Temporary Order: In the Matter of W.J.N. Holdings Inc. et al.

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

- AND -

IN THE MATTER OF W.J.N. HOLDINGS INC., MSI CANADA INC., 360 DEGREE
FINANCIAL SERVICES INC., DOMINION INVESTMENTS CLUB INC.,
LEVERAGEPRO INC., PROSPOREX INVESTMENT CLUB INC., PROSPOREX
INVESTMENTS INC., PROSPOREX LTD., PROSPOREX INC., PROSPOREX FOREX
SPV TRUST, NETWORTH FINANCIAL GROUP INC., NETWORTH MARKETING
SOLUTIONS, DOMINION ROYAL CREDIT UNION, DOMINION ROYAL
FINANCIAL INC., WILTON JOHN NEALE, EZRA DOUSE, ALBERT JAMES,
ELNONIETH “NONI” JAMES, DAVID WHITELY, CARLTON IVANHOE LEWIS,
MARK ANTHONY SCOTT, SEDWICK HILL, TRUDY HUYNH, DORLAN FRANCIS,
VINCENT ARTHUR, CHRISTIAN YEBOAH, AZUCENA GARCIA, and ANGELA
CURRY

TEMPORARY ORDER
(Sections 127(1) and (8))

 

 

 

 

 

      WHEREAS on March 11, 2009 the Ontario Securities Commission (the “Commission”) made a Temporary Order pursuant to subsections 127(1) and (5) of the Securities Act R.S.O. 1990 c. S.5 (the “Act”) that (a) pursuant to clause 2 of subsection 127(1) of the Act all trading in securities of MSI Canada Inc., Prosporex Investment Club Inc. and Dominion Investment Club Inc. shall cease; (b) pursuant to clause 2 of the subsection 127(1) of the Act trading in any securities by all of the respondents shall cease; and (c) pursuant to clause 3 of subsection 127(1) of the Act any exemptions contained in Ontario securities law do not apply to the respondents (the “Temporary Order”);

 

 

      AND WHEREAS on March 24, 2009 the Commission ordered that the Temporary Order of March 11, 2009 be extended to July 24, 2009, subject to an exception concerning the respondent Sedwick Hill;

      AND WHEREAS on July 23, 2009 the Commission extended the Temporary Order to November 25, 2009 and adjourned the hearing to November 24, 2009 at 2:30 p.m.;

      AND WHEREAS on August 25, 2009 the Commission varied the Temporary Order to remove the exception that had applied to the respondent Sedwick Hill and extended the Temporary Order, as varied to November 24, 2009;

      AND WHEREAS on November 24, 2009 the Commission added Prosporex Forex SVP Trust as a respondent, extended the Temporary Order, as varied to January 18, 2010 and adjourned the hearing to January 15, 2009 at 10:00 a.m.;

      AND WHEREAS the Commission held a hearing in this matter on January 15, 2010;

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

      AND WHEREAS by Commission Order made August 31, 2009, pursuant to subsection 3.5(3) of the Act, each of W. David Wilson, James E. A. Turner, David L. Knight, Carol S. Perry, Patrick J. LeSage, James D. Carnwath and Mary Condon, acting alone, is authorized to make orders under subsection 127(8) of the Act;

      IT IS ORDERED THAT:

      (1) the Temporary Order is extended to March 26, 2010; and

      (2) a hearing in this proceeding will take place commencing on March 25, 2010 at 10:00 a.m. and continuing on March 26, 2010, as may be required.

      DATED at Toronto this 15th day of January, 2010.

 

 

 

"Carol S. Perry"
Carol S. Perry