British Columbia Securities Commission - Cease Trade Order
Dec 14, 2010
OTC Disclosure & News Service
Vancouver, BC, Canada -
2010 BCSECCOM 676
Cease Trade Order
Verify Smart Corp.
Section 164 of the Securities Act, R.S.B.C. 1996, c. 418
¶ 1 Verify Smart Corp. (Verify Smart) is a Nevada corporation that is an OTC reporting issuer under BC Instrument 51-509 Issuers Quoted in the U.S. Over-the-Counter Markets(BCI 51-509).
¶ 2 Verify Smart has not filed:
1. interim financial statements for the interim periods ended September 30, 2009, December 31, 2009, March 31, 2010 and September 30, 2010, as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations(NI 51-102) and section 5(b) of BCI 51-509,
2. comparative annual financial statements for its financial years ended June 30, 2009 and June 30, 2010, as required under Part 4 of NI 51-102 and section 5(b) of BCI 51-509,
3. Form 51-102F1 Management's Discussion and Analysisfor the periods ended June 30, 2009, September 30, 2009, December 31, 2009, March 31, 2010, June 30, 2010 and September 30, 2010, as required under Part 5 of NI 51-102 and section 5(b) of BCI 51-509,
4. Form 51-102F2 Annual Information Formfor the years ended June 30, 2009 and June 30, 2010, as required under section 5(c) of BCI 51-509,
5. copies of its news releases and related material change reports disclosing material changes in its business and affairs since May 15, 2009, including the vesting of its joint venture interest, management changes, and changes relating to its relationship with Vinema Company Ltd., as required under Part 7 of NI 51-102 and section 5(b) of BCI 51-509,
6. copies of the following documents that Verify Smart filed with the United States Securities and Exchange Commission:
(a) Form 10-Q Quarterly Reportfor the period ended March 31, 2009, filed May 20, 2009,
(b) Form 8-K Current Reportdated May 19, 2009, filed May 22, 2009,
(c) Form 8-K Current Reportdated May 27, 2009, filed May 29, 2009,
(d) Form 8-K Current Reportdated March 25, 2009, filed May 29, 2009,
(e) Form 8-K Current Reportdated June 1, 2009, filed June 4, 2009,
(f) Form 8-K Current Reportdated June 1, 2009, filed June 5, 2009,
(g) Form 8-K Current Reportdated May 1, 2009, filed June 10, 2009,
(h) Form 8-K Current Reportdated June 11, 2009, filed June 12, 2009,
(i) Form 8-K Current Reportdated June 19, 2009, filed June 24, 2009,
(j) Form 8-K Current Reportdated July 14, 2009, filed August 20, 2009,
(k) Form 8-K Current Reportdated August 14, 2009, filed September 22, 2009,
(l) Form 8-K Current Reportdated September 22, 2010, filed October 2, 2009,
(m) Form 8-K Current Reportdated August 21, 2009, filed November 4, 2009,
(n) Form 10-KA (Amendment No. 1) Annual Reportfor the fiscal year ended June 30, 2009, filed November 12, 2009,
(o) Form 8-K Current Reportdated October 27, 2009, filed November 16, 2009,
(p) Form 10-Q Quarterly Reportfor the period ended September 30, 2009, filed
November 16, 2009,
(q) Form 8-K Current Reportdated November 15, 2009, filed
November 23, 2009,
(r) Form 8-K Current Reportdated November 25, 2009, filed December 4, 2009,
(s) Form 8-K Current Reportdated December 8, 2009, filed
December 31, 2009,
(t) Form 8-K Current Reportdated December 8, 2009, filed
February 10, 2010,
(u) Form 10-Q Quarterly Reportfor the period ended December 31, 2009, filed February 18, 2010,
(v) Form 10-Q Quarterly Reportfor the period ended March 31, 2010, filed May 7, 2010,
(w) Form 10-K Annual Reportfor the fiscal year ended June 30, 2010, filed September 28, 2010, and
(x) Form 10-Q Quarterly Reportfor the period ended September 30, 2010, filed November 15, 2010,
as required under section 11.1 of NI 51-102 and section 5(b) of BCI 51-509,
and
7. BC Form 51-509F2 Notice of Investor Relations Activities,disclosing agreements with David Karpa, Wei (David) Cheng, Eileen Duperron, Kim Baker, and Intentional and Purposeful Living, as required under section 8 of BCI 51-509,
(the required records).
¶ 3 Under section 164(1) of the Act, the Executive Director orders that all trading in the securities of Verify Smart cease until:
1. it files the required records, completed in accordance with the Act and regulations, and
2. the Executive Director makes an order under section 171 of the Act revoking this order.
¶ 4 December 14, 2010
John Porges
Manager
Corporate Finance
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not Pink OTC Markets Inc. are solely responsible for the accuracy of such news releases.
