Order: In the Matter of Sulja Bros. Building Supplies, Ltd. (Nevada) et al.

Order

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

– AND –

IN THE MATTER OF
SULJA BROS. BUILDING SUPPLIES, LTD. (NEVADA),
SULJA BROS. BUILDING SUPPLIES LTD.,
KORE INTERNATIONAL MANAGEMENT INC.,
PETAR VUCICEVICH AND ANDREW DeVRIES

ORDER

WHEREAS on December 22 2006, 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 Sulja Bros. Building Supplies, Ltd. (Nevada) (“Sulja Nevada”) cease; and (b) any exemptions in Ontario securities law do not apply to the Respondents (the “Temporary Order”);

AND WHEREAS on December 27, 2006, the Commission issued a Notice of Hearing and Statement of Allegations in this matter;
 

AND WHEREAS the Respondents Sulja Nevada, Sulja Bros. Building Supplies Ltd. (“Sulja Ontario”), Kore International Management Inc. (“Kore”), and Petar Vucicevich (“Vucicevich”) do not oppose the continuation of the Temporary Order;

AND WHEREAS on December 22, 2006 and December 28, 2006, respectively, the Respondent Andrew DeVries was served with the Temporary Order and the Notice of Hearing and Statement of Allegations and, having notice of the hearing, did not appear before the Commission to oppose the continuation of the Temporary Order;

AND WHEREAS on January 8, 2007 the Temporary Order was extended to March 23, 2007;

AND WHEREAS on March 23, 2007 the Temporary Order was extended to July 5, 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 Temporary Order is continued until a date in August or September, 2007 to be scheduled by the Commission.

DATED at Toronto this 3rd day of July, 2007

 

Patrick LeSage
Patrick J. LeSage
Lawrence Ritchie
Lawrence E. Ritchie
Wendell S. Wigle
Wendell S. Wigle