In the Matter of Accres Holding, Inc., FirstBank Financial Services, Inc., MicroSmart Devices, Inc., Polymedix, Inc., RegenoCELL Therapeutics, Inc., and The Sagemark Companies Ltd.; Order of Suspension of Trading, 37329-37330 [2015-16147]
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Federal Register / Vol. 80, No. 125 / Tuesday, June 30, 2015 / Notices
All submissions should refer to File
Number SR–Phlx–2015–029. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for Web site viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE.,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change;
the Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–Phlx–
2015–029 and should be submitted on
or before July 21, 2015.
V. Conclusion
It is therefore ordered, pursuant to
section 19(b)(2) of the Act,29 that the
proposed rule change (SR–Phlx–2015–
29) be, and it hereby is, approved on an
accelerated basis, as amended.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.30
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–15974 Filed 6–29–15; 8:45 am]
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29 15
30 17
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
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17:34 Jun 29, 2015
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of Accres Holding, Inc.,
FirstBank Financial Services, Inc.,
MicroSmart Devices, Inc., Polymedix,
Inc., RegenoCELL Therapeutics, Inc.,
and The Sagemark Companies Ltd.;
Order of Suspension of Trading
June 26, 2015.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Accres
Holding, Inc. (CIK No. 1158201)
(‘‘ACCE’’ 1), a void Delaware corporation
with its principal place of business in
Shelton, Connecticut, with stock quoted
on OTC Link (previously, ‘‘Pink
Sheets’’) operated by OTC Markets
Group Inc. (‘‘OTC Link’’) because it has
not filed any periodic reports since the
period ended September 30, 2010. On
June 27, 2013, the Division of
Corporation Finance (‘‘Corporation
Finance’’) sent a delinquency letter to
ACCE requesting compliance with its
periodic reporting obligations at the
address shown in its then-most recent
filing with the Commission, but ACCE
did not receive the delinquency letter
due to its failure to maintain a valid
address on file with the Commission as
required by Commission rules (Rule 301
of Regulation S–T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of FirstBank
Financial Services, Inc. (CIK No.
1316410) (‘‘FBFS’’), a non-compliant
Georgia corporation with its principal
place of business in McDonough,
Georgia, with stock quoted on OTC
Link, because it has not filed any
periodic reports since the period ended
June 30, 2008. On November 22, 2011,
Corporation Finance sent a delinquency
letter to FBFS requesting compliance
with its periodic reporting obligations at
the address shown in its then-most
recent filing with the Commission, but
FBFS did not receive the delinquency
letter due to its failure to maintain a
valid address on file with the
Commission as required by Commission
rules (Rule 301 of Regulation S–T, 17
CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of MicroSmart
1 The short form of each issuer’s name is also its
ticker symbol.
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37329
Devices, Inc. (CIK No. 1339225)
(‘‘MCMV’’), a Nevada corporation with
its principal place of business in
Litchfield, Connecticut, with stock
quoted on OTC Link, because it has not
filed any periodic reports since the
period ended September 30, 2012. On
June 6, 2014, Corporation Finance sent
a delinquency letter to MCMV
requesting compliance with its periodic
reporting obligations at the address
shown in its then-most recent filing
with the Commission, but MCMV did
not receive the delinquency letter due to
its failure to maintain a valid address on
file with the Commission as required by
Commission rules (Rule 301 of
Regulation S–T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Polymedix,
Inc. (CIK No. 1341843) (‘‘PYMXQ’’), a
void Delaware corporation with its
principal place of business in Radnor,
Pennsylvania, with stock quoted on
OTC Link, because it has not filed any
periodic reports since the period ended
September 30, 2012. On May 7, 2015,
Corporation Finance sent a delinquency
letter to PYMXQ requesting compliance
with its periodic reporting obligations at
the address shown in its then-most
recent filing with the Commission, but
PYMXQ did not receive the delinquency
letter due to its failure to maintain a
valid address on file with the
Commission as required by Commission
rules (Rule 301 of Regulation S–T, 17
CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of
RegenoCELL Therapeutics, Inc. (CIK No.
1221749) (‘‘RCLL’’), a Florida
corporation with its principal place of
business in Natick, Massachusetts, with
stock quoted on OTC Link because it
has not filed any periodic reports since
the period ended December 31, 2011.
On September 16, 2014, Corporation
Finance sent a delinquency letter to
RCLL requesting compliance with its
periodic reporting obligations at the
address shown in its then-most recent
filing with the Commission, but RCLL
did not receive the delinquency letter
due to its failure to maintain a valid
address on file with the Commission as
required by Commission rules (Rule 301
of Regulation S–T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of The
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37330
Federal Register / Vol. 80, No. 125 / Tuesday, June 30, 2015 / Notices
Sagemark Companies Ltd. (CIK No.
89041) (‘‘SKCO’’), a New York
corporation with its principal place of
business in New York, New York, with
stock quoted on OTC Link because it
has not filed any periodic reports since
the period ended September 30, 2012.
