Temporary Order: In the Matter of Lyndz Pharmaceuticals Inc. et al.

Order
 

 

 

 

IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED

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IN THE MATTER OF LYNDZ PHARMACEUTICALS INC.,
LYNDZ PHARMA LTD., JAMES MARKETING LTD.,
MICHAEL EATCH and RICKEY MCKENZIE


TEMPORARY ORDER
Subsection 127(8)

 

 


      WHEREAS on December 4, 2008, the Ontario Securities Commission (the “Commission”) ordered pursuant to sections 127(1) and 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) that immediately for a period of 15 days from the date thereof: (a) all trading in securities of Lyndz Pharmaceuticals Inc. shall cease; (b) all trading in securities by the Respondents shall cease; and (c) the exemptions contained in Ontario securities law do not apply to the Respondents (the “Temporary Order”);

      AND WHEREAS on December 8, 2008, the Commission issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Act accompanied by Staff of the Commission’s (“Staff”) Statement of Allegations;

      AND WHEREAS on December 17, 2008, the Temporary Order was continued to February 13, 2009;

      AND WHEREAS on February 13, 2009 a hearing was held before the Commission and was attended by Staff, but none of the respondents;

      AND WHEREAS Staff informs us that counsel for Michael Eatch, Rickey McKenzie, Lyndz Pharmaceuticals Inc. and James Marketing Ltd. have consented to the continuation of the Temporary Order;

      AND UPON RECEIVING submissions from counsel for Staff;

      AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;

      IT IS ORDERED THAT pursuant to subsection 127(8) of the Act, the Temporary Order is continued to April 22, 2009, unless further extended by the Commission; and,

      IT IS FURTHER ORDERED THAT this matter is adjourned to April 21, 2009, at 9:00 am.

      DATED at Toronto this 13th day of February, 2009

 

 

 

 

 

 

Wendell S. Wigle
Wendell S. Wigle, Q.C.
“Suresh Thakrar”
Suresh Thakrar