SEC wants STTH to respond
The Securities and Exchange Commission (“Commission”) deems it necessary and
appropriate for the protection of investors that public administrative proceedings be, and hereby
are, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange
Act”) against the respondent named in the caption.
II.
After an investigation, the Division of Enforcement alleges that:
A. RESPONDENT
1. Stealth Technologies, Inc. (“STTH”)1
(CIK No. 1496818) is an administratively
dissolved Florida corporation located in Largo, Florida with a class of securities registered with
the Commission pursuant to Exchange Act Section 12(g). STTH is delinquent in its periodic
filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for
the period ended September 30, 2019, which reported a net loss of $416,481 for the prior three
months. On January 27, 2020, STTH filed a Chapter 7 petition in the U.S. Bankruptcy Court for
the Middle District of Florida, which is pending. As of September 9, 2021, the common stock of
STTH was quoted on OTC Link operated by OTC Markets Group Inc. (formerly “Pink Sheets”),
had seven market makers and was eligible for the “piggyback” exception of Exchange Act Rule