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what blog site was that found on?
I give up Bruce--have fun living in Fantasyland--please do not even respond to this---i for one have heard enough of your lunacy---there always one of you on every board---major problem I feel with the internet and FREE message boards
Bruce if we scan and post a settlement report--that ofcourse can be verified--will you face the light here that you are wrong? simple yes or no question?
Bruce you are hilarious at this point---good luck my friend
We could show buy and sells and settlements and Bruce would still argue that they werent real---leave him be--i actually feel bad for him at this point
FEES to the SEC? which might those be? ETGG is a non reporting pink sheet--pays ZERO to the SEC Bruce again with no disrespect at all--its obvious you are very inexperienced in this arena and also refuse to see the facts---why I have no clue--but do yourself a favor and stop making yourself look foolish--i say that as a fellow person and with compassion towards you as such.
ETGG low out low float
REBEL Oil was a name change done at the statel level only by old management---Rebel Oil from what I can see no longer exists--ETGG is completely brand new company, management and share structure
LOOK at the dates BRUCE!!!!! its getting scary how you come on here and with all this info and apparently have no CLUE what you are looking at----the amendments signed by BROWN are from 2008 and earlier as the same with all the info you post on here---move on Bruce!!!
paste this document Bruce--it doesnt exist--know one has heard from or been able to locate Steve Brown in almost 5 years
Bruce you are looking at the file that contains all the articles and amendments of the company since inception as is required by the OTC to be filed---the amendment showing steven brown is 4 years old--look at the latest from 2012--showing new officer list and Peter Scalise as President---again Bruce--give up this witch hunt you are way out of line and living in the past and you are quite frankly and i honestly mean this with no disrespect making yourself look foolish
whats docs are you looking at?--all new people--look at the CEO signature on the disclosure statement--new CEO--look at all the info on the OTC Markets---all brand new----new website--new everything---ETGG is a public vehicle--what happened in the past with the old company-old management--old transfer agent --has ZERO to do with the new company--new management and new TA
non reporting pink sheets dont file anything with the SEC and are not required to do so---but OTC lists all filings from the past so ofcourse most were from 2007-2008 that was 5 years before the new management came in and cleaned up the company---hence the NEW and up to date filings of 2012
Bruce refuses to realize the fact ETGG is current and squeeky clean--he for some reason cant let go of the past from 5 years ago--copmany website looks very promising and all is up to date on OTC Markets
Captain Bruce!!!!
bruce you are so utterly and completely clueless its ridiculous at this point-- a debate is a waste of time cause you seem to have a very one track VERY outdated frame of mind and quite frankly dont seem to have a real grasp of the actual situation--albeit you think you do--your 'FACTS' again are way off and way outdated--find another board to waste peoples time with your incredible as you put it DD--its getting as you seem to be real OLD
again a chart from 5 years ago!!! no need to say anymore than that
ATTENTION Bruce predicts a front run and massive P&D with the 50,000 shares bought in last 2 days!!!!!!--wow massive--someone is about to hit the jackpot and make $30 bucks!!!! find another board to waste peoples time on
ok Bruce i give up-you obviously refuse to face the facts that your news is old---you say this is exactly what happened before--does that mean you were a shareholder and know this first hand? again care to share some evidence of your claims with the members of this board?
near 50k shares were bought yesterday--you expect me to beleive the MMs are trading fraudulent stock? cmon Bruce give up already----how about to settle this once and for all--you put in a buy order right now for 1000 shares at 6 cents? watch it get filled---when it does will you admit your news is old?
no Graus actually never heard of the other two and nice to go the scammer accusation route===hopefully grounds to get you banned from this board---your contributing nothing to the possible future of the company and again refuse to check into 2012 facts--im done responding to you--waste of time
spoke the last atty on record for ETGG and has zero knowledge of what you speak of in regard to a settlement with the shell purchaser
i find it funny that you continue with this as im sure all else do as well but you will not take the step to call the TA-DTC and OTC to verify the FACT that the there are no fraudulent shares and company has no issues---i assure you this has been VERIFIED
why do refuse to accept that fact Bruce? again we ask are you a shareholder? if not why continue down this path of misleading people with outdated info
read what it says in the "smoking gun" you provided!!!
