Last $0.01 USD
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As of 4:30 PM 05/19/14 All times are local (Market data is delayed by at least 15 minutes).

octus inc (OCTI) Snapshot

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52 Week High
09/11/13 - $0.03
52 Week Low
04/10/14 - $0.0055
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octus inc (OCTI) Details

OCTuS, Inc. operates as a resource efficiency company in the United States. The company provides energy engineering, consulting, and financing services for the development and implementation of energy-efficient lighting, water conservation, and energy management projects, as well as heating, ventilation, and air conditioning (HVAC) to commercial, industrial, multi-family, and municipal building owners. It also offers a turnkey service for multi-family and institutional property owners and managers that enables them in capturing utility rebates and incentives for energy- and water-efficient building improvements; and has partnerships with manufacturers of energy- and water-efficiency products to bundle rebates with its products. In addition, the company provides Wickool, a passive evaporative cooling technology for commercial rooftop HVAC units. OCTuS, Inc. was founded in 1983 and is based in Davis, California.

7 Employees
Last Reported Date: 09/13/11
Founded in 1983

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octus inc (OCTI) Key Developments

SEC Revokes Registration Of Registered Securities Of OCTuS

An Administrative Law Judge has issued an Initial Decision of Default as to OCTuS, 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 OCTuS, Inc. 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 OCTuS, 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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