Real Estate Management and Development
Company Overview of DCI USA Inc.
Company Overview
DCI USA, Inc., through its subsidiary, Norman LLC, engages in the renovation and conversion of buildings to commercial condominiums. It manages the construction, financing, and sale of the 231 Norman Avenue project located in Brooklyn, New York. The company is based in Brooklyn, New York. DCI USA Inc operates as a subsidiary of TSSS, Inc.
231 Norman Avenue
Brooklyn, NY 11222
United States
Phone:
718-383-4999
Key Executives for DCI USA Inc.
DCI USA Inc. Key Developments
An Administrative Law Judge issued an Order Making Finding and Revoking Registration by Default (Default Order) as to DCI USA Inc. The Default Order finds that the Company, issuer of securities registered pursuant to Section 12 of the Securities Exchange Act of 1934 (Exchange Act), has failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and 13a-13 by failing to file required periodic reports with the Securities and Exchange Commission (SEC). As a result, the Administrative Law Judge ordered that the registration of each class of registered securities of the Company is revoked.
In conjunction with this trading suspension, Securities and Exchange Commission (SEC or the commission) also instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of DCI USA Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleged that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.
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