Proceedings

PDF Version
PDF Version

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

- AND -

IN THE MATTER OF
MRS SCIENCES INC. (FORMERLY MORNINGSIDE CAPITAL CORP.), AMERICO
DEROSA, RONALD SHERMAN, EDWARD EMMONS AND IVAN CAVRIC


ORDER
SUBSECTION 127(1)


     WHEREAS a Notice of Hearing was issued on November 30, 2007 against MRS Sciences Inc., Americo DeRosa, Ronald Sherman, Edward Emmons and Ivan Cavric;

     WHEREAS Staff have served MRS Sciences Inc., Americo DeRosa, Edward Emmons and Ivan Cavric as evidenced by the affidavits of service filed as Exhibits;

     AND WHEREAS on December 21, 2007, Staff advised that they attempted but not yet served the Notice of Hearing issued November 30, 2007 and the Statement of Allegations dated November 29, 2007 on Ronald Sherman as evidenced by the affidavits of attempted service filed as an Exhibit;

     AND WHEREAS on December 21, 2007, counsel for Ivan Cavric advised that he also appeared as agent for MRS Sciences Inc., Americo DeRosa, and Edward Emmons;

     AND WHEREAS on December 21, 2007, Staff and counsel for Ivan Cavric and agent for MRS Sciences Inc., Americo DeRosa and Edward Emmons consented to an adjournment of this matter to January 31, 2008 at 10:00 a.m.;

     AND WHEREAS on January 4, 2008, five volumes of Staff’s disclosure were couriered to counsel for Ivan Cavric;

     AND WHEREAS on January 16, 2008, counsel for Ivan Cavric confirmed that he was also acting on behalf of Edward Emmons and Americo DeRosa;

     AND WHEREAS on January 18, 2008, Staff provided volumes 1 and 2 of Staff’s disclosure to counsel for Edward Emmons and Americo DeRosa;

     AND WHEREAS on January 23, 2008, Staff provided volumes 3, 4 and 5 of Staff’s disclosure and a second copy of volumes one to five of Staff’s disclosure to counsel for Edward Emmons and Americo DeRosa;

     AND WHEREAS Staff require additional time to effect service of the Notice of Hearing, Statement of Allegations and Commission order dated December 21, 2007 on Ronald Sherman;

     AND WHEREAS Staff of the Commission and counsel for Ivan Cavric, Americo DeRosa and Edward Emmons consent to an adjournment of this matter to February 26, 2008 at 10:00 a.m. to speak to this matter;

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

     IT IS ORDERED that the matter is adjourned to February 26, 2008 at 10:00 a.m.

Dated at Toronto this 30th day of January, 2008.


“James E.A. Turner”
James E.A. Turner