On January 19, 2012, the Commission instituted an administrative proceeding against TapSlide, Inc. and six other respondents under Section 12(j) of the Securities Exchange Act of 1934.1 The Order Instituting Proceedings alleged that TapSlide had violated periodic reporting requirements and sought to suspend or revoke the registration of TapSlide's securities.
[TapSlide hasn't filed a 10Q or 10K since Oct 2010.]
On February 6, 2012, TapSlide filed a Form 15 to terminate voluntarily the registration of its securities under Exchange Act Section 12(g). Under Rule 12g-4(a), an issuer's registration is terminated ninety days after filing Form 15, in this case, May 7, 2012.2 On that day, the Division of Enforcement filed a motion to dismiss TapSlide from this proceeding. TapSlide has not responded to the Division's motion.
We have determined to grant the Division's motion. TapSlide no longer has securities registered under Section 12 of the Exchange Act.
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