Order: In the Matter of Irwin Boock et al.

PDF Version

          WHEREAS on October 16, 2008 the Ontario Securities Commission (the "Commission") issued a Notice of Hearing and Statement of Allegations pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5 (the "Act") in respect to the above respondents, including NutriOne Corporation ("NutriOne");

          AND WHEREAS on May 18, 2007 the Commission made a temporary order prior to the commencement of the within proceeding pursuant to subsections 127(1) and 127(5) of the Act (the "Temporary Order") that: (i) all trading in and all acquisitions of the securities of NutriOne, whether direct or indirect, shall cease from the date of the Temporary Order; and (ii) any exemptions contained in the Act do not apply to NutriOne;

          AND WHEREAS on or about November 24, 2008 NutriOne consented to an extension of the Temporary Order until the completion of the within proceeding;

          AND WHEREAS NutriOne has entered into a Settlement Agreement with the Staff of the Commission on October 14, 2009;

          AND WHEREAS Staff of the Commission recommended approval of the Settlement Agreement in relation to the matter set out in the Statement of Allegations;

          AND UPON reviewing the Settlement Agreement and the Notice of Hearing of Staff of the Commission, and upon hearing submissions of Counsel for Staff of the Commission and NutriOne;

          AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;

          IT IS HEREBY ORDERED that pursuant to ss. 127(1) of the Act:

1.       the Settlement Agreement is hereby approved;

2.        all trading in and all acquisitions of the securities of NutriOne, whether direct or indirect, shall cease permanently; and

3.        any exemptions contained in the Act do not apply to NutriOne permanently.

Dated at Toronto, Ontario this 21^st day of October, 2009.