0001214659-12-001146.txt : 20120315 0001214659-12-001146.hdr.sgml : 20120315 20120314184246 ACCESSION NUMBER: 0001214659-12-001146 CONFORMED SUBMISSION TYPE: RW PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120315 DATE AS OF CHANGE: 20120314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PENNY AUCTION SOLUTIONS INC CENTRAL INDEX KEY: 0001502974 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 273332009 STATE OF INCORPORATION: NV FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: RW SEC ACT: SEC FILE NUMBER: 333-172038 FILM NUMBER: 12691546 BUSINESS ADDRESS: STREET 1: 7964 ARJONS DR. STREET 2: STE H-206 CITY: SAN DIEGO STATE: CA ZIP: 92126 BUSINESS PHONE: (866)937-8057 MAIL ADDRESS: STREET 1: 7964 ARJONS DR. STREET 2: STE H-206 CITY: SAN DIEGO STATE: CA ZIP: 92126 RW 1 f314120rw.htm f314120rw.htm
[Letterhead of Penny Auction Solutions, Inc.]


March 13, 2012

VIA IDEA

Securities and Exchange Commission
Washington, D.C. 20549
Attn:  H. Christopher Owings

            
Re:          
Penny Auction Solutions, Inc.
   
Request to Withdraw Registration Statement on Form S-1
   
File No. 333-172038
 
Dear Mr. Owings:

Penny Auction Solutions, Inc., a Nevada corporation (the "Company"), hereby requests pursuant to Rule 477 under the Securities Act of 1933, as amended, to withdraw from registration the Registration Statement on Form S-1 (File No. 333-172038) (the "Registration Statement"), originally filed by the Company with the Securities and Exchange Commission (the "Commission") on February 3, 2011. No shares of common stock were sold pursuant to the Registration Statement. The Company may undertake a subsequent private offering in reliance on Rule 155(c).

The Company requests that the Commission consent to this application on the grounds that the withdrawal of the Registration Statement is consistent with the public interest and the protection of investors, as contemplated by paragraph (a) of Rule 477.

Please provide the Company with a copy of the order granting withdrawal of the Registration Statement as soon as it is available.

If you have any questions regarding this request for withdrawal, please contact Gregory R. Carney of Indeglia & Carney, P.C., counsel for the Company, at (949) 679-9560.

 
Sincerely,
   
 
PENNY AUCTION SOLUTOINS INC.
   
  By: 
/s/ Michael Holt
 
Michael Holt, President


cc: Gregory R. Carney, Esq.