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ITED STATES OF AMERICA ITED STATES OF AMERICA

ITED STATES OF AMERICA - PDF document

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ITED STATES OF AMERICA - PPT Presentation

UN before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No 90462 November 19 2020 Admin Proc File No 3 1 9 4 50 In the Matter of PHYSICIAN HEALTHCARE PLAN ID: 839324

service order plan securities order service securities plan healthcare physician oip 201 jersey 2019 commission exchange default respondents filed

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1 UN ITED STATES OF AMERICA before the
UN ITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 90462 / November 19, 2020 Admin. Proc. File No. 3 - 1 9 4 50 In the Matter of PHYSICIAN HEALTHCARE PLAN OF NEW JERSEY, INC., TEDA TECHNOLOG IES INTERNATIONAL, I NC., AND UCELLIT.COM, INC . ORDER TO SHOW CAUSE The Securities and Exchange Commission (“Commission”) issued an Order Instituting Proceedings ( “ OIP ” ) on September 1 3 , 201 9 , pursuant to Section 12(j) of the Securities Exchange Act of 1934 , against r espondent s Physician Healthcare Plan of New Jersey, Inc., Teda Technologies International , Inc., and Ucellit.com , Inc. (collectively, “Respondents”) . 1 On October 29 , 201 9 , the Division of Enforcement filed a motion for an order entering a default against r espondents Physician Healthcare Plan of New Jersey, Inc. and Teda Technologies International , Inc. and revoking the registration s of their securities. Th e motion included a Declaration of Charles Davis , which state d that , pursuant to Rule 141(a)(2)(ii) of the Commission’s Rules of Practice, service of the OIP was made on Physician Healthcare Plan of New Jersey, Inc . on September 17 , 2019 and service of the OIP was made on Teda Technologies International , Inc. on September 2 6 , 2019 . 2 On December 10, 2019, the Division of Enforcement filed a motion for an order entering a default against respondent Ucellit.com , Inc. The motion included a Declaration of Charles Davis, which stated that, pursuant to Rule 141(a)(2)(ii) , service of the OIP was made on Ucellit.com , Inc. on October 29, 2019. 1 Physician Healthcare Plan of New Jersey, Inc. , Exchange Act Release No. 86966 , 2019 WL 5336713 ( Sept. 1 3 , 201 9 ). 2 17 C.F.R. § 201.141(a)(2)(ii), .141(a)(2)(iv); see Water Splash, Inc. v. Menon , 137 S. Ct. 1504, 1513 & n.7 (2017) (holding that “in cases governed by the Hague Service Convention, servi ce by mail is permissible if two conditions are met: first, the receiving state has not objected to service by mail; and second, service by mail is

2 authorized under otherwise - applicable
authorized under otherwise - applicable law” and noting that Canada does not object to service by mail). 2 As stated in the OIP, Respondents’ answer s w ere required to be filed within ten days of service of the OIP. 3 As of the date of this order, Respondents ha ve not filed answer s . T he prehearing conference and the hearing are thus continued indefinitely . Accordingly, Respondents are ORDERED to SHOW CAUSE by December 3, 2020 , why the registration s of their securities should not be revoked by default due to their failure s to file an answer and to otherwise defend this proceeding. When a party defaults, the allegations in the O IP will be deemed to be true and the Commission may determine the proceeding again st that party upon consideration of the record without holding a public hearing . If Respondents fail to respond to this order to show cause, they may be deemed in default, the proceeding may be determined against them , and their securities may be revoked. 4 Upon review of the filings in response to this order, the Commission will either direct further proceedings by subsequent order or issue a final order resolving the matter. The parties’ attention is called to the Commission’s March 18, 2020 order regardi ng the filing and service of papers and stating that pending further order of the Commission parties to the extent possible shall submit all filings electronically at apfilings@sec.gov . 5 F or the Commission, by the O ffice of the General Counsel, pursuant to delegated authority. Vanessa A. Countryman Secretary 3 Ru les of Practice 151(a), 160(b), 220(b), 17 C.F.R. §§ 201.151(a), . 160(b), . 220(b). 4 Rules of Practice 155, 180, 17 C.F.R. § 201. 155, . 180; see Physician Healthcare Plan of New Jersey, Inc. , 2019 WL 5336713 ( “If Respondents fail to file the directed Answers, . . . [they] may be deemed in default and the proceedings may be determined against them . . . .”). 5 See Pending Administrative Proceedings , Exchange Act Release No. 88415, https://www.sec.gov/litigation/opinions/2020/33 - 10767.pdf