Temporary Order: In The Matter Of Stanton De Freitas

Order
 

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

- AND -

IN THE MATTER OF
STANTON DE FREITAS

TEMPORARY ORDER
(Sections 127(1) and (5))

WHEREAS on May 30, 2007, the Commission made a temporary order, pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5., as amended (the “Act”), that trading in any securities by Stanton De Freitas shall cease and that any exemptions contained in Ontario securities law do not apply to him (the “Temporary Order”);

WHEREAS on June 13, 2007, the Commission ordered that the hearing to extend the Temporary Order was adjourned until June 25, 2007 and that, pursuant to subsection 127 (8) of the Act, the Temporary Order shall be extended until June 25, 2007 or until further order of the Commission, with the exception that the part of the Temporary Order which orders that any exemptions contained in Ontario securities law do not apply to the Respondent shall not be extended (the “June 13th Order”);

AND WHEREAS Staff will be seeking to consolidate the hearing of this matter with the hearing to extend the temporary orders issued in Re David Watson et al.;

AND WHEREAS the Respondent does not contest or object to an extension of the Temporary Order until September 25, 2007;

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

IT IS ORDERED THAT:

1. the hearing to extend the June 13th Order is adjourned until September 28, 2007 at 10:00 a.m.; and

2. pursuant to subsection 127 (8) of the Act, the June 13th Order is extended until September 28, 2007 or until further order of the Commission.

DATED at Toronto this 25th day of June, 2007.

“James E. A. Turner”
James E. A. Turner
  “Suresh Thakrar”
Suresh Thakrar