GREAT NECK, N.Y.--(BUSINESS WIRE)--Diapulse Corporation of America announces that an Order of Settlement was accepted by Securities and Exchange Commission regarding Revocation of Registration of Securities Pursuant to Section 12(J) of the Securities Exchange Act of 1934. Due to unforeseeable circumstances the company was delinquent in filing periodic reports under Exchange Act Section 13(a) and Rules 13a-1 and 13a-13.
To correct this matter, the company has engaged an independent auditor to bring filings current and plans to submit Form 10 to SEC as soon as the audit is completed.
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