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
NEW HUDSON TELEVISION LLC & JAMