings and Notice of
Hearing Pursuant to Section 12(j) of the Securities Exchange Act of
1934 ("Order") alleges that HCCA's common stock was first registered
with the Commission in February 1997. The Order further alleges that,
from the quarter ended December 31, 1999, to the present time, HCCA
has failed to file annual and quarterly reports, as required by
Section 13(a) of the Securities Exchange Act of 1934 and Rules 13a-1
and 13a-13 thereunder.
A hearing will be scheduled before an administrative law judge to
determine whether the allegations contained in the Order are true, to
provide HCCA an opportunity to dispute these allegations, and to
determine whether it is necessary and appropriate for the protection
of investors to suspend or revoke the registration of HCCA's common
stock pursuant to Section 12(g) of the Securities Exchange Act of
1934.
_________________________________________________________________
Modified 03/10/2003
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