IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
– AND –
IN THE MATTER OF MEGA-C POWER CORPORATION, RENE PARDO,
GARY USLING, LEWIS TAYLOR SR., LEWIS TAYLOR JR., JARED TAYLOR,
COLIN TAYLOR and 1248136 ONTARIO LIMITED
(Sections 127(1) and 127.1)
WHEREAS on November 16, 2005, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing, returnable January 31, 2006, to consider allegations made by Staff of the Commission in the Statement of Allegations;
AND WHEREAS on February 6, 2007, the Commission issued an Amended Notice of Hearing, returnable October 29, 2007 (the “Amended Notice of Hearing”);
AND WHEREAS on September 7, 2010, the Commission issued its decision on the merits in relation to the Statement of Allegations (the “Merits Decision”);
AND WHEREAS the Commission found, in the Merits Decision, that Rene Pardo, Lewis Taylor Sr., Lewis Taylor Jr., Jared Taylor, Colin Taylor and 1248136 Ontario Limited (collectively, the “Respondents”) contravened s. 25(1)(a) and s. 53(1) of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), contrary to the public interest, and that Rene Pardo, Lewis Taylor Sr., Lewis Taylor Jr. and Jared Taylor contravened s. 38(3) of the Act, contrary to the public interest, and directed Staff and the Respondents to appear before the Commission on September 28, 2010, at 2:30 p.m., to set a date for a sanctions and costs hearing to consider whether, pursuant to sections 127(1) and 127.1 of the Act, it is in the public interest for the Commission to order the sanctions and costs set out in the Amended Notice of Hearing;
AND WHEREAS on September 28, 2010, Staff and the Respondents appeared before the Commission and made submissions on a date for a sanctions and costs hearing;
IT IS ORDERED THAT:
- The sanctions and costs hearing will commence on Tuesday, December 7, 2010, at 2:00 p.m., and continue, if necessary, on Wednesday, December 8, 2010, at 10:00 a.m., or such other dates as agreed by the parties and fixed by the Office of the Secretary;
- Staff will file and serve its written submissions on sanctions and costs by October 15, 2010; and
- The Respondents may file and serve written submissions on sanctions and costs, if they wish to do so, prior to the sanctions and costs hearing.
DATED at Toronto, this 28th day of September, 2010.
" James D. Carnwath"
James D. Carnwath
" Kevin J. Kelly"
Kevin J. Kelly