In the Matter of MCCI Corporation

April 25, 2011 SEC-CFD ORDER NO. 082-11 IN THE MATTER OF MCCI CORPORATION ORDER The records on file with this Commission show that the company committed the following violations: Violation Frequency Penalty Late filing of 2009 1st Quarter Report 2nd P129,500.00 Late filing of 2009 2nd Quarter Report 3rd P163,200.00 Late filing of 2009 3rd Quarter Report 4th Suspension Non-filing of 2009 Annual Report 2nd P139,000.00 1 Non-filing of 2010 1st Quarter Report 5th Suspension Non-filing of 2010 2nd Quarter Report 6th Suspension Non-filing of information statement for 2009 1st Reprimand Annual Stockholders' Meeting Non-filing of information statement for 2010 2nd Annual Stockholders' Meeting 2 In spite of notice and demand, the company has failed to file the required reports and to pay the assessed penalties of P431,700.00. 3 Pursuant to the Resolution of the Commission in its meeting on 07 April 2011, the company's Registration of its Securities and Certificate of Permit to Sell Securities to the Public are hereby SUSPENDED for a period of 60 days from date of receipt of this Order or until it files the 2009 Annual Report (SEC Form 17-A). Information Statement (SEC Form 20-IS) for 2010 meeting or Current Report (SEC Form 17-C) if there was non-holding of 2009 and 2010 annual stockholders' meetings and General Information Sheets for 2001, 2002, 2003, 2009 and 2010 and pays the penalty in full. TIDaCE Should the company fail to comply with the above directive within the said period, the Commission shall immediately initiate the proceedings for the revocation of its Registration of Securities and Certificate of Permit to Sell Securities to the Public. Let a copy of this Order be posted in the Commission's official website for the information and guidance of the public. SO ORDERED. Signed this 25th day of April 2011 at Mandaluyong City, Philippines. For the Commission: (SGD.) JUSTINA F. CALLANGAN Acting Director Footnotes 1. Assessment letter dated 13 July 2010 (Computed from 24 April 2010 to 10 July 2010). 2. Assessment letter dated April 11, 2011 amounting to P203,000.00 computed from June 9, 2010 to December 31, 2010. 3. The penalty for the non-filing of 2009 Annual Report was computed as of 13 July 2010. The penalty for the non-filing of SEC Form 17-A continues to accrue until the required report is filed.