<SEC-DOCUMENT>0001185185-12-002162.txt : 20121005
<SEC-HEADER>0001185185-12-002162.hdr.sgml : 20121005
<ACCEPTANCE-DATETIME>20121005171437
ACCESSION NUMBER:		0001185185-12-002162
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20121001
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20121005
DATE AS OF CHANGE:		20121005

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Deer Consumer Products, Inc.
		CENTRAL INDEX KEY:			0001388855
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC HOUSEWARES & FANS [3634]
		IRS NUMBER:				205526104
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34407
		FILM NUMBER:		121132974

	BUSINESS ADDRESS:	
		STREET 1:		AREA 2, 1/F, BUILDING M-6,
		STREET 2:		CENTRAL HIGH-TECH INDUSTRIAL PARK
		CITY:			NANSHAN, SHENZHEN
		STATE:			F4
		ZIP:			518057
		BUSINESS PHONE:		(86) 755-8602-8285

	MAIL ADDRESS:	
		STREET 1:		AREA 2, 1/F, BUILDING M-6,
		STREET 2:		CENTRAL HIGH-TECH INDUSTRIAL PARK
		CITY:			NANSHAN, SHENZHEN
		STATE:			F4
		ZIP:			518057

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Tag Events Corp.
		DATE OF NAME CHANGE:	20070205
</SEC-HEADER>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Effective as of October 1, 2012, Arnold F. Staloff (&#8220;Mr. Staloff&#8221;) notified Deer Consumer Products, Inc. (the &#8220;Company&#8221;) of his decision to resign as a member of the Board of Directors of the Company, as Chairman of the Board&#8217;s Audit Committee, and as a member of the Board&#8217;s Compensation and Nominating and Corporate Governance Committees. Mr. Staloff&#8217;s decision to resign was not a result of any disagreement with the Company on any matter relating to the Company&#8217;s operations, policies or practices.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">As a result of the resignation of Mr. Staloff, the Company is currently not in compliance with Listing Rules 5605(b)(1) and 5605(c)(2)(A) of the NASDAQ Stock Market LLC. NASDAQ Listing Rules 5605(b)(1) and 5605(c)(2)(A) require, among other things, that a majority of the Board of Directors be comprised of independent directors as defined in Rule 5605(a)(2) and that the Company&#8217;s Audit Committee be comprised of at least three members. Following Mr. Staloff&#8217;s resignation, the Company&#8217;s Board of Directors consists of two independent directors and two non-independent directors, and the Audit Committee is comprised of two members. <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company notified NASDAQ of its noncompliance with the NASDAQ listing rules described above on October 5, 2012.</font> </font>

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