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Saturday, June 16, 2012 1:27:49 PM
On June 13, 2012, the Board of Directors of Deltron, Inc. (the "Company"),filed a Form 15-D with the Securities and Exchange Commission ("SEC") voluntarily suspending its reporting obligations with the SEC. As a result of this action, the common stock of the Company is no longer traded on the OTCQX Bulletin Board. The Company continues to trade on the OTC Markets, formerly the "PINKS.
The Board of Directors resolution, which passed on June 11, 2012 expresses the Board's intention to use this moratorium to better utilize its resources to more efficiently bolster operations to attract suitable merger and/or acquisition candidates to be better able in the future to afford the cost of reporting compliance.
The Company is actively engaged in seeking a suitable merger or acquisition partner along with a renewed financing activity to allow it to continue its business development. Once adequate sustainable financing has been secured, the Company will resume its reporting obligation.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
DELTRON INC.
By: /s/ Stephen Vlahos
----------------------
Stephen Vlahos
President
(Principal Executive)
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