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Re: swingingRichard post# 99885

Sunday, 06/24/2018 6:09:59 PM

Sunday, June 24, 2018 6:09:59 PM

Post# of 108590
Opportunity to file PixelMags Financials, leaving Solaris Power Cells financial record keeping issues in the past, with no penalty.

http://www.sec.gov.ph/wp-content/uploads/2015/07/VoluntaryRevocation.pdf

VOLUNTARY REVOCATION

Applicability:
Revocation of Certificate of Registration and Permit to Sell Securities to the Public

Rule 13.2
An application for voluntary revocation of Registration of Securities

Filing Fee
P5,000.00

Documentary Requirements:
1. Verified Petition for Revocation
2. Board Resolution approving said revocation, certified under oath by Corporate Secretary and attested by the President or one performing similar function
3. List of Stockholders indicating their respective shareholdings as of the latest date
4. All relevant books and papers of the Issuer, as may be determined by the Commission
5 Proposed Notice of Filing of Petition for Voluntary Revocation, reciting the fact supporting the said petition and that the same is subject to the approval of the Commission
6. Copy of the Official Receipt representing payment of filing fee
7. The SEC may impose such other requirements or conditions as it may deem necessary. The same may include an Order to produce all the books and papers of the petitioner and to administer under oath to, and examine its officers or other persons connected therewith

Procedures
1. Upon presentation of the documents required for voluntary revocation of registration of securities, the Notice of Filing of Petition for Voluntary Revocation shall immediately published by the Issuer at its expense once in a national newspaper of general circulation
2. If after fifteen (15) business days from the aforesaid publication, the Commission finds that the petition together with all other papers and documents attached to it, is on its face complete and that no party stands to suffer any damage from the revocation, it shall prepare an order revoking the registration.
3. The Order of Revocation shall be published once, in a newspaper of general circulation, at the expense of the company and/or uploaded at the Commission’s website.

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