Multri-Precision, LLC (Order Dismissing Administrative Proceedings)

UNITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION SECURITIES ACT OF 1933 Release No. 9560 / March 13, 2014 Admin. Proc. File No. 3-15658 In the Matter of Multri-Precision, LLC 115 Main Street Oakville, CT 06779 ORDER DISMISSING ADMINISTRATIVE PROCEEDINGS On December 20, 2013, pursuant to Section 8(d) of the Securities Act of 1933,1 the Commission instituted an administrative proceeding against Multri-Precision, LLC. Section 8(d) provides, in relevant part, that "if it appears to the Commission that a registration statement filed with the Commission includes any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading, the Commission may… issue a stop order suspending the effectiveness of the registration statement." The Division of Enforcement alleged that the registration statement filed by Multri- Precision failed to provide certain items which are required by Commission forms and regulations governing the offer and sale of securities to the public. Given these allegations, the Division sought a Stop Order suspending the effectiveness of the registration statement. On December 31, 2013, Multri-Precision requested the withdrawal of its registration statement, pursuant to Securities Act Rule 477.2 Rule 477 states that an application to withdraw a registration statement is deemed granted at the time of filing, unless the Commission notifies the applicant that the request will not be granted within 15 calendar days of filing. On January 15, 2014, the Division of Corporation Finance, by delegated authority, consented to Multri- Precision's request to withdraw the registration statement, and so the registration statement was 1 15 U.S.C. § 77h(d). 2 17 C.F.R. § 230.477. 2 withdrawn. On February 19, 2014, the Division of Enforcement filed a motion to dismiss the proceeding against Multri-Precision, based on the withdrawal of Multri-Precision's registration statement. Multri-Precision previously confirmed it had no objection to the Division's motion. Therefore, based on all of the above, it is appropriate to grant the Division's motion. Accordingly, IT IS ORDERED that the Division of Enforcement's motion to dismiss the administrative proceeding against Multri-Precision, LLC is hereby GRANTED and the proceeding is dismissed without prejudice. By the Commission. Lynn Powalski Deputy Secretary