Per the SEC:
Release No. 80703 / May 16, 2017
ADMINISTRATIVE PROCEEDING
File No. 3-17991
3. VelaTel Global Communications, Inc. (CIK No. 1357531) is a revoked Nevada corporation located in Carlsbad, California with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). VelaTel Global Communications, Inc. 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, 2013, which reported a net loss of over $17.8 million for the prior twelve months. As of May 11, 2017, the company’s stock (symbol “VELA”) was quoted on OTC Link, had seven market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).
