Order: In the Matter of Mariusz S. Rybak et al.
R.S.O. 1990, c. S.5, AS AMENDED (the "Act")
AND
IN THE MATTER OF
MARIUSZ S. RYBAK, FRANCOIS HUBERT AND ADRIAN VAN VROENHOVEN
ORDER
(Section 127)
WHEREAS on September 15, 2000 the Ontario Securities Commission (the"Commission") made a temporary order pursuant to subsection 127(5) of the Act, that noneof the Respondents shall trade in any securities of IDS Intelligent Detection Systems Inc.("IDS"), subject to the terms set out in the order, for a period of 15 days from the date ofthe order;
AND WHEREAS on September 18, 2000 the Commission issued a Notice ofHearing pursuant to subsection 127(9) of the Act;
AND WHEREAS it appears to the Commission that:
1. IDS is incorporated under the laws of Canada and is a reporting issuer in theProvince of Ontario.
2. Each of Mariusz S. Rybak, Francois Hubert and Adrian Van Vroenhoven (the"Respondents") was during the interim financial period of IDS ended June 30,2000, a director, officer or significant shareholder (beneficial ownership of 10% ormore of the voting rights of IDS), or an individual that had access to materialundisclosed information of IDS.
3. IDS failed to file interim financial statements for the six-period ended June 30, 2000(the "Interim Statements") on or before August 29, 2000, contrary to subsection78(1) of the Act.
4. As of the date of this order, IDS has not filed its Interim Statements.
AND WHEREAS the Commission is of the opinion that it is in the public interest tomake this Order;
IT IS ORDERED pursuant to paragraph 2 of subsection 127(1) of the Act that alltrading by the Respondents in the securities of IDS shall cease until:
(a) two full business days following the receipt by the Commission of all filings IDS isrequired to make pursuant to Ontario securities law; or
(b) further order of the Commission.
September 25th, 2000.
"J. A. Geller" "Morley P. Carscallen"