On September 16, 2014, Corporation
Finance sent a delinquency letter to
SKCO requesting compliance with its
periodic reporting obligations at the
address shown in its then-most recent
filing with the Commission, but SKCO
did not receive the delinquency letter
due to its failure to maintain a valid
address on file with the Commission as
required by Commission rules (Rule 301
of Regulation S–T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
companies. Therefore, it is ordered,
pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that
trading in the securities of the abovelisted companies is suspended for the
period from 9:30 a.m. EDT on June 26,
2015, through 11:59 p.m. EDT on July
10, 2015.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015–16147 Filed 6–26–15; 4:15 pm]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
31689; 812–14392]
Context Capital Advisers, LLC, et al.;
Notice of Application
June 24, 2015.
Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of an application under
section 6(c) of the Investment Company
Act of 1940 (‘‘Act’’) for an exemption
from rule 12d1–2(a) under the Act.
AGENCY:
Applicants request an order to
permit open-end management
investment companies relying on rule
12d1–2 under the Act to invest in
certain financial instruments.
APPLICANTS: Context Capital Funds (the
‘‘Trust’’), Context Capital Advisers, LLC
(‘‘Context Capital’’) and Context
Advisers II, L.P. (‘‘Context II’’).
DATES: Filing Date: The application was
filed on November 26, 2014, and
amended on April 13, 2015.
HEARING OR NOTIFICATION OF HEARING:
An order granting the application will
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SUMMARY:
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17:34 Jun 29, 2015
Jkt 235001
be issued unless the Commission orders
a hearing. Interested persons may
request a hearing by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on July 20, 2015 and
should be accompanied by proof of
service on applicants, in the form of an
affidavit or, for lawyers, a certificate of
service. Hearing requests should state
the nature of the writer’s interest, the
reason for the request, and the issues
contested. Persons who wish to be
notified of a hearing may request
notification by writing to the
Commission’s Secretary.
ADDRESSES: Secretary, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549–1090;
Applicants: Context Capital Funds,
Three Canal Plaza, Suite 600, Portland,
Maine 04101; Context Capital Advisers,
LLC and Context Advisers II, L.P., 401
City Avenue, Suite 815, Bala Cynwyd,
PA 19004.
FOR FURTHER INFORMATION CONTACT:
Vanessa M. Meeks, Senior Counsel, or
Melissa R. Harke, Branch Chief, at (202)
551–6825 (Division of Investment
Management, Chief Counsel’s Office).
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application
may be obtained via the Commission’s
Web site by searching for the file
number, or for an applicant using the
Company name box, at https://
www.sec.gov/search/search.htm or by
calling (202) 551–8090.
Applicants’ Representations
1. The Trust is organized under
Delaware law as a statutory trust and is
registered under the Act as an open-end
management investment company. The
Trust is a series trust which currently
consists of two series. Context Capital is
a limited liability corporation organized
under the laws of Delaware and is
registered as an investment adviser
under the Investment Advisers Act of
1940 (the ‘‘Advisers Act’’). Context
Capital currently serves as the
investment adviser to the Context
Alternative Strategies Fund, a series of
the Trust. Context II is a limited
partnership organized under the laws of
Delaware and is registered as an
investment adviser under the Advisers
Act. Context II currently serves as the
investment adviser to the Context Macro
Opportunities Fund.
2. Applicants request an exemption to
the extent necessary to permit any
existing or future series of the Trust and
any other registered open-end
PO 00000
Frm 00112
Fmt 4703
Sfmt 4703
management investment company or
series thereof that: (a) is advised by
Context Capital, Context II or any
investment adviser controlling,
controlled by, or under common control
with Context Capital or Context II (any
such adviser, Context Capital or Context
II, an ‘‘Adviser’’ and collectively, the
‘‘Advisers’’); 1 (b) is in the same group
of investment companies as defined in
section 12(d)(1)(G) of the Act as the
Trust; (c) invests in other registered
open-end management investment
companies (‘‘Underlying Funds’’) in
reliance on section 12(d)(1)(G) of the
Act; and (d) also is eligible to invest in
securities (as defined in section 2(a)(36)
of the Act) in reliance on rule 12d1–2
under the Act (each a ‘‘Fund of Funds’’),
also to invest, to the extent consistent
with its investment objectives, policies,
strategies and limitations, in financial
instruments that may not be securities
within the meaning of section 2(a)(36) of
the Act (‘‘Other Investments’’).2
3. Consistent with each Adviser’s
respective fiduciary obligations under
the Act, each Fund of Funds’ board of
trustees will review the advisory fees
charged by the applicable Fund of
Funds’ Adviser to ensure that they are
based on services provided that are in
addition to, rather than duplicative of,
services provided pursuant to the
advisory agreement of any investment
company in which the Fund of Funds
may invest.
Applicants’ Legal Analysis
1. Section 12(d)(1)(A) of the Act
provides that no registered investment
company (‘‘acquiring company’’) may
acquire securities of another investment
company (‘‘acquired company’’) if such
securities represent more than 3% of the
acquired company’s outstanding voting
stock or more than 5% of the acquiring
company’s total assets, or if such
securities, together with the securities of
other investment companies, represent
more than 10% of the acquiring
company’s total assets. Section
12(d)(1)(B) of the Act provides that no
registered open-end investment
company may sell its securities to
another investment company if the sale
will cause the acquiring company to
own more than 3% of the acquired
company’s voting stock, or cause more
than 10% of the acquired company’s
voting stock to be owned by investment
1 Each Adviser will be registered as an investment
adviser under the Advisers Act.
2 Every existing entity that currently intends to
rely on the requested order is named as an
applicant. Any entity that relies on the order in the
future will do so only in accordance with the terms
and condition in the application.
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Agencies
[Federal Register Volume 80, Number 125 (Tuesday, June 30, 2015)]
[Notices]
[Pages 37329-37330]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-16147]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of Accres Holding, Inc., FirstBank Financial
Services, Inc., MicroSmart Devices, Inc., Polymedix, Inc., RegenoCELL
Therapeutics, Inc., and The Sagemark Companies Ltd.; Order of
Suspension of Trading
June 26, 2015.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Accres Holding, Inc. (CIK No. 1158201) (``ACCE'' \1\), a void Delaware
corporation with its principal place of business in Shelton,
Connecticut, with stock quoted on OTC Link (previously, ``Pink
Sheets'') operated by OTC Markets Group Inc. (``OTC Link'') because it
has not filed any periodic reports since the period ended September 30,
2010. On June 27, 2013, the Division of Corporation Finance
(``Corporation Finance'') sent a delinquency letter to ACCE requesting
compliance with its periodic reporting obligations at the address shown
in its then-most recent filing with the Commission, but ACCE did not
receive the delinquency letter due to its failure to maintain a valid
address on file with the Commission as required by Commission rules
(Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
---------------------------------------------------------------------------
\1\ The short form of each issuer's name is also its ticker
symbol.
---------------------------------------------------------------------------
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
FirstBank Financial Services, Inc. (CIK No. 1316410) (``FBFS''), a non-
compliant Georgia corporation with its principal place of business in
McDonough, Georgia, with stock quoted on OTC Link, because it has not
filed any periodic reports since the period ended June 30, 2008. On
November 22, 2011, Corporation Finance sent a delinquency letter to
FBFS requesting compliance with its periodic reporting obligations at
the address shown in its then-most recent filing with the Commission,
but FBFS did not receive the delinquency letter due to its failure to
maintain a valid address on file with the Commission as required by
Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
MicroSmart Devices, Inc. (CIK No. 1339225) (``MCMV''), a Nevada
corporation with its principal place of business in Litchfield,
Connecticut, with stock quoted on OTC Link, because it has not filed
any periodic reports since the period ended September 30, 2012. On June
6, 2014, Corporation Finance sent a delinquency letter to MCMV
requesting compliance with its periodic reporting obligations at the
address shown in its then-most recent filing with the Commission, but
MCMV did not receive the delinquency letter due to its failure to
maintain a valid address on file with the Commission as required by
Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Polymedix, Inc. (CIK No. 1341843) (``PYMXQ''), a void Delaware
corporation with its principal place of business in Radnor,
Pennsylvania, with stock quoted on OTC Link, because it has not filed
any periodic reports since the period ended September 30, 2012. On May
7, 2015, Corporation Finance sent a delinquency letter to PYMXQ
requesting compliance with its periodic reporting obligations at the
address shown in its then-most recent filing with the Commission, but
PYMXQ did not receive the delinquency letter due to its failure to
maintain a valid address on file with the Commission as required by
Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
RegenoCELL Therapeutics, Inc. (CIK No. 1221749) (``RCLL''), a Florida
corporation with its principal place of business in Natick,
Massachusetts, with stock quoted on OTC Link because it has not filed
any periodic reports since the period ended December 31, 2011. On
September 16, 2014, Corporation Finance sent a delinquency letter to
RCLL requesting compliance with its periodic reporting obligations at
the address shown in its then-most recent filing with the Commission,
but RCLL did not receive the delinquency letter due to its failure to
maintain a valid address on file with the Commission as required by
Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
The
[[Page 37330]]
Sagemark Companies Ltd. (CIK No. 89041) (``SKCO''), a New York
corporation with its principal place of business in New York, New York,
with stock quoted on OTC Link because it has not filed any periodic
reports since the period ended September 30, 2012. On September 16,
2014, Corporation Finance sent a delinquency letter to SKCO requesting
compliance with its periodic reporting obligations at the address shown
in its then-most recent filing with the Commission, but SKCO did not
receive the delinquency letter due to its failure to maintain a valid
address on file with the Commission as required by Commission rules
(Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed companies. Therefore, it is ordered,
pursuant to Section 12(k) of the Securities Exchange Act of 1934, that
trading in the securities of the above-listed companies is suspended
for the period from 9:30 a.m. EDT on June 26, 2015, through 11:59 p.m.
EDT on July 10, 2015.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-16147 Filed 6-26-15; 4:15 pm]
BILLING CODE 8011-01-P