Proceedings

 

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


-and-


IN THE MATTER OF ALEXANDER DOLGONOS, THE ALEXANDER DOLGONOS SPOUSAL TRUST, TINA LIVCHITS, THE TINA LIVCHITS SPOUSAL TRUST, AYZIK DOLGONOS, THE AYZIK DOLGONOS SPOUSAL TRUST, KALINA DOLGONOS, THE KALINA DOLGONOS SPOUSAL TRUST, STEPHEN ROSEN, ALTHEA STEWART, THE ALTHEA STEWART SPOUSAL TRUST, ARON DAVID TRUSS, T.A. HOLDINGS INC., GERALD McGOEY AND THE JOLIAN TRUST

NOTICE OF HEARING
Section 127(1), Securities Act




WHEREAS on the 11th day of March, 2002, the Ontario Securities Commission ordered, pursuant to clause 2 of section 127(1) of the Securities Act, R.S.O. 1990, c. S.5, as amended, that trading in any securities of Unique Broadband Systems, Inc. by Alexander Dolgonos, the Alexander Dolgonos Spousal Trust, Tina Livchits, the Tina Livchits Spousal Trust, Ayzik Dolgonos, the Ayzik Dolgonos Spousal Trust, Kalina Dolgonos, the Kalina Dolgonos Spousal Trust, Stephen Rosen, Althea Stewart, the Althea Stewart Spousal Trust, Aron David Truss, T.A. Holdings Inc., Gerald McGoey and the Jolian Trust cease;

AND WHEREAS the Commission further ordered that pursuant to section 127(6) of the Act that the Cease Trade Order shall take effect immediately and shall expire on the fifteenth day after its making unless extended by the Commission;

TAKE NOTICE that the Commission will hold a hearing pursuant to section 127 of the Act at the offices of the Commission, Main Hearing Room, 17th Floor, 20 Queen Street West, Toronto, on March 25, 2002 at 10:00 a.m. or as soon thereafter as the hearing can be held;

TO CONSIDER whether, pursuant to sections 127 and 127.1 of the Act, it is in the public interest for the Commission:

(a)

to extend the Cease Trade Order until the conclusion of the hearing in respect of the matters listed at (b) to (h) herein;

(b) to make an order that the respondents cease trading in securities, permanently or for such time as the Commission may direct;
(c) to make an order that any exemptions contained in Ontario securities law do not apply to the respondents or any of them permanently, or for such period as specified by the Commission;
(d) to make an order that the respondents or any of them resign one or more positions which they may hold as a director or officer of an issuer;
(e) to make an order that the respondents or any of them be prohibited from becoming or acting as director or officer of any issuer;
(f) to make an order that the respondents be reprimanded;
(g) to make an order that the respondents pay the costs of Staff's investigation and the costs of or related to this proceeding, incurred by or on behalf of the Commission; and
(h) to make such other order as the Commission may deem appropriate

BY REASON OF the allegations set out in the Statement of Allegations and such additional allegations as counsel may advise and the Commission may permit;

AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel at the hearing;

AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceeding..

DATED
at Toronto this 11th day of March, 2002.


John Stevenson
Secretary to the Commission