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Company Affiliations Company Name Position Antares Minerals Inc. *President / CEO / Director *Officer *President / CEO / Director Diversified Industries Ltd. *Director of Investor Relations Communications Q-Tel Wireless Inc. *Director of the Board Thelon Ventures Ltd. *Director of the Board Business Affiliations Type Organization Employee *Noise Media Inc. Investor Relations *Fortune Resources Corporation *Q-Tel Wireless Inc. *Yangtze Telecom Corp.
on December 8, 1998, Arlitt signed a public relations agreement, on behalf of the Issuer with Consolidated Interstat Ventures Inc. (“Interstat”), which is a reporting issuer in British Columbia;
(d) on March 17, 1998, Interstat sent a letter to the Issuer stating that the existing public relations agreement was discontinued;
(e) on February 1 and 10 , 1998 and March 1 and 10, 1998, the Issuer and Arlitt prepared and disseminated to persons in British Columbia and to others documents titled, “The Professional Trader” (the “Trader”), which related the affairs of Interstat;
(f) the Trader contained statements relating to Interstat that were made with the intention of effecting a trade in a security, which the Issuer and Arlitt knew or ought reasonably to have known were misrepresentations, contrary to section 50(1)(d) of the Securities Act, R.S.B.C. 1996, c. 418 (the “Act”);
(g) the Trader failed to disclose that it was issued on behalf of Interstat, contrary to section 52(2) of the Act.
(h) in February and March of 1998, neither the Issuer nor Arlitt were registered in any capacity under the Act; and
(i) in March 1998, on at least two separate occasions, Arlitt advised a person to purchase the securities of Interstat, contrary to section 34(1)(a) and(c) of the Act.
DISCIPLINED PERSONS LIST[Print]Name Arlitt, John Louis Date of Order or Settlement August 4, 1998 Sanction An undertaking to comply with the Securities Act Payment Agreed / Ordered $5,000 Violation Unregistered advising
Misrepresentations
Ruling Body BCSC Supporting Documents Settlement/Order
All in all, although the candidates had to come from a very short list of people, this move seems more lateral than anything else. Rufus had to go, as I indicated previously, by the time this week is out, I imagine he will be forbidden from holding any post in a public company. Replacing him with a Canadian stock promoter is hardly the kind of thing that promotes confidence. If he was involved previously and specificially if this is TUT.. this is not going to help at all.