Order: In the Matter of Goldbridge Financial Inc. et al.

Order




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

- AND -

IN THE MATTER OF GOLDBRIDGE FINANCIAL INC.,
WESLEY WAYNE WEBER AND SHAWN C. LESPERANCE

ORDER
(Subsection 127(1))



      WHEREAS on October 10, 2008 the Commission issued a temporary order pursuant to section 127(5) of the Act that all trading in securities by Goldbridge Financial Inc. (“Goldbridge”), Wesley Wayne Weber (“Weber”) and Shawn C. Lesperance (“Lesperance”) shall cease, and that the exemptions contained in Ontario securities law do not apply to Goldbridge, Weber and Lesperance (the “Temporary Order”);

      AND WHEREAS the Temporary Order expired on the fifteenth day after its making unless extended by the Commission;

      AND WHEREAS on October 28, 2008, the Commission granted a further order pursuant to clause 2 of subsection 127(1) of the Act that all trading in securities by Goldbridge, Weber and Lesperance shall cease, subject to certain exceptions (the “Further Temporary Order”);

      AND WHEREAS on October 28, 2008, the Commission ordered that the Further Temporary Order be extended to January 20, 2009 and that the hearing of the matter be adjourned to January 19, 2009;

      AND WHEREAS on January 19, 2009, the Commission held a hearing at which Staff sought an Order extending the Further Temporary Order pursuant to subsection 127(1) of the Act to permit further investigation by Staff;

      AND WHEREAS Staff of the Commission and Weber and Lesperance, appearing on behalf of themselves and Goldbridge, made submissions at the hearing;

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

      IT IS ORDERED that the Further Temporary Order is continued and shall expire at the close of business on March 21, 2009, unless it is extended by the Commission;

      IT IS FURTHER ORDERED that the hearing of this matter shall be adjourned to March 20, 2009, at 10:00 a.m.

      Dated at Toronto this 19th day of January, 2009.


“Lawrence Ritchie”
Lawrence E. Ritchie