Order: In the Matter of Global Partners Capital et al.
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, C. S.5, AS AMENDED
- AND -
IN THE MATTER OF
GLOBAL PARTNERS CAPITAL, WS NET SOLUTION, INC.,
HAU WAI CHEUNG, CHRISTINE PAN, GURDIP SINGH GAHUNIA
ORDER
Section 127(1) and 127(8)
WHEREAS on October 10, 2007, the Ontario Securities Commission (the “Commission”) issued a Temporary Order pursuant to section 127(5) of the Securities Act, R.S.O. 1990, c.S.5, as amended (the “Act”) that: (i) all trading by the Respondents, their officers, directors, representatives and/or agents in the securities of Golden Apple Oil and Gas, Inc., Asia Pacific Energy, Inc., China Gold Corp., Energy Finders, Inc. and Premier Information Management, Inc. shall cease; and (ii) that the Respondents cease trading in all securities (the “Temporary Order”);
AND WHEREAS the Commission ordered that the Temporary Order shall take effect immediately and expire on the 15th day after its making unless extended by order of the Commission;
AND WHEREAS on October 12, 2007 the Commission issued a Notice of Hearing to consider, among other things, the extension of the Temporary Order, to be held on October 24, 2007 at 10 a.m. or as soon thereafter as the hearing can be held;
AND WHEREAS Staff of the Commission (“Staff’) served Global Partners Capital, WS Net Solution, Inc., Hau Wai Cheung and Christine Pan with a certified copy of the Temporary Order and the Notice of Hearing as evidenced by the affidavit of Muriel Carson sworn October 23, 2007, filed with the Commission in the Evidence Brief of Staff;
AND WHEREAS all attempts by Staff to serve Gurdip Singh Gahunia prior to the October 24, 2007 hearing were unsuccessful;
AND WHEREAS Staff served an additional notice on Global Partners Capital, WS Net Solution, Inc., Hau Wai Cheung and Christine Pan that the hearing time was moved from 10 a.m. to 1 p.m. on October 24, 2007, as evidenced by the affidavit of Muriel Carson sworn October 23, 2007, filed with the Commission in the Evidence Brief of Staff;
AND WHEREAS the Commission held a hearing on October 24, 2007 at 1 p.m. and none of the Respondents attended before the Commission;
AND WHEREAS Staff served counsel for Gurdip Singh Gahunia with copies of the Temporary Order and Notice of Hearing on December 12, 2007;
AND WHEREAS counsel for all of the Respondents have advised Staff that the Respondents have consented to the extension of the Temporary Order until the conclusion of a hearing on the merits;
AND WHEREAS the Commission is of the opinion that the length of time required to conclude a hearing could be prejudicial to the public interest pursuant to section 127(5) of the Act;
AND WHEREAS satisfactory information has not been provided to the Commission pursuant to section 127(8) of the Act;
IT IS HEREBY ORDERED pursuant to section 127(8) that the Temporary Order is extended until the conclusion of a hearing on the merits.
Dated at Toronto this 22nd day of January, 2008
James E. A. Turner