October 23, 2014 12:48 PM ET

Communications Equipment

Company Overview of WorldGate Communications, Inc.

Company Overview

WorldGate Communications, Inc. designs and develops digital video phones. The company sells digital video phones directly or through agents to telecommunications service providers who have a digital voice and video management and network infrastructure, such as incumbent service providers, local exchange carriers, international telecom service providers, cable service providers, and vertical providers in the education and healthcare services markets. WorldGate Communications, Inc. was founded in 1995 and is based in Trevose, Pennsylvania. On March 30, 2012, WorldGate Communications, Inc., along with its affiliates, filed a voluntary petition for liquidation under Chapter 7 in the US Bankrupt...

3800 Horizon Boulevard

Suite 103

Trevose, PA 19053

United States

Founded in 1995

3 Employees

Phone:

215-354-5100

Fax:

215-354-1049

Key Executives for WorldGate Communications, Inc.

WorldGate Communications, Inc. does not have any Key Executives recorded.

WorldGate Communications, Inc. Key Developments

SEC Revokes Registration Of Registered Securities Of WorldGate Communications

An Administrative Law Judge has issued an Initial Decision of Default as to WorldGate Communications, Inc. . The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearings On Registration Suspension Or Revocation Against WorldGate Communications For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of WorldGate Communications, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges 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 proceeding.

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