Order: In the Matter of Derek Tennant et al.
R.S.O. 1990, c. S.5, AS AMENDED (the "Act")
AND
IN THE MATTER OF
DEREK TENNANT, KATHLEEN HARRIS,
WILLIAM DIXON and UKSTAR (CANADA) INC.
ORDER
(Section 127)
WHEREAS on June 8, 2000 the Ontario Securities Commission (the "Commission")made a temporary order pursuant to subsection 127(5) of the Act, that none of theRespondents shall trade in any securities of Eco Technologies International Inc. ("Eco")subject to the terms set out in the order, for a period of 15 days from the date of the order;
AND WHEREAS on June 8, 2000 the Commission issued a Notice of Hearingpursuant to subsection 127(9) of the Act;
AND WHEREAS it appears to the Commission that:
1. Eco is incorporated under the laws of Canada and is a reporting issuer in theProvince of Ontario.
2. Each of Derek Tennant, Kathleen Harris, William Dixon and UKstar (Canada) Inc.(the "Respondents") is, or was during the financial year of Eco ended December 31,1999, a director, officer or significant shareholder (beneficial ownership of 10% ormore of the voting rights of Eco) or individual that has, or may have, access tomaterial undisclosed information of Eco.
3. Eco failed to file interim financial statements for its interim period ended March 31,2000 (the "Interim Financial Statements") on or before May 31, 2000, contrary tosubsection 77(1) of the Act.
4. As of the date of this order, Eco has not filed its Interim Financial 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 Eco shall cease until:
(a) two full business days following the receipt by the Commission of all filings Eco isrequired to make pursuant to Ontario securities law; or
(b) further order of the Commission.
June 22nd, 2000.
"J. A. Geller""Morley P. Carscallen"
"R. Stephen Paddon"