SAN ANTONIO--(BUSINESS WIRE)--On Friday, June 5, 2009, Sunrise Solar Corporation (OTCBB: SSLR) received an “Order of Suspension of Trading” from the Securities and Exchange Commission. The effect of the order was a complete suspension of trading of the Company’s common stock prior to market open on June 5, 2009. The order is in effect until 11:59pm on June 18th.
Per the Order, the SEC is concerned about “the accuracy of statements by Sunrise Solar Corporation in press releases to investors concerning, among other things, the company’s business prospects and agreements.”
At this time the Company has no knowledge as to any specific grievance of the SEC, nor has it received any subsequent communication from the SEC. Once the Company receives additional information pertaining to the suspension it will be made available on the Company’s website.
The order can be found on the SEC website at: http://www.sec.gov/litigation/suspensions.shtml
Thursday, June 11, 2009
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