InvestorsHub Logo
Followers 1511
Posts 35067
Boards Moderated 7
Alias Born 07/12/2004

Re: None

Thursday, 02/16/2012 9:35:08 AM

Thursday, February 16, 2012 9:35:08 AM

Post# of 998
NKRN SEC Suspension:

http://sec.gov/litigation/suspensions/2012/34-66405.pdf

The Securities and Exchange Commission (“Commission”) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading in the securities of Nikron Technologies, Inc. (“Nikron”), of Topeka, Kansas at 9:30 a.m. on February 16, 2012, and terminating at 11:59 p.m. on March 1, 2012.

The Commission temporarily suspended trading in the securities of Nikron because of possible manipulative conduct occurring in the market for the company’s stock. Nikron is quoted on OTC Link operated by OTC Markets Group, Inc. under the ticker symbol “NKRN.”

The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.

Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to Nikron securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in in violation of the rule, the Commission will consider the need for prompt enforcement action.

If any broker, dealer or other person has any information which may relate to this matter, Gerald Gross, Assistant Regional Director, of the New York office of the Securities and Exchange Commission should be telephoned at 212-336-0085.

To bite the worm of incite is to bite the HOOK of the antagonist . They win .