Order: In the Matter of MRS Sciences Inc. (Formerly Morningside Capital Corp.) et al.
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, C. S.5, AS AMENDED
- AND -
IN THE MATTER OF
MRS SCIENCES INC. (FORMERLY MORNINGSIDE CAPITAL CORP.), AMERICO
DEROSA, RONALD SHERMAN, EDWARD EMMONS AND IVAN CAVRIC
ORDER
SUBSECTION 127(1)
R.S.O. 1990, C. S.5, AS AMENDED
- AND -
IN THE MATTER OF
MRS SCIENCES INC. (FORMERLY MORNINGSIDE CAPITAL CORP.), AMERICO
DEROSA, RONALD SHERMAN, EDWARD EMMONS AND IVAN CAVRIC
ORDER
SUBSECTION 127(1)
WHEREAS on November 30, 2007 the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c.S.5, to consider whether it is in the public interest to make the certain orders against MRS Sciences Inc., Americo Derosa, Ronald Sherman, Edward Emmons and Ivan Cavric;
AND WHEREAS Staff have served MRS Sciences Inc., Americo Derosa, Edward Emmons and Ivan Cavric as evidenced by the affidavits of service filed as Exhibits;
AND WHEREAS Staff have advised that they have attempted to serve but have not yet served the Notice of Hearing issued November 30, 2007 and the Statement of Allegations dated November 29, 2007 on Ronald Sherman as evidenced by the affidavits of attempted service filed as an Exhibit;
AND WHEREAS Staff have advised that five volumes of disclosure have been prepared and will be couriered to counsel for Ivan Cavric by January 4, 2008;
AND WHEREAS counsel for Ivan Cavric has advised that he is also appearing as agent for MRS Sciences Inc., Americo Derosa, and Edward Emmons;
AND WHEREAS Staff of the Commission and counsel for Ivan Cavric and agent for MRS Sciences Inc., Americo Derosa and Edward Emmons consent to an adjournment of this matter to Thursday, January 31, 2008 at 10:00 a.m. to speak to this matter;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED that the matter is adjourned to Thursday, January 31, 2008 at 10:00 a.m.
Dated at Toronto this 28th day of December 2007.
“James E.A. Turner” James E.A. Turner |
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