SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. Litigation Release No. 16076 / March 2, 1999 Securities and Exchange Commission v. Mehl Biophile International Corporation Civil No. 99-CV-00541 (D.D.C.) (filed March 2, 1999). On March 2, 1999, the Commission filed a complaint in the United States District Court for the District of Columbia against Mehl Biophile International, Inc. ("Mehl"), an issuer whose securities are quoted in the pink sheets. The complaint alleges that Mehl, a company that markets hair removal and cosmetic dermatological products, failed to make available to the investing public current and accurate information about its financial condition and results of operation through the filing of periodic reports with the Commission as required by the Securities Exchange Act of 1934 ("Exchange Act"). Specifically, the complaint alleges that Mehl has not filed its Annual Report on Form 10-K for the fiscal year ended May 31, 1998, its Quarterly Reports on Form 10-Q for the fiscal quarters ended August 31 and November 30, 1998 and three Notifications of Late Filing with respect to its delinquent reports. The Commission seeks to compel Mehl to file its delinquent periodic reports and enjoin Mehl from further violations of Section 13(a) of the Exchange Act of 1934 and Rules 12b-25, 13a-1 and 13a-13 thereunder.