Item 8.01 Other Events
References to "We," "Our," and "the Company," refer to Photozou Holdings, Inc.,
a Delaware Company.
On April 29, 2021, the Securities and Exchange Commission ("SEC") issued an
"Order of Suspension of Trading" (referred to herein as the "Order") temporarily
suspending the trading in the securities of the Company. The Order stated that
the SEC felt it in the public interest and protection of investors to require a
temporary suspension in light of potentially manipulative transactions in the
Company's Common Stock and unusual trading activity, particularly in February
and March, 2021. The Company's Common Stock, previously quoted on the OTC
Markets Group Pink Tier was suspended as a result of the Order for the period
from 9:30 a.m. EDT on April 30, 2021, through 11:59 p.m. EDT on May 13, 2021, at
which time the suspension expired by its terms.
On August 26, 2021 the SEC confirmed to the Company's counsel that it had
concluded its investigation of the Company pursuant to the Order, and that the
SEC did not intend to recommend any enforcement action. The SEC's response
further noted that this decision should "in no way be construed as indicating
that the party (the Company) has been exonerated or that no action may
ultimately result from the staff's investigation."
Currently, the Company and its counsel are working with a market maker to file a
Form 211 on the Company's behalf so that its Common Stock may resume trading via
the OTC Pink Tier. There is, however, no guarantee that a Market Maker will
agree to file a 211 on the Company's behalf behalf, or that our Common Stock
will be quoted again in the future..
Item 9.01 Exhibits.
None.
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