Temporary Order: In the Matter of Lyndz Pharmaceuticals Inc. et al.

Order
 

 

 

 

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

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IN THE MATTER OF LYNDZ PHARMACEUTICALS INC.,
LYNDZ PHARMA LTD., JAMES MARKETING LTD.,
MICHAEL EATCH and RICKEY MCKENZIE


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

 

 


      WHEREAS on December 4, 2008, 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 Lyndz Pharmaceuticals Inc. shall cease; (b) all trading in securities by the Respondents shall cease; and (c) the exemptions contained in Ontario securities law do not apply to the Respondents (the “Temporary Order”);

      AND WHEREAS on December 8, 2008, the Commission issued a Notice of Hearing, accompanied by Staff’s Statement of Allegations;

      AND WHEREAS on December 17, 2008, the Temporary Order was continued to February 13, 2009;

      AND WHEREAS on February 13, 2009, the Temporary Order was continued to April 22, 2009;

      AND WHEREAS on April 21, 2009, the Temporary Order was continued to July 7, 2009;

      AND WHEREAS on July 6, 2009, a hearing was held in this matter;

      AND WHEREAS counsel for Michael Eatch, Rickey McKenzie, Lyndz Pharmaceuticals Inc. and James Marketing Ltd. have consented to the continuation of the Temporary Order;

      AND WHEREAS Lyndz Pharma Ltd did not appear;

      AND UPON RECEIVING submissions from counsel for Staff of the Commission (“Staff”);

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

      IT IS ORDERED THAT pursuant to s. 127(8) of the Act, the Temporary Order is continued to July 30, 2009; and

      IT IS FURTHER ORDERED THAT this matter is adjourned to July 29, 2009 at 10:00 am.

    DATED at Toronto this 6th day of July, 2009

 

 

 

 

 

 

 
 
“James E. A. Turner”
James E. A. Turner