The penalties stem from a scheme in which Mr. Boock, 55, and others stole the identities of inactive pink sheets companies by filing false paperwork with the Cusip Bureau and multiple secretaries of state. They then sold the companies as shells to various buyers between 2003 and 2007. One went on to become Toronto Stock Exchange listing Paramount Gold and Silver Corp., and another became Surrey-based pink sheets listing World Hockey Association Corp. (There were no allegations of wrongdoing against the companies themselves.) In settling the case, Mr. Boock agreed to disgorge $145,300 in illegal gains, to pay a $70,000 administrative penalty and to pay hearing costs of $55,000.
see what it says "THERE WERE NO ALLEGATIONS OF WRONGDOING AGAINST THE COMPANIES THEMSELVES" period end of story
and you insist on rambling on about fraudulently issued shares---yes was done with some of the companies that the crooks used their own TA=not with Enerbrite=again do some current research instead of quoting 5 year old news---CALL the TA--call the DTC call OTC Markets and you will hear and VERY clearly there are ZERO issues with ETGG or its shares--
for anyone looking to take over and revitalize ETGG it would be great for them if all the shares were indeed fraudulent because they could freeze them at TA and take them off the market cap gaining them that much more ownership in the company
lets make this real simple--are you an ETGG shareholder Bruce?--if not end of story--if you are please provide evidence that the shares you own are fraudulent and a statement from broker saying cant clear them because of that fact---can you provide that? if not please move on
exactly correct there are none cause there are no issues with ETGG--if there were they would be there and OTC would never quote this security
no disrespect Bruce but you are coming here calling other people foolish then making statements that there is no TA? Olde Monmouth Stock Transfer 732-872-2727 call them they are TA for ETGG---again no DTC issues!!! yes case was settled in Cananda(SETTLEMENT agreement appears below)----these guys were scammers no question--the case was settled against the scammers and the frauds they committed in stealing the identities of these companies--again you claim there is an ongoing US SEC investigation--that as you will see below was settled as well with sanctions against the fraudsters only thing pending is amount of disgorgement they are to pay---your info is 5 years old Bruce and old news--shells can be cleaned up no matter their past
Securities valeurs mobilières 20 Queen Street West 20, rue queen ouest
Commission de l’Ontario Toronto ON M5H 3S8 Toronto ON M5H 3S8
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, as amended
- and -
IN THE MATTER OF
IRWIN BOOCK, STANTON DEFREITAS, JASON WONG,
SAUDIA ALLIE, ALENA DUBINSKY, ALEX KHODJAIANTS
SELECT AMERICAN TRANSFER CO.,
LEASESMART, INC., ADVANCED GROWING SYSTEMS, INC.,
INTERNATIONAL ENERGY LTD., NUTRIONE CORPORATION,
POCKETOP CORPORATION, ASIA TELECOM LTD.,
PHARM CONTROL LTD., CAMBRIDGE RESOURCES CORPORATION,
COMPUSHARE TRANSFER CORPORATION,
FEDERATED PURCHASER, INC., TCC INDUSTRIES, INC., FIRST NATIONAL
ENTERTAINMENT CORPORATION, WGI HOLDINGS, INC.
and ENERBRITE TECHNOLOGIES GROUP
SETTLEMENT AGREEMENT
BETWEEN STAFF AND IRWIN BOOCK
PART I - INTRODUCTION
1. By Amended Notice of Hearing dated January 5, 2012, the Ontario Securities
Commission (the “Commission”) announced that it proposed to hold a hearing, pursuant to
sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), to
consider whether it is in the public interest to make orders, as specified therein, against Irwin
Boock (“Boock”), Stanton DeFreitas (“DeFrietas”), Jason Wong (“Wong”), Saudia Allie
(“Allie”), Alena Dubinsky (“Dubinsky”), Alex Khodjaiants (“Khodjaiants”), Select American
Transfer Co., (“Select American”), LeaseSmart, Inc. (“LeaseSmart”); Advanced Growing
2
Systems, Inc. (formerly, The Bighub.com, Inc.) (“Bighub”); NutriOne Corporation
(“NutriOne”); International Energy Ltd. (“International Energy”); Pocketop Corporation
(formerly, Universal Seismic, Inc.) (“Pocketop”); Asia Telecom Ltd. (“Asia Telecom”); Pharm
Control Ltd. (“Pharm Control”); Cambridge Resources Corporation (“Cambridge Resources”);
Compushare Transfer Corporation (“Compushare”), WGI Holdings, Inc. (“WGI Holdings”);
Federated Purchaser, Inc. (“Federated Purchaser”); First National Entertainment Corporation
(“First National”); TCC Industries, Inc. (“TCC Industries”); and Enerbrite Technologies Group
Inc. (“Enerbrite”). The Amended Notice of Hearing was issued in connection with the
allegations as set out in the Amended Statement of Allegations of Staff of the Commission
(“Staff”) dated January 4, 2012.
