SEC Suspension of Trading

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.

SECURITIES EXCHANGE ACT OF 1934
Release No. 92232 / June 22, 2021

The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of Enerkon Solar International, Inc. (ENKS) commencing at 9:30 a.m. EDT on June 23, 2021 and terminating at 11:59 p.m. EDT on July 7, 2021:

The Commission temporarily suspended trading in the securities of ENKS due to, among other things, lack of adequate and accurate information in Enerkon's quarterly and annual financials submitted to OTC Link, whose parent company is OTC Markets Group, Inc. ("OTC Link"), as early as December 31, 2018, through Enerkon’s quarterly financials for March 31, 2021, submitted on June 3, 2021, relating to the identity of significant owners of Enerkon's securities. Questions have also arisen about the accuracy and adequacy of publicly disseminated information in press releases, including press releases dated March 9, 2021, May 3, 2021, and May 11, 2021, concerning, among other things, Enerkon's acquisition of CoviKlear Holdings International and its prospective operations, and the establishment of a solar and hydrogen plant in Pennsylvania.

The Commission cautions 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 the company.

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 suspensions, no quotation may be entered relating to the securities of the subject companies 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 it has complied with the rule, it should not enter any quotation but immediately contact the 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, it should refrain from entering quotations relating to Enerkon’s securities until such time as it has familiarized itself 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 Commission will consider the need for prompt enforcement action.

If any broker, dealer or other person has any information which may relate to this matter, they should immediately contact Barbara Gunn, Assistant Regional Director, at (817) 978-6467. 

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