Replies to post #21700 on Meso Numismatics Inc (MSSV)

[scion]

BCSC panel finds that Nevada corporation and two B.C. residents illegally distributed securities and breached cease trade order

2014/23
March 18, 2014
http://www.bcsc.bc.ca/release.asp?id=19360

BCSC panel finds that Nevada corporation and two B.C. residents illegally distributed securities and breached cease trade order

Vancouver – A British Columbia Securities Commission panel has found that two B.C. residents and a Nevada corporation whose securities are quoted on the Pink Sheets in the U.S. engaged in an illegal distribution of securities, and breached a cease trade order.

The panel found that Alexander Anderson and Ken Chua distributed shares of Oriens Travel and Hotel Management Corp. to three B.C. residents without filing a prospectus and for which no exemptions were available. Anderson and Chua raised proceeds of US $58,500.

Oriens, an OTC reporting issuer in B.C., was the subject of a cease trade order (CTO) by the Corporate Finance division of the BCSC in January 2009. The panel found that, in distributing Oriens shares to investors, Anderson and Chua breached the terms of the CTO, and made misrepresentations to the investors when they failed to advise them of the CTO.

Chua is the President and Chief Executive Officer of Oriens. Anderson is the Secretary of Oriens. Neither Chua nor Anderson have been registered in any capacity under the Act, and Oriens has never been registered to trade in securities and has never filed a prospectus under the Act.

The panel directed the parties to make submissions on sanctions according to the schedule set out in the findings.

You may view the findings decision on our website www.bcsc.bc.ca by typing Oriens Travel and Hotel Management Corp., Alexander Anderson, Ken Chua or 2014 BCSECCOM 91 in the search box. Information regarding disciplinary proceedings can be found in the Enforcement section of the BCSC website.

Please visit the Canadian Securities Administrators’ Disciplined Persons List for information relating to persons disciplined by provincial securities regulators, the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association (MFDA).

About the British Columbia Securities Commission ( www.bcsc.bc.ca )

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

• A securities market that is fair and warrants public confidence
• A dynamic and competitive securities industry that provides investment opportunities and access to capital

- 30 -

Media Contact:
Richard Gilhooley, Media Relations
604-899-6713

Public inquiries:
604-899-6854 or 1-800-373-6393 (toll free)

Learn how to protect yourself and become a more informed investor at www.investright.org

http://www.bcsc.bc.ca/release.asp?id=19360

[casualriver]

I read the whole thing. There are submissions to be made and a lot more that will probably follow that. Sounds like 3 disgruntled investors that knew what they were buying and are now trying to say they didn't.

[tynich01]

I still dont see how this really affects them? What are the disciplinary actions i havent been able to find any?
If business gets moved to costa rica this stuff doesnt even matter? The same deal they made wouldve been perfectly legal in costa rica not to mention any other country in the world. They made a mistake thinking since the shares are still traded everywhere else they could make the deal there and investors go sell in hong kong or whereever. That was the only problem the deal was made in BC. But you guys have not mentioned any disciplinary action against the company or these two individuals.

[High Stakes Gamble]

SWEET!!! After reading between these lines,,, I'm all in!!!
Full steam ahead $$OTHM$$
Charts are looking very promising!!!
BLTA

[WarMachine]

"distributed shares of Oriens Travel and Hotel Management Corp. to three
B.C. residents without filing a prospectus and for which no exemptions were available. Anderson and Chua raised proceeds of US
$58,500. "

And people think there is no dilution and a legitimate company building in progress? LOL

Findings Against OTHM

Chua and Anderson were essentially found "guilty" on all accounts.

Released: March 18, 2014
NR 14-23

BCSC panel finds that Nevada corporation and two B.C. residents illegally distributed securities and breached cease trade order

http://www.bcsc.bc.ca/eservices/Inc/ViewDoc.asp?DocNum=L7N7G6O3O7J6H7VDT6X2N7P8K7X3&s=False

http://www.bcsc.bc.ca/enforcement/Docket.asp?txtFileID=757#Transcripts

http://www.bcsc.bc.ca/eservices/Inc/ViewDoc.asp?DocNum=Q7K7Q6N3I7L6K7WDQ6H2P7HBW7Y3&s=False

Vancouver

– A British Columbia Securities Commission panel has found that two B.C.residents and a Nevada corporation whose securities are quoted on the Pink Sheets in the U.S. engaged in an illegal distribution of securities, and breached a cease trade order.
The panel found that Alexander Anderson and Ken Chua distributed shares of Oriens Travel and Hotel Management Corp. to three
B.C. residents without filing a prospectus and for which no exemptions were available. Anderson and Chua raised proceeds of US
$58,500.

Oriens, an OTC reporting issuer in B.C., was the subject of a cease trade order (CTO) bythe Corporate Finance division of the BCSC in January 2009. The panel found that, in distributing Oriens shares to investors, Anderson and Chua breached the terms of the CTO, and made misrepresentations to the investors when they failed to advise them of the CTO.

Chua is the President and Chief Executive Officer of Oriens. Anderson is the Secretary of Oriens. Neither Chua nor Anderson have been registered in any capacity under the Act, and Oriens has never been registered to trade in securities and has never filed a prospectus under the Act. The panel directed the parties to make submissions on sanctions according to the schedule set out in the findings. You may view the findings decision on our website www.bcsc.bc.ca by typing Oriens Travel and Hotel Management Corp., Alexander Anderson, Ken Chua or 2014 BCSECCOM 91 in the search box. Information regarding disciplinary proceedings can be found in the Enforcement section of the BCSC website.

[flyersdh]

Press Release out

Link

link

The game is over. Hopefully the US market will cease trading as well.

[suninthefun]

Is no guilty in a civil action dude