Temporary Order: In the Matter of David Watson et al.
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF
DAVID WATSON, NATHAN ROGERS,
AMY GILES, JOHN SPARROW, LEASESMART, INC.,
ADVANCED GROWING SYSTEMS, INC. (a Florida corporation), PHARM CONTROL LTD.,
THE BIGHUB.COM, INC,, UNIVERSAL SEISMIC ASSOCIATES INC.,
POCKETOP CORPORATION, ASIA TELECOM LTD., INTERNATIONAL ENERGY LTD.,
CAMBRIDGE RESOURCES CORPORATION, NUTRIONE CORPORATION AND
SELECT AMERICAN TRANSFER CO.
TEMPORARY ORDER
(Sections 127(1), (5) and (8))
WHEREAS, on May 18, 2007, the Ontario Securities Commission (the “Commission”) made an order, pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5., as amended (the “Act”), that:
- trading in the securities of the following companies shall cease and that any exemptions contained in Ontario securities law do not apply to them: The Bighub.Com, Inc. ("Bighub.Com"); Advanced Growing Systems, Inc. (a Florida corporation) ("Advanced Growing Systems"); LeaseSmart, Inc. ("LeaseSmart"); Cambridge Resources Corporation ("Cambridge Resources"); NutriOne Corporation ("NutriOne"); International Energy Ltd. ("International Energy"); Universal Seismic Associates Inc. ("Universal Seismic"); Pocketop Corporation ("Pocketop"); Asia Telecom Ltd. ("Asia Telecom"); and Pharm Control Ltd. ("Pharm Control"); and
- all trading in any securities by Jason Wong, David Watson, Nathan Rogers, Amy Giles, John Sparrow and Kervin Findlay shall cease;
AND WHEREAS on May 22, 2007, by further order of the Commission made pursuant to subsections 127(1) and (5) of the Act, it was ordered that trading in any securities by Select American Transfer Co. ("Select American") shall cease and that any exemptions contained in Ontario securities law do not apply to them;
AND WHEREAS the temporary orders dated May 18 and May 22, 2007 (the “Temporary Orders”) were modified and extended from time to time by the Commission;
AND WHEREAS on November 29, 2007, the Commission ordered in respect of Pharm Control that the hearing to extend the Temporary Orders, as modified and extended by the Commission, was adjourned until December 4, 2007 and further, that the Temporary Order is extended until then;
AND UPON being advised that the parties consent to the matter being put over until December 5, 2007;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED THAT:
- the hearing to extend the Temporary Order in respect of Pharm Control, as modified, is adjourned until December 5, 2007 at 11:00 a.m.; and
- pursuant to subsection 127(8) of the Act, the Temporary Order in respect of Pharm Control, as modified, is extended until December 5, 2007 or until further order of the Commission.
DATED at Toronto this "4th" day of December, 2007.
"James E. A. Turner"
James E. A. Turner |
“Suresh Thakrar"
Suresh Thakrar |