Temporary Order: In the Matter of Firstar Capital Management Corp. et al.

Order

 

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

– and –

IN THE MATTER OF
FIRESTAR CAPITAL MANAGEMENT CORP.,
KAMPOSSE FINANCIAL CORP., FIRESTAR INVESTMENT MANAGEMENT
GROUP, MICHAEL CIAVARELLA AND MICHAEL MITTON

TEMPORARY ORDER
(Section 127)

    WHEREAS on December 10, 2004 the Ontario Securities Commission issued a Notice of Hearing pursuant to s.127 of the Securities Act, R.S.O. 1990, c.S.5, to consider whether it is in the public interest to extend the Temporary Orders made on December 10, 2004 ordering that trading in shares of Pender International Inc. by Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Mitton, and Michael Ciavarella cease until further order by the Commission;

    AND WHEREAS a hearing was scheduled for February 4, 2005 and May 26, 2005 but was adjourned on consent. On March 9, 2005, the Commission ordered that the hearing to consider whether to extend the Temporary Orders should be adjourned until June 29 and 30, 2005 at 10:00 a.m.;

    AND WHEREAS on March 9, 2005, the Commission ordered that the Temporary Orders issued on December 10, 2004 and December 17, 2004 as against Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Ciavarella and Michael Mitton should be extended until the hearing on June 29 and 30, 2005, or until further order of the Commission;

    AND WHEREAS on June 29, 2005, the Commission ordered that the hearing to consider whether to extend the Temporary Orders should be adjourned until November 22 and 23, 2005 and that the Temporary Orders issued on December 10, 2004 and December 17, 2004 as against Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Ciavarella and Michael Mitton should be extended until November 22, 2005, or until further order of the Commission;

    AND WHEREAS Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Ciavarella and Michael Mitton consent to the making of this order;

    IT IS ORDERED that the hearing to consider whether to continue the Temporary Cease Trade Orders is adjourned to January 30 and 31, 2006;

    IT IS ORDERED that the Temporary Cease Trade Orders continued on June 29, 2005 as against Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Ciavarella and Michael Mitton are further continued until January 31, 2006, or until further order of this Commission;

    DATED at Toronto this 21st day of November, 2005.

”Paul M. Moore“
Paul M. Moore
”Suresh Thakrar”
Suresh Thakrar