2. The Commission will issue a Notice of Hearing to announce that it will hold a hearing to
consider whether, pursuant to section 127 of the Act, it is in the public interest for the
Commission to approve this Settlement Agreement and to make certain orders in respect of
Boock.
PART II – JOINT SETTLEMENT RECOMMENDATION
3. Staff agree to recommend settlement of the proceeding initiated by the amended Notice
of Hearing dated January 5, 2012 against Boock (the “Proceeding”) in accordance with the terms
and conditions set out below. Boock consents to the making of an order in the form attached as
Schedule “A”, based on the facts set out below.
PART III – AGREED FACTS
4. Boock agrees with the facts set out in Part III. To the extent Boock does not have direct
personal knowledge of certain facts as described below, Boock believes the facts to be true and
accurate.
3
5. Staff and Boock agree that the facts and admissions set out in Part III and Part IV for the
purpose of this settlement are without prejudice to Boock in any other proceedings of any kind
including, but without limiting the generality of the foregoing, any other proceedings brought by
the Commission under the Securities Act (subject to paragraph 41 below) or any civil or other
proceedings currently pending or which may be brought by any other person, corporation or
agency (subject to paragraph 39 below). Nothing in this settlement agreement is intended to be
an admission of civil or criminal liability by Boock to any person or company; such liability is
expressly denied by Boock.
6. Select American is a Delaware corporation that was established by Boock in April 2005
with the assistance of DeFreitas and Wong. Select American was operated as a transfer agent, by
DeFreitas and with the active involvement and oversight by Boock and Wong, using nominees
and aliases until April 2007 when it was sold and underwent a name change to Fairross Transfer
Agent, which never carried on business. Select American was the subject of a cease trade order
issued by the Commission on May 18, 2007.
7. Compushare Transfer Corporation (“Compushare”) is also a Delaware corporation that
operated out of Toronto as a transfer agent. Compushare was incorporated by Boock in
September 2006 and was operated by him using aliases and nominees until May 2008, when it
ceased operations due to cease trade orders and other regulatory action by the Commission.
8. By virtue of the corporate hijacking scheme described herein, the following entities are
fraudulently created U.S. corporations, the securities of which were quoted for trading on the
Pink Sheets LLC in the over-the-counter securities market in the U.S.:
(a) LeaseSmart, Inc.;
(b) Advanced Growing Systems, Inc. (formerly, The Bighub.com, Inc.);
(c) NutriOne Corporation;
(d) International Energy Ltd.;
(e) Pocketop Corporation (formerly, Universal Seismic, Inc.);
(f) Asia Telecom Ltd.;
4
(g) Pharm Control Ltd.;
(h) Cambridge Resources Corporation;
(i) Federated Purchaser, Inc.;
(j) TCC Industries, Inc.; and
(k) Enerbrite Technologies Group Inc.
(collectively, the “Issuers”).
9. Select American and Compushare acted as the transfer agents to the Issuers and were the
primary vehicles through which the corporate hijackings and share issuances were carried out.
i) THE FRAUDULENT SECURITIES SCHEME
A. Corporate Hijacking
10. The corporate hijacking scheme used to perpetrate securities fraud with respect to the
Issuer Respondents was carried out in the following manner:
(a) Corporate documents were filed with the relevant Secretary of
State in the U.S. (either Delaware, Nevada, California or Florida) to
incorporate a company with the same name as a defunct public issuer.
