Reminder notice - important date - 25 JUN 2007
The Ontario Securities Commission Extends the Temporary Orders Until June 25, 2007 at 2:15 p.m. (Announcement)
New York, NY, Jun 15, 2007 (Pink Sheets News Service) — IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF
JASON WONG, DAVID WATSON, NATHAN ROGERS,
AMY GILES, JOHN SPARROW, KERVIN FINDLAY, LEASESMART, INC.,
ADVANCED GROWING SYSTEMS, INC., PHARM CONTROL LTD.,
THE BIGHUB.COM, INC., UNIVERSAL SEISMIC ASSOCIATES INC.,
POCKETOP CORPORATION, ASIA TELECOM LTD., INTERNATIONAL ENERGY LTD., CAMBRIDGE RESOURCES CORPORATION, NUTRIONE CORPORATION AND
SELECT AMERICAN TRANSFER CO.
TEMPORARY ORDER
(Sections 127(1), and (5))
WHEREAS, on May 18, 2007, the Ontario Securities Commission (the "Commission") made an order, pursuant to subsections 127(1) and (5) of the Act, that:
trading in the securities of the following companies shall cease and that any exemptions contained in Ontario securities law do not apply to them: The Bighub.Com, Inc. ("Bighub.Com"); Advanced Growing Systems, Inc. ("Advanced Growing Systems"); LeaseSmart, Inc. ("LeaseSmart"); Cambridge Resources Corporation ("Cambridge Resources"); NutriOne Corporation ("NutriOne"); International Energy Ltd. ("International Energy"); Universal Seismic Associates Inc. ("Universal Seismic"); Pocketop Corporation ("Pocketop"); Asia Telecom Ltd. ("Asia Telecom"); and Pharm Control Ltd. ("Pharm Control"); and
all trading in any securities by Jason Wong, David Watson, Nathan Rogers, Amy Giles, John Sparrow and Kervin Findlay shall cease;
AND WHEREAS on May 22, 2007, by further order of the Commission made pursuant to subsections 127(1) and (5) of the Act, it was ordered that trading in any securities by Select American Transfer Co. ("Select American") shall cease and that any exemptions contained in Ontario securities law do not apply to them;
AND WHEREAS the Respondents Jason Wong, Pharm Control, NutriOne and Select American have consented to an extension of the temporary orders dated May 18 and May 22, 2007 (the "Temporary Orders") until June 25, 2007;
AND UPON HEARING submissions from counsel for Staff of the Commission, counsel for Pharm Control, and on behalf of Jason Wong, NutriOne and Select American as to their consent to the extension of the Temporary Orders until June 25, 2007, with no one appearing for Bighub.Com, Advanced Growing Systems, LeaseSmart, Cambridge Resources, NutriOne, International Energy, Universal Seismic, Pocketop, and Asia Telecom;
AND WHEREAS staff has advised that it is not seeking an extension of that part of the Temporary Orders which order that any exemptions contained in Ontario securities law do not apply to the Respondents;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED THAT:
the hearing to extend the Temporary Orders is adjourned until June 25, 2007 at 2:15 p.m.; and pursuant to subsection 127 (8) of the Act, the Temporary Orders are extended until June 25, 2007 or until further order of the Commission, with the exception that the part of the Temporary Orders which order that any exemptions contained in Ontario securities law do not apply to the Respondents shall not be extended.
The Ontario Securities Commission has information for investors and members of the general public on topics directly related to this action. See http://www.osc.gov.on.ca/Regulation/Orders/2007/ord_20070608_223_wongj.jsp
DATED at Toronto this 1st day of June, 2007.
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