Notice of Hearing: In the Matter of Koman Info-Link Inc. et al.

Notice of Hearing

 

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

AND

IN THE MATTER OF
KOMAN INFO-LINK INC., KOMAN INVESTMENT INC. a.k.a.
KOMAN INVESTMENT INC. (B.V.I.),SIMON KO AND JOSE CASTANEDA

NOTICE OF RETURN OF HEARING
(Subsections 127 and 127.1)

WHEREAS on the 10th day of September, 1998, the Ontario Securities Commission (the"Commission") ordered, pursuant to clause 2 of the subsection 127(1) of the Securities Act, R.S.O.1990, c. S.5, as amended (the "Act"), that all trading in securities by Koman Info-Link Inc.("Koman"), Koman Investment Inc. a.k.a. Koman Investment Inc. (B.V.I.) ("Koman InvestmentInc."), Simon Ko ("Ko"), John Ping Sum Lam ("Lam") and Jose Castaneda ("Castaneda") cease fora period of fifteen days from the date of the order (the "Temporary Order");

AND WHEREAS on the 22nd day of September, 1998 the Commission ordered pursuantto subsection 127(7) of the Act that the Temporary Order be extended against Koman, KomanInvestment Inc., Ko, Lam and Castaneda until the hearing is concluded and that the hearing beadjourned sine die;

TAKE NOTICE that the Commission will hold a hearing pursuant to sections 127 and 127.1of the Act at the Commission's offices on the, 20 Queen Street West, 19th Floor, ExecutiveBoardroom, Toronto, Ontario, commencing on 2nd day of June, 2000, 9:00 a.m., or as soonthereafter as the hearing can be held:

(a) to make an order under clause 2 of subsection 127(1) of the Act that trading insecurities by the respondents cease permanently or for such other period as specifiedby the Commission;

(b) to make an order under subsection 127(3) of the Act that any exemptions in Ontariosecurities law do not apply to the respondents;

(c) to make an order that Ko is prohibited from becoming or acting as a director orofficer of any issuer;

(d) to make an order that the respondents or any of them be reprimanded;

(e) to make an order that the respondents, or any of them, pay the costs of Staff'sinvestigation in relation to the matter subject to this proceeding;

(f) to make an order that the respondents, or any of them, pay the costs of the proceedingincurred by or on behalf of the Commission; and/or

(g) to make such other order as the Commission considers appropriate.

BY REASON OF the allegations set out in the Statement of Allegations and such additionalallegations as counsel may advise and the Commission may permit;

AND TAKE FURTHER NOTICE that any party to the proceedings may be representedby counsel if he or she attends or submits evidence at the hearing;

AND TAKE FURTHER NOTICE upon failure of any party to attend at the time and placeset for the hearing, the hearing may proceed in the absence of that party and the party is not entitledto any further notice of the proceeding.

May 31st, 2000.

"John Stevenson"