Typically, the directors, officers and registered agents listed on the
corporate documents were either fictitious identities or nominees and the
purported corporate addresses for the newly created entities would be
mailbox locations obtained through UPS or other virtual mailbox
providers;
(b) Shortly thereafter, amendment documents were filed with the
relevant Secretary of State to effect a name change of the newly created
5
entity and a consolidation of the company’s shares in the form of a reverse
stock split;
(c) Subsequently, steps were taken to obtain a new CUSIP number (a
unique identifier for most issued securities which appears on the face of
the security) for the renamed, newly created entity as if it was the
successor company to the defunct public issuer; and
(d) Documents containing false representations were then filed by the
transfer agent with NASDAQ to obtain a new trading symbol for the
renamed company and to effect the reverse stock split of the company’s
shares thereby minimizing the share capital of the legitimate shareholders.
B. Select American Transfer Co.
11. DeFreitas, Boock and Wong were involved in the creation of Select American.
Between April and August 2005, DeFreitas and Wong operated Select American jointly and
were the directing minds of Select American with Boock providing material advice on a number
of matters including how to run the company. Boock worked primarily to assist in the hijacking
of defunct corporate entities for illegal purposes.
12. Between April 2005 and July 2005, Boock, with assistance from DeFreitas and Wong,
usurped the corporate identity of a number of defunct public issuers using the corporate hijacking
scheme described above, including but not limited to LeaseSmart, Bighub, and International
Energy.
13. Boock, DeFreitas and Wong, using Select American as the vehicle, caused the
companies to obtain quotations for trading on the Pink Sheets as if they were the legitimate
defunct public issuers whose identities had been hijacked and, further, caused the companies to
issue fraudulent shares.
6
14. In or around August 2005, Wong ceased to be openly involved in the daily operations of
Select American. DeFreitas continued to operate Select American using aliases and nominees,
with the continued involvement and oversight of Boock.
15. Following Wong’s departure, Boock with assistance from DeFreitas, created additional
fraudulent shell companies for which Select American acted as the transfer agent, including but
not limited to Pocketop, Asia Telecom, and Pharm Control.
16. Boock and DeFreitas, using Select American as the vehicle, caused the companies to
obtain quotations for trading on the Pink Sheets as if they were the legitimate defunct public
issuers whose identities had been hijacked and, further, caused the companies to issue fraudulent
shares.
17. In certain cases, DeFreitas and Wong, on the instructions of Boock, also caused these
companies to set up false web sites and issue false or promotional press releases as a means of
creating a market for the fraudulent shares.
18. Some of the fraudulently created shell companies were sold to third parties who were
seeking to “go public” by way of a reverse takeover or reverse merger with an existing privatelyheld
company. In other cases, the fraudulent shell companies were purely vehicles to issue and
trade fraudulent securities.
C. Compushare as a Vehicle for Additional Shell Companies
19. Between August 2006 and March 2007, Boock used Compushare as a separate vehicle
through which to perpetrate securities fraud. In that period, Boock created the following
fraudulent entities: Federated Purchaser and Enerbrite.
7
20. Using Compushare as the vehicle, Boock then caused the companies to obtain
quotations for trading on the Pink Sheets as if they were the legitimate defunct public issuers
whose identities had been hijacked and, further, caused the companies to issue fraudulent shares.
D. Cease Trade of Select American and Continued Operation of Compushare
21. In or around April 2007, DeFreitas caused Select American to be sold to a third party in
Montreal. Shortly thereafter, on or around May 18, 2007, the Commission issued temporary
cease trade orders in respect of Select American and others, including DeFreitas and the
fraudulent shell companies identified above for which Select American was the transfer agent.
Following the cease trade orders, Select American ceased operations.
22. Boock, however, continued to perpetrate securities fraud using Compushare as the
vehicle to carry out corporate hijackings and to issue and trade securities of the hijacked entities.
23. In February 2008, Boock incorporated TCC Industries. Compushare acted as the
transfer agent and, using Compushare as the vehicle, Boock caused the entity to issue fraudulent
shares.
E. Cease Trade of Compushare
24. On May 5, 2008, the Commission issued temporary cease trade orders against Boock,
Compushare and others, including the fraudulently created entities for which Compushare acted
as the transfer agent. Following the cease trade orders issued by the Commission, Compushare
ceased operations.
