To: Arcane Lore who wrote (6710 ) 11/19/2007 4:17:04 PM From: Arcane Lore Read Replies (1) | Respond to of 6735 From today's SEC Digest: ENFORCEMENT PROCEEDINGS REVOCATION OF REGISTRATION OF SECURITIES OF SOLV-EX CORPORATION On November 16, the Commission revoked the registration of the securities of Solv-Ex Corporation (Solv-Ex), of Albuquerque, New Mexico, registered with the Commission pursuant to Section 12 of the Securities Exchange Act of 1934 (the Exchange Act). The Commission revoked Solv-Ex's securities pursuant to Section 12(j) of the Exchange Act. In its Order revoking the registration of securities of Solv-Ex registered with the Commission pursuant to Section 12 of the Exchange Act, the Commission found the following: Solv-Ex has failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder, while its common stock was registered with the Commission, in that it has not filed an annual report on Form 10-K since Sept. 30, 1996, or periodic or quarterly reports on Form 10-Q for any fiscal period subsequent to its fiscal period ending June 30, 1999. The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that Section 12(j) provides, in pertinent part, as follows: No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked. Without admitting or denying the findings in the Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934, Solv-Ex consented to the entry of an order finding that it had failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder and revoking its registration. (Rel. 34-56807; File No. 3-12821)sec.gov See also:sec.gov