UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
Securities Exchange Act of 1934
Release No. 50467 / September 29, 2004
File No. 3-11690
In the Matter of Agra-Tech, Incorporated, Consolidated Oil & Gas, Inc., Kilimanjaro Group.Com Inc., New Hampshire Industrials, Inc., Oyster Creek Group Inc., Savannah River Group, Inc., 2KSounds Corporation, Xunantunich, Inc.
PROCEEDINGS INSTITUTED AGAINST EIGHT COMPANIES THAT HAVE FAILED TO MAKE REQUIRED PERIODIC FILINGS
The Commission today instituted public administrative proceedings pursuant to Section 12(j) of the Securities Exchange Act of 1934 ("Exchange Act") against eight companies to determine whether the registration of their securities should be revoked or suspended for failure to file required periodic reports with the Commission in violation of Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder. The companies are: Agra-Tech, Incorporated, Consolidated Oil & Gas, Inc., Kilimanjaro Group.Com Inc., New Hampshire Industrials, Inc., Oyster Creek Group Inc., Savannah River Group, Inc., 2KSounds Corporation, and Xunantunich, Inc. (collectively, "Respondents). The Division of Enforcement alleges in the Order Instituting Proceedings that all eight Respondents had common stock registered pursuant to Section 12(g) of the Exchange Act in 2000 or 2001. The Division of Enforcement further alleges that each of the Respondents is at least one year delinquent in its periodic filings, and that the Respondents have failed to heed delinquency letters sent to them by the Division of Corporation Finance requesting compliance with their periodic filing obligations.
A hearing will be scheduled before an administrative law judge to determine whether allegations of the Division of Enforcement contained in the Order Instituting Proceedings are true, to provide the Respondents an opportunity to dispute the allegations, and to determine whether it is necessary and appropriate for the protection of investors to suspend or revoke the registration of the Respondents' securities.
Pursuant to the Commission's Rules of Practice, an initial decision shall be issued by the administrative law judge within 120 days from service of the Order Instituting Proceedings upon the Respondents.
See also the Order in this matter