F. Trading by Boock
25. In January 2007, Boock and DeFreitas arranged for the opening of a corporate trading at
Scottrade, a retail brokerage firm in the U.S. that offers discount brokerage services online, in
order to trade additional fraudulent securities (the “Scottrade Account”). The Scottrade Account
8
was opened in the name of For Better Living Inc., a company created by DeFreitas and Boock
using at least one alias.
26. In February and March 2007, Boock and DeFreitas caused share certificates representing
millions of fraudulent shares in International Energy, Asia Telecom, Pharm Control and
Universe Seismic to be issued by the respective entities and to be deposited to the Scottrade
Account. Using the online trading services of Scottrade, Boock sold these fraudulently issued
shares from Ontario between February and October 2007. IP addresses for login sessions to this
account verify that 82 of the 84 trading sessions in the Scottrade account originated from
Boock’s home address. By July 2007 in excess of $150,000 was in the account.
27. In July 2007, approximately $120,000 of the proceeds of the trading in the Scottrade
Account were transferred to Ontario to a third party account owned by a numbered company
which was not owned by or affiliated with Boock.
PART IV - CONDUCT CONTRARY TO THE ACT AND
CONTRARY TO THE PUBLIC INTEREST
28. Boock, by his involvement in the securities scheme described above, engaged in acts,
practices or courses of conduct relating to securities that he knew or reasonably ought to have
known resulted in or contributed to a misleading appearance of trading activity in, or an artificial
price for, the securities contrary to subsection 126.1(a) of the Act and, further, perpetrated a
fraud on persons or companies contrary to subsection 126.1(b) of the Act.
29. Boock admits and acknowledges that he acted contrary to the public interest by
contravening Ontario securities law as set out in paragraph 28 above.
PART V – SECURITIES AND EXCHANGE COMMISSION PROCEEDINGS
30. On September 29, 2009, the Securities and Exchange Commission of the United States
(“SEC”) initiated an action in the United States District Court for the Southern District of New
9
York (“NY District Court”) naming Boock, DeFreitas and Wong and two others as defendants
(the “SEC action”) which alleged breaches of U.S. federal securities laws. The conduct
underlying the alleged breaches also forms the basis of the Statement of Allegations issued by
Staff in this proceeding.
31. On March 26, 2010, the NY District Court entered a default judgment against Boock and
DeFreitas. A motion by the SEC for summary judgment against Wong was granted on August
25, 2011 and a reconsideration of the summary judgment was dismissed on November 9, 2011.
A proceeding to determine the amount of the disgorgement to be required of Boock, DeFreitas
and Wong is pending.
32. Boock has previously been a respondent in a matter involving the SEC. On November
22, 2002, in SEC v. Leah Industries, Inc., a consent judgment was entered against Boock
enjoining him against trading in penny stocks, ordering the disgorgement of $379,619 and the
payment of a civil penalty of $50,000. The monetary relief has not been paid.
PART V – ONTARIO PROCEEDINGS
33. Boock has been involved in breaches of the Act previously. On January 2, 1991, Boock,
under a previous name, settled outstanding allegations with the Ontario Securities Commission
(the “Commission”), which included the filing of forged documents with the Commission and a
transfer agent. Boock paid $15,000, and was banned from trading, or being a director, officer,
promoter or 10% shareholder of a public company for ten years.
34. In May 1993, Boock was convicted of fraud, attempted fraud, false pretences, forgery
and uttering forged documents. He was sentenced to three years imprisonment on each charge,
to be served concurrently, and ordered to pay restitution of $64,449.70.
35. In September, 1998, Boock was charged with fraud over $5,000 and received a
suspended sentence and two years probation.
10
PART VI - TERMS OF SETTLEMENT
36. Boock agrees to the terms of settlement listed below.
37. The Commission will make an order, pursuant to subsection 127(1) of the Act, that:
(a) the Settlement Agreement is approved;
(b) trading in any securities by Boock cease permanently from the date of the
approval of the Settlement Agreement;
(c) the acquisition of any securities by Boock is prohibited permanently from the
date of the approval of the Settlement Agreement;
(d) any exemptions contained in Ontario securities law do not apply to Boock
permanently from the date of the approval of the Settlement Agreement;
(e) Boock is reprimanded;
(f) Boock is prohibited permanently from the date of the approval of the Settlement
Agreement from becoming or acting as a director or officer of any issuer,
registrant, or investment fund manager;
(g) Boock is prohibited permanently from becoming or acting as a registrant, as an
investment fund manager or as a promoter;
(h) Boock shall pay an administrative penalty in the amount of $70,000 for his
failure to comply with Ontario securities law; and
(i) Boock shall disgorge to the Commission the amount of $145,300 obtained as a
result of his non-compliance with Ontario securities law; and
11
(j) Boock shall pay costs of in the amount of $55,000.
38. Any amounts paid to the Commission under the disgorgement and administrative
penalty orders in this matter shall be allocated to or for the benefit of third parties other than
Boock, including investors, in accordance with subsection 3.4(2)(b) of the Act.
39. Boock undertakes to consent to a regulatory Order made by any provincial or territorial
securities regulatory authority in Canada containing any or all of the sanctions set out in subparagraphs
37(a) to 37(g) above.
PART VI - STAFF COMMITMENT
40. If this Settlement Agreement is approved by the Commission, Staff will not initiate any
other proceeding under the Act against Boock in relation to the facts set out in Part III herein,
subject to the provisions of paragraph 41 below.
41. If this Settlement Agreement is approved by the Commission, and at any subsequent
time Boock fails to comply with any of the terms of the Settlement Agreement, Staff reserve the
right to bring proceedings under Ontario securities law against Boock based on, but not limited
to, the facts set out in Part III herein as well as the breach of the Settlement Agreement. The
Commission is entitled to bring any proceedings necessary to recover the amounts set out in
paragraphs 37 (h), (i) and (j).
PART VII - PROCEDURE FOR APPROVAL OF SETTLEMENT
42. Approval of this Settlement Agreement will be sought at a hearing of the Commission
scheduled on a date to be determined by the Secretary to the Commission, or such other date as
may be agreed to by Staff and Boock for the scheduling of the hearing to consider the Settlement
Agreement.
12
43. Staff and Boock agree that this Settlement Agreement will constitute the entirety of the
agreed facts to be submitted at the settlement hearing regarding Boock’s conduct in this matter,
unless the parties agree that further facts should be submitted at the settlement hearing.
44. If this Settlement Agreement is approved by the Commission, Boock agrees to waive all
rights to a full hearing, judicial review or appeal of this matter under the Act.
45. If this Settlement Agreement is approved by the Commission, neither Staff nor Boock
will make any public statement that is inconsistent with this Settlement Agreement or
inconsistent with any additional agreed facts submitted at the settlement hearing.
46. Whether or not this Settlement Agreement is approved by the Commission, Boock
agrees that he will not, in any proceeding, refer to or rely upon this Settlement Agreement or the
settlement negotiations as the basis of any attack on the Commission's jurisdiction, alleged bias
or appearance of bias, alleged unfairness or any other remedies or challenges that may otherwise
be available.
PART VIII – DISCLOSURE OF SETTLEMENT AGREEMENT
47. If, for any reason whatsoever, this Settlement Agreement is not approved by the
Commission or the order attached as Schedule "A" is not made by the Commission:
(a) this Settlement Agreement and its terms, including all settlement negotiations
between Staff and Boock leading up to its presentation at the settlement hearing,
shall be without prejudice to Staff and Boock; and
(b) Staff and Boock shall be entitled to all available proceedings, remedies and
challenges, including proceeding to a hearing on the merits of the allegations in
the Notice of Hearing and Statement of Allegations of Staff, unaffected by the
Settlement Agreement or the settlement discussions/negotiations.
13
48. The terms of this Settlement Agreement will be treated as confidential by all parties
hereto and obligations of confidentiality shall terminate upon commencement of the public
hearing. The terms of the Settlement Agreement will be treated as confidential forever if the
Settlement Agreement is not approved for any reason whatsoever by the Commission, except
with the written consent of Boock and Staff or as may be required by law.
PART IX - EXECUTION OF SETTLEMENT AGREEMENT
49. This Settlement Agreement may be signed in one or more counterparts which together
will constitute a binding agreement.
50. A facsimile copy of any signature will be as effective as an original signature.
Dated this “10th” day of February, 2012
Signed in the presence of:
“Donna Campbell” “Irwin Boock”
Witness: Irwin Boock
Dated this “10th” day of February, 2012
“Tom Atkinson”
STAFF OF THE ONTARIO SECURITIES COMMISSION
per Tom Atkinson
Director, Enforcement Branch
Dated this “10th” day of February, 2012
Ontario Commission des P.O. Box 55, 19th Floor CP 55, 19e étage
Securities valeurs mobilières 20 Queen Street West 20, rue queen ouest
Commission de l’Ontario Toronto ON M5H 3S8 Toronto ON M5H 3S8
Schedule “A”
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, as amended
- and -
IN THE MATTER OF
IRWIN BOOCK, STANTON DEFREITAS, JASON WONG,
SAUDIA ALLIE, ALENA DUBINSKY, ALEX KHODJAIANTS
SELECT AMERICAN TRANSFER CO.,
LEASESMART, INC., ADVANCED GROWING SYSTEMS, INC.,
INTERNATIONAL ENERGY LTD., NUTRIONE CORPORATION,
POCKETOP CORPORATION, ASIA TELECOM LTD.,
PHARM CONTROL LTD., CAMBRIDGE RESOURCES CORPORATION,
COMPUSHARE TRANSFER CORPORATION,
FEDERATED PURCHASER, INC., TCC INDUSTRIES, INC., FIRST NATIONAL
ENTERTAINMENT CORPORATION, WGI HOLDINGS, INC.
and ENERBRITE TECHNOLOGIES GROUP
- and -
IN THE MATTER OF A SETTLEMENT AGREEMENT BETWEEN STAFF OF THE
ONTARIO SECURITIES COMMISSION AND IRWIN BOOCK
ORDER
(Section 127(1)
WHEREAS by Amended Notice of Hearing dated January 5, 2012, the Ontario
Securities Commission (the “Commission”) announced that it proposed to hold a hearing,
pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the
“Act”), to consider whether it is in the public interest to make orders, as specified therein, against
Irwin Boock (“Boock”), Stanton DeFreitas (“DeFrietas”), Jason Wong (“Wong”), Saudia Allie
(“Allie”), Alena Dubinsky (“Dubinsky”), Alex Khodjaiants (“Khodjaiants”), Select American
Transfer Co., (“Select American”), LeaseSmart, Inc. (“LeaseSmart”); Advanced Growing
2
Systems, Inc. (formerly, The Bighub.com, Inc.) (“Bighub”); NutriOne Corporation
(“NutriOne”); International Energy Ltd. (“International Energy”); Pocketop Corporation
(formerly, Universal Seismic, Inc.) (“Pocketop”); Asia Telecom Ltd. (“Asia Telecom”); Pharm
Control Ltd. (“Pharm Control”); Cambridge Resources Corporation (“Cambridge Resources”);
Compushare Transfer Corporation (“Compushare”), WGI Holdings, Inc. (“WGI Holdings”);
Federated Purchaser, Inc. (“Federated Purchaser”); First National Entertainment Corporation
(“First National”); TCC Industries, Inc. (“TCC Industries”); and Enerbrite Technologies Group
Inc. (“Enerbrite”). The Amended Notice of Hearing was issued in connection with the
allegations as set out in the Amended Statement of Allegations of Staff of the Commission
(“Staff”) dated January 4, 2012.
AND WHEREAS Boock entered into a settlement agreement with Staff dated
February_____, 2012 (the "Settlement Agreement") in which Boock agreed to a proposed
settlement of the proceeding commenced by the Amended Notice of Hearing dated January 5,
2012, subject to the approval of the Commission;
WHEREAS on February ____, 2012, the Commission issued a Notice of Hearing
pursuant to section 127 of the Act to announce that it proposed to hold a hearing to consider
whether it is in the public interest to approve a settlement agreement entered into between Staff
and Boock;
AND UPON reviewing the Settlement Agreement, the Notices of Hearing, and the
Statement of Allegations of Staff, and upon hearing submissions from Boock and from Staff;
AND WHEREAS the Commission is of the opinion that it is in the public interest to
make this order;
IT IS HEREBY ORDERED THAT:
(a) the Settlement Agreement is approved;
(b) pursuant to clause 2 of subsection 127(1) of the Act, trading in any securities by Boock
shall cease permanently from the date of the approval of the Settlement Agreement;
3
(c) pursuant to clause 2.1 of subsection 127(1) of the Act, the acquisition of any securities
by Boock is prohibited permanently from the date of the approval of the Settlement
Agreement;
(d) pursuant to clause 3 of subsection 127(1) of the Act, any exemptions contained in Ontario
securities law do not apply to Boock permanently from the date of the approval of the
Settlement Agreement;
(e) pursuant to clause 6 of subsection 127(1) of the Act, Boock is reprimanded;
(f) pursuant to clauses 8, 8.2, and 8.4 of subsection 127(1) of the Act, Boock is prohibited
permanently from becoming or acting as a director or officer of any issuer, registrant, or
investment fund manager from the date of the approval of the Settlement Agreement;
(g) pursuant to clause 8.5 of subsection 127(1) of the Act, Boock is prohibited permanently
from becoming or acting as a registrant, as an investment fund manager or as a promoter
from the date of the approval of the Settlement Agreement;
(h) pursuant to clause 9 of subsection 127(1) of the Act, Boock shall pay an administrative
penalty in the amount of $70,000 for his failure to comply with Ontario securities law;
and
(i) pursuant to clause 10 of subsection 127(1) of the Act, Boock shall disgorge to the
Commission the amount of $145,300 obtained as a result of his non-compliance with
Ontario securities law;
(j) pursuant to section 127.1 of the Act, Boock shall pay costs of $55,000; and
(k) the payments ordered in paragraphs (h), (i) and (j) shall be for allocation to or for the
benefit of third parties other than Boock, including investors in LeaseSmart, Inc.,
Advanced Growing Systems In (formerly the Bighub.com, Inc.), NutriOne Corporation,
International Energy Ltd., Pocketop Corporation (formerly, Universal Seismic, Inc.),
4
Asia Telecom Ltd., PharmControl Ltd., Cambridge Resources Corporation, Federated
Purchaser, Inc., TCC Industries, Inc., First National Entertainment Corporation, WGI
Holdings Inc., and Enerbrite Technologies Group, in accordance with subsection
3.4(2)(b) of the Act.
DATED at Toronto this day of , 2012.
Dated: At Toronto this ____ day of February, 2012.
better keep checking facts Bruce because you are the one who is NOT EVEN CLOSE---call the TA--contact the DTC etc and case was settled against the scammers in Canada--cannot find any trace whatsoever of a US SEC action in this case---its a non reporting pink sheet
no "hijack shares" were EVER issued in Enerbrite----the fraudsters stole the corp identity of a defunct Enerbrite at Nevada state level and SOLD the shell to a 3rd party---they didnt perpetuate the entire scam of issuing shares from their OWN transfer agent and selling them into the market--Enerbrite was a VICTIM of these scammers
If you read the story--yes there was a hijack scam going on and yes the corp "enerbrite" was hijacked at the state level only--meaning name was stolen---if you read further these scammers were issuing shares from a transfer agent that they owned--you will also read some of the stolen identity shells they SOLD to unsuspecting third parties---that was the case with Enerbrite----no shares of Enerbrite were issued from the fake transfer agent--a cease in Canada ofcourse was put in place as that is where the fraudsters resided. There are no US issues of any kind with Enerbrite--the transfer agent is Olde Monmouth in NJ(call them they certainly didnt and would never issue fraudulent certs---i called them about this story to verify its content and their response was "WE DONT RECOGNIZE ANY CANADIEN EXCHANGES OR ISSUES ON THEM AND WE CERTAINLY DONT GIVE ANY CREDENCE WHATSOEVER TO WHAT'S WRITTEN ON ANY MESSAGE BOARDS-PERIOD")---there are no DTC chills of any kind on ETGG (one can easily obtain this info)---would OTC markets still actively quote the stock on their system if all shares were fraudulent? ABSOLUTELY NOT!!! the stock continues to trade although very light---would that occur if shares were fraudulent? ABSOLUTELY NOT!! That would mean that after 5 years Market Makers are still trading fraudulent paper!!! cmon people!!!! its simply a defunct shell with a black eye from these hijackers 5 years ago but can easily be cleaned up-read carefully and between all lines people when listening to posters on any message board--im gonna keep an eye on this one