On February 28, 2014, the Securities and Exchange Commission (“Commission”) ordered the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading in the securities of Trilliant Exploration Corp. (“Trilliant”) of New York, New Yorkdue to the lack of complete and accurate publicly available information concerning, among other things, Trilliant’s financial condition. Trilliant’s common shares were quoted with the symbol TTXP on the OTC Markets OTCQB prior to the suspension.
The SEC’s trading suspension will last for ten business days. The trading suspension commenced at 9:30 a.m. EST on February 28, 2014, and terminates at 11:59 p.m. EDT on March 13, 2014.
The SEC cautioned 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 Trilliant.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the SEC staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777.
If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to Trilliant’s securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the SEC will consider the need for prompt enforcement action.
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