Order: In the Matter of Hillcorp International Services et al.

Order
Download PDF

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

- and -

IN THE MATTER OF

HILLCORP INTERNATIONAL SERVICES,
HILLCORP WEALTH MANAGEMENT, SUNCORP HOLDINGS,
1621852 ONTARIO LIMITED, STEVEN JOHN HILL,
and DANNY DE MELO

ORDER
Sections 127(1), 127(7) and 127(8)



WHEREAS on July 21, 2009 the Ontario Securities Commission (the “Commission”) issued a temporary cease trade order (the “Temporary Order”) and on July 24, 2009 issued an amended temporary cease trade order (the “Amended Order”) pursuant to subsections 127(1) and 127(5) of the Securities Act, R.S.O. 1990 c S-5, as amended (the “Act”) ordering the following:

  1. that all trading in any securities by 1621852 Ontario Limited (“162 Ontario”), Hillcorp International Services (“Hillcorp International”), Hillcorp Wealth Management (“Hillcorp Wealth”), Suncorp Holdings or their agents or employees shall cease;
  2. that all trading in any securities by Steven John Hill (“Hill”), John C. McArthur (“McArthur”), Daryl Renneberg (“Renneberg”) and Danny De Melo (“De Melo”) shall cease;
  3. that the exemptions contained in Ontario securities law do not apply to 162 Limited, Hillcorp International, Hillcorp Wealth, Suncorp Holdings or their agents or employees; and
  4. that the exemptions contained in Ontario securities law do not apply to Hill, McArthur, Renneberg and De Melo;

AND WHEREAS on July 21, 2009 the Commission ordered that the Temporary Order shall expire on the 15th day after its making unless extended by the Commission and on July 24, 2009 the Commission ordered that the Amended Order shall expire on August 5, 2009;

AND WHEREAS the Commission ordered on August 5, 2009 that the Amended Order was extended until February 8, 2010 on certain terms set out in that Order;

AND WHEREAS the Commission ordered on February 5, 2010 that the Amended Order was further extended until July 12, 2010 on certain terms set out in that Order;

AND WHEREAS the Commission ordered on July 9, 2010 that the Amended Order was further extended until February 28, 2011 on certain terms set out in that Order and that the hearing was adjourned to February 25, 2001 at 10:00 am;

AND WHEREAS Staff of the Commission (“Staff”) request a further order continuing the Amended Order against 162 Ontario, Hillcorp International, Hillcorp Wealth, Suncorp Holdings, Hill and De Melo;

AND WHEREAS the Commission reviewed the written consent of Hillcorp International, Hillcorp Wealth, Suncorp Holdings, 162 Ontario, Hill and De Melo;

AND WHEREAS the Commission heard submissions from counsel for Staff;

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

IT IS HEREBY ORDERED pursuant to subsections 127(7) and 127(8) of the Act that the Amended Order is further extended against 162 Ontario, Hillcorp International, Hillcorp Wealth, Suncorp Holdings, Hill and De Melo to July 18, 2011 and specifically:

  1. that all trading in any securities by and of 162 Ontario, Hillcorp International, Hillcorp Wealth and Suncorp Holdings shall cease;
  2. that the exemptions contained in Ontario securities law do not apply to 162 Limited, Hillcorp International, Hillcorp Wealth and Suncorp Holdings or their agents or employees;
  3. that all trading in any securities by Hill and De Melo shall cease; and
  4. that the exemptions contained in Ontario securities law do not apply to Hill and De Melo.

IT IS FURTHER ORDERED that the Hearing is adjourned to Friday July 15, 2011 at 10:00 am.

 

Dated at Toronto this 25th day of February, 2011.

 

" “Mary G. Condon” "