Proceedings

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

and

IN THE MATTER OF
LIMELIGHT ENTERTAINMENT INC., CARLOS A. DA SILVA,
DAVID C. CAMPBELL AND JACOB MOORE  

TEMPORARY ORDER
Section 127(1) & 127(5)

WHEREAS Staff of the Commission (“Staff”) have requested that the Ontario Securities Commission (the “Commission”) make a temporary order pursuant to section 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) that: (i) all trading cease in the securities of Limelight Entertainment Inc. (“Limelight”); (ii) each of the respondents cease trading in all securities; and (iii) any exemptions contained in Ontario securities law do not apply to the respondents;

AND WHEREAS pursuant to subsection 127(1) and 127(5) of the Act, a hearing was scheduled for April 13, 2006 at 10:00 a.m. (the “Hearing”) to consider Staff’s request;

AND WHEREAS Staff have served Limelight, Carlos Da Silva (“Da Silva”) and David Campbell (“Campbell”) with the Notice of Hearing and Statement of Allegations of Staff dated April 7, 2006 and with the Affidavit of Larry Masci sworn April 7, 2006, the Affidavit of Tim Barrett sworn April 10, 2006 and the Affidavit of Joseph De Sommer sworn April 11, 2006 as evidenced by the affidavits of service filed as exhibits;

AND WHEREAS the Commission has read these affidavits and it appears to the Commission that:

1. Limelight is an Ontario corporation with offices in Toronto;

2. Da Silva is the president and a director of Limelight;

3. Campbell is the vice-president and a director of Limelight;

4. Jacob Moore (“Moore”) is or was employed by Limelight in the role of a salesperson;

5. None of Limelight, Da Silva, Campbell or Moore is registered with the Commission to trade in securities;

6. Securities of Limelight have been sold to members of the public by officers, directors, employees and/or agents of Limelight purportedly in reliance upon the prospectus and registration exemptions in OSC Rule 45-501 (now National Instrument 45-106);

7. Staff are conducting an investigation into: (i) the trading of Limelight securities; (ii) whether Limelight failed to file or filed misleading reports of exempt distributions with the Commission; (iii) whether prohibited representations were made to investors; and (iv) whether Da Silva and Limelight misled Staff; and

8. No prospectus receipt has been issued for the Limelight securities as required by section 53 of the Act;

AND WHEREAS counsel for Limelight, Da Silva and Campbell has advised that these respondents do not oppose the temporary order sought and consent to an adjournment of the Hearing to Wednesday, April 26, 2006 at 10:00 a.m.;

AND WHEREAS the Commission is of the opinion that the time required to conclude a hearing could be prejudicial to the public interest as set out in section 127(5) of the Act;

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

IT IS ORDERED pursuant to section 127(5) and clause 2 of section 127(1) of the Act that all trading cease in the securities of Limelight;

IT IS FURTHER ORDERED pursuant to section 127(5) and clause 2 of section 127(1) of the Act that Limelight, Da Silva, Campbell and Moore cease trading in all securities;

IT IS FURTHER ORDERED pursuant to section 127(5) and clause 3 of section 127(1) of the Act that any exemptions contained in Ontario securities law do not apply to Limelight, Da Silva, Campbell and Moore; and

IT IS FURTHER ORDERED pursuant to section 127(6) of the Act, that this order shall take effect immediately and shall expire on the 15 th day after its making unless extended by order of the Commission; and

IT IS FURTHER ORDERED that the Hearing is adjourned to Wednesday, April 26, 2006 at 10:00 a.m. or such other date as may be arranged by the Secretary.

Dated at Toronto this 13 th day of April, 2006

“Paul Moore”
“Paul Moore”
“Suresh Thakrar”
“Suresh Thakrar”