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 PETER ROBINSON AND PLATINUM
INTERNATIONAL INVESTMENTS INC.

ORDER



WHEREAS on December 18, 2009, the Secretary of the Commission issued a Notice of Hearing, pursuant to sections 37, 127 and 127.1 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), for a hearing to commence at the offices of the Commission at 20 Queen Street West, on Monday, January 11th, 2010 at 11 a.m., or as soon thereafter as the hearing can be held;

WHEREAS the Notice of Hearing provides for the Commission to consider, among other things, whether, in the opinion of the Commission, it is in the public interest, pursuant to s. 127(5) of the Act to issue a temporary order that:

The respondents, Platinum International Investments Inc. (“Platinum”) and Peter Robinson (“Robinson”) (collectively the “Respondents”) shall cease trading in any securities;

WHEREAS Staff served the Respondents with copies of the Notice of Hearing and Staff’s Statement of Allegations dated December 17, 2009, as evidenced by the Affidavit of Kathleen McMillan sworn on January 11, 2009, and filed with the Commission;

WHEREAS Staff served the Respondents with a copy of the Affidavit of Lori Toledano, affirmed on January 8, 2010, as evidenced by the Affidavit of Service of Kathleen McMillan sworn on January 8, 2010;

WHEREAS on January 11, 2010 Staff of the Commission and Robinson appeared before the Commission and made submissions. Robinson appeared in his personal capacity and as the sole registered director of Platinum. During the hearing on January 11, 2010, Robinson advised the Commission that he consented to the issuance of a temporary cease trade order against himself and against Platinum;

WHEREAS on January 11, 2010, Robinson requested an adjournment of the hearing in order to retain counsel;

WHEREAS on January 11, 2010, the panel of the Commission considered the Affidavit of Lori Toledano and the submissions made by Staff and Robinson;

WHEREAS on January 11, 2010, the panel of the Commission ordered, pursuant to section 127 (5) of the Act, that Robinson and Platinum cease trading in any securities (the “Temporary Cease Trade Order”) and that the Temporary Cease Trade Order is extended, pursuant to section 127(8) of the Act, until February 4, 2010;

WHEREAS on January 11, 2010, the panel of the Commission ordered that the hearing with respect to this matter was adjourned to February 3, 2010, at 9:00 a.m.;

WHEREAS on February 3, March 5, 2010 and April 12, 2010, hearings were held before the Commission, and on April 12, 2010 the Commission ordered that the Temporary Cease Trade Order be extended and that the hearing be adjourned for the purpose of having a pre-hearing conference on June 10, 2010;

WHEREAS on June 10, 2010, the pre-hearing conference was commenced and Staff and counsel for Robinson attended before the Commission and made submissions;

WHEREAS on June 10, 2010, Staff and counsel for Robinson attended before the Commission and made submissions with respect to the extension of the Temporary Cease Trade Order;

WHEREAS on June 10, 2010, Staff and counsel for Robinson requested that the pre-hearing conference be continued on June 30, 2010 at 11:00 a.m.;

WHEREAS Staff requested that the Temporary Cease Trade Order be extended until the completion of the hearing on the merits and the Respondents did not oppose this request;

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

IT IS ORDERED that, pursuant to subsection 127(8) of the Act, the Temporary Cease Trade Order is extended until the completion of the hearing on the merits; and

IT IS FURTHER ORDERED that the hearing with respect to this matter is adjourned to June 30, 2010, at 11:00 a.m. at which time the pre-hearing conference will be continued.

 

DATED at Toronto this 14th day of June, 2010.

 

" Mary G. Condon "
Mary G. Condon