It's a shame no one from the company bothered to show up for the cease trade hearing....you know, given all the gabillions of value hidden in GBGLF.
Maybe the party of the second part was attending a real party at the party of the first part and forgot all about it?
AND WHEREAS
the Reporting Issuer and its transfer agent were notified that a hearing
(the “Hearing”) would be held to determine if it would be in the public interest to make an order
under paragraph 2 of subsection 127(1) of the Act that all trading in the securities of the Reporting
Issuer, whether direct or indirect, cease permanently or for such period as is specified in the order;
AND WHEREAS
the Reporting Issuer was notified that if it intended to attend at the
Hearing, the Reporting Issuer was requested to notify the Director of its intention to attend in
writing, in which case the Hearing would be held before the Commission;
AND WHEREAS
the Reporting Issuer was further notified that if it failed to notify the
Director of its intention to be present at the Hearing, then the Hearing would be held before the
Director without the Reporting Issuer present;
AND WHEREAS
the Reporting Issuer having failed to notify the Director of its intention to
attend at the Hearing, the Hearing was held before the Director on the 16
th
day of September, 2013;
AND UPON
no one appearing at the Hearing on behalf of the Reporting Issuer;
AND UPON
hearing the evidence of staff of the Ontario Securities Commission and the
Director being satisfied that the Default continues;
IT IS ORDERED
pursuant to paragraph 2 of subsection 127(1) of the Act that, effective
immediately, all trading in the securities of the Reporting Issuer, whether direct or indirect, shall
cease until further order by the Director.
DATED
at Toronto this 16
th
day of September, 2013.
