Order: In the Matter of Sean Daley et al.

IN THE MATTER OF
SEAN DALEY; and SEAN DALEY carrying on business as the ASCENSION FOUNDATION, OTO.Money, SilentVault, and CryptoWealth; WEALTH DISTRIBUTED CORP.; CYBERVISION MMX INC.; KEVIN WILKERSON; and AUG ENTERPRISES INC.

Lawrence P. Haber, Commissioner and Chair of the Panel

File No. 2019-28

October 22, 2021

ORDER

(Subsections 127(8) and 127(1) of the Securities Act, RSO 1990, c S.5)

WHEREAS the Ontario Securities Commission held a hearing in writing to consider when to schedule Staff of the Commission’s motion to extend a temporary order dated August 6, 2019 against Sean Daley, Sean Daley carrying on business as Ascension Foundation, OTO.Money, SilentVault and CryptoWealth, Wealth Distributed Corp., Cybervision MMX Inc., Kevin Wilkerson and Aug Enterprises Inc. (together, the Respondents);

ON READING the correspondence from Staff and Sean Daley, and there being no correspondence from the remaining Respondents, and on considering that Staff and Sean Daley consent to the hearing date for Staff’s motion and to extend the temporary order until that time;

IT IS ORDERED THAT:

1. Staff’s motion to further extend the temporary order is scheduled for October 29, 2021 at 10:00 a.m., by videoconference, or on such other date and time as may be agreed to by the parties and set by the Office of the Secretary;
2. pursuant to subsection 127(8) and paragraph 2 of subsection 127(1) of the Securities Act, RSO 1990, c S.5 (the Act), all trading in any securities by the Respondents shall cease until October 29, 2021;
3. pursuant to subsection 127(8) and paragraph 2 of subsection 127(1) of the Act, all trading in ‘overcome the odds’ vouchers, also known as OTO Vouchers, and Lyra shall cease until October 29, 2021; and
4. pursuant to subsection 127(8) and paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to the Respondents until October 29, 2021.