U.S. Securities and Exchange Commission (SEC)
Official Release: https://www.sec.gov/files/litigation/admin/2026/34-106277.pdf
NEWS:
The SEC's September 4, 2026 order, Release No. 34-106277, opened a proceeding under Section 12(j) of the Securities Exchange Act against American Entertainment Group, Inc. The SEC identifies the respondent as a Colorado corporation located in Toronto, Ontario, Canada, with a class of securities registered under Section 12(g). The order says the company's last periodic report was a Form 10-QSB for the period ended September 30, 1997.
The Division of Enforcement alleges that the company repeatedly failed to meet its reporting obligations and did not heed a delinquency letter requesting compliance—or may not have received it because it failed to maintain a valid address on file with the SEC. The order specifically notes that American Entertainment Group's common stock is not publicly quoted or traded.
The proceeding will give the company an opportunity to answer the allegations and present defenses. The SEC will determine whether suspension of the securities' registration for up to 12 months or revocation is warranted. This is an instituted proceeding, not a final finding that the allegations are true.
KEY POINTS:
- SEC Release No. 34-106277, administrative file No. 3-22702, is dated September 4, 2026.
- The SEC alleges the company has not filed periodic reports since its Form 10-QSB for the quarter ended September 30, 1997.
- The order identifies American Entertainment Group as a Colorado corporation located in Toronto, Ontario.
- The SEC says the company's common stock is not publicly quoted or traded.
- Potential outcomes include suspension for up to 12 months or revocation of the securities' registration; the proceeding is pending.