Order: In the Matter of Axcess Automation LLC et al.
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5 AS AMENDED
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IN THE MATTER OF THE
COMMODITY FUTURES ACT
R.S.O. 1990, c. C.20, AS AMENDED
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AXCESS AUTOMATION LLC,
AXCESS FUND MANAGEMENT, LLC, AXCESS FUND, L.P.,
GORDON ALAN DRIVER, DAVID RUTLEDGE, 6845941 CANADA INC. carrying on
business as ANESIS INVESTMENTS, STEVEN M. TAYLOR,
BERKSHIRE MANAGEMENT SERVICES INC. carrying on business as
INTERNATIONAL COMMUNICATION STRATEGIES, 1303066 ONTARIO LTD.
carrying on business as ACG GRAPHIC COMMUNICATIONS,
MONTECASSINO MANAGEMENT CORPORATION,
REYNOLD MAINSE, WORLD CLASS COMMUNICATIONS INC.
and RONALD MAINSE
O R D E R
(Sections 127(1) and 127.1 of the Securities Act
and Sections 60 and 60.1 of the Commodity Futures Act)
WHEREAS on April 15, 2009, the Ontario Securities Commission (the “Commission”) made an order pursuant to sections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5., as amended (the “Securities Act”) in respect of Axcess Automation LLC (“Axcess Automation”), Axcess Fund Management, LLC (“Axcess Fund Management”), Axcess Fund, L.P. (“Axcess Fund”), Gordon Alan Driver (“Driver”) and David Rutledge (“Rutledge”) that all trading in securities by them cease, and that any exemptions contained in Ontario securities law do not apply to them;
AND WHEREAS on April 29, 2009, with the consent of Axcess Automation, Axcess Fund Management, Axcess Fund, Driver and Rutledge, the Commission continued the April 15, 2009 order until October 15, 2009, and ordered that the matter return before the Commission on October 14, 2009 at 10:00 a.m. or such other time as set by the Secretary’s Office;
AND WHEREAS on October 2, 2009, the Commission made an order pursuant to sections 127(1) and (5) of the Securities Act in respect of Steven M. Taylor (“Taylor”) and International Communication Strategies (“ICS”) that all trading in securities by Taylor and ICS cease, and that any exemptions contained in Ontario securities law do not apply to Taylor and ICS;
AND WHEREAS on October 14, 2009, with the consent of Axcess Automation, Axcess Fund Management, Axcess Fund, Driver and Rutledge, and upon hearing submissions from Staff of the Commission, Taylor on his own behalf and on behalf of ICS, no one appearing for Axcess Automation, Axcess Fund Management, Axcess Fund, Driver and Rutledge, the Commission continued the April 29 and October 2, 2009 orders until April 14, 2010 and ordered that this matter return before the Commission on April 13, 2010 at 10:00 a.m. or such other time as set by the Secretary’s Office;
AND WHEREAS on April 13, 2010, upon hearing submissions from Staff, who advised that Axcess Automation, Axcess Fund Management, Axcess Fund, Driver and Rutledge consented to a continuation of the order dated October 14, 2009 until August 16, 2010, no one appearing for Axcess Automation, Axcess Fund Management, Axcess Fund, Driver and Rutledge, and upon hearing Taylor, who, on his own behalf and on behalf of ICS, opposed the continuation of the order dated October 14, 2009, the Commission continued the October 14, 2009 order until August 16, 2010 and ordered that the matter return before the Commission on August 13, 2010 at 10:00 a.m. or such other time as set by the Secretary’s Office;
AND WHEREAS on August 12, 2010, the Commission issued a Notice of Hearing and Statement of Allegations against Axcess Automation, Axcess Fund Management, Axcess Fund, Driver, Rutledge, 6845941 Canada Inc. carrying on business as Anesis Investments (“6845941”), Taylor, Berkshire Management Services Inc. carrying on business as ICS, 1303066 Ontario Ltd., carrying on business as ACG Graphic Communications (“ACG”), Montecassino Management Corporation (“Montecassino”), Reynold Mainse (“Reynold”), World Class Communications Inc. (“WCC”) and Ronald Mainse (“Ronald”);
AND WHEREAS by orders dated August 13, 2010, the Commission approved settlement agreements between Staff and Ronald dated August 4, 2010 and between Staff and Rutledge and 6845941 dated August 10, 2010;
AND WHEREAS the Statement of Allegations names Berkshire Management Services Inc. carrying on business as ICS;
AND UPON hearing submissions from Staff of the Commission and from Taylor on his own behalf, and on behalf of Berkshire Management Services Inc. carrying on business as ICS, ACG and Montecassino, no one appearing for Axcess Automation, Axcess Fund Management, Axcess Fund, Driver, Reynold, and WCC;
AND WHEREAS Taylor opposed the order sought by Staff of the Commission;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED:
- pursuant to clauses 2 and 3 of section 127(1) of the Securities Act that trading in any securities by Taylor, Berkshire Management Services Inc. carrying on business as ICS, ACG and Montecassino shall cease and any exemptions contained in Ontario securities law shall not apply to them until October 26, 2010 or until further order of the Commission;
- pursuant to clause 3 of section 60(1) of the Commodity Futures Act that any exemptions contained in Ontario commodity futures law shall not apply to Taylor, Berkshire Management Services Inc. carrying on business as ICS, ACG and Montecassino until October 26, 2010 or until further order of the Commission;
- pursuant to clauses 2 and 3 of section 127(1) of the Securities Act that trading in any securities by Axcess Automation, Axcess Fund Management, Axcess Fund and Driver shall cease and any exemptions contained in Ontario securities law shall not apply to them until the conclusion of the hearing in this matter or until further order of the Commission;
- pursuant to clause 3 of section 60(1) of the Commodity Futures Act that any exemptions contained in Ontario commodity futures law shall not apply to Axcess Automation, Axcess Fund Management, Axcess Fund and Driver until the conclusion of the hearing in this matter or until further order of the Commission; and
- this matter shall return before the Commission on October 25, 2010 at 10:00 a.m. or such other time as set by the Secretary’s Office.
DATED at Toronto this 13th day of August 2010.
Carol S. Perry