5. Crystallex International Corp. (CIK No. 912500) is a Canadian corporation
located in Toronto, Ontario, Canada with a class of securities registered with the
Commission pursuant to Exchange Act Section 12(g). Crystallex International is
delinquent in its periodic filings with the Commission, having not filed any periodic
reports since it filed a Form 40-F for the period ended December 31, 2010, which
reported a net loss of over $48 million for the prior year. As of February 1, 2013, the
company’s stock (symbol “CRYFQ”) was quoted on OTC Link, had four
teen market
makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2
-
11(f)(3).
-
11(f)(3).
IT IS HEREBY FURTHER ORDERED that Respondents shall file an Answer to
the allegations contained in this Order within ten (10) days after service of this Order, as
provide
d by Rule 220(b) of the Commission’s Rules of Practice [17 C.F.R. § 201.220(b)].
If Respondents fail to file the directed Answers, or fail to appear at a hearing after
being duly notified, the Respondents, and any successor under Exchange Act Rules 12b-2
or 12g-3, and any new corporate names of any Respondents, may be deemed in default
and the proceedings may be determined against them upon consideration of this Order,
the allegations of which may be deemed to be true as provided by Rules 155(a), 220(f),
221(f), and 310 of the Commission’s Rules of Practice [17 C.F.R. §§ 201.155(a),
201.220(f), 201.221(f), and 201.310].
So can they save us ?
