The registration of the registered securities of Phoenix Metals USA II, Inc. has been revoked. The company had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission (SEC). Thus, it has violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocations were ordered in an administrative proceeding before an administrative law judge.

The Commission instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Phoenix Metals USA II, Inc (TM Media Group, Inc.) for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the ten issuers are delinquent in their required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

TM Media Group Inc. has reached an agreement with its President and Director, Matt Harmon to sell its entertainment assets for $5,000 and 20 million shares of the company's stock. The agreement further calls for Mr. Harmon to form a new corporation in which all TM Media's entertainment assets will be transferred and TM Media's shareholders will receive a distribution totaling 5% of the shares issued and outstanding in the new corporation. As a result of this agreement, Matt Harmon has resigned effective immediately from the Board of Directors and no longer serves as an officer of the company. CFO, Brian Larsen is appointed President and Roger Gary is appointed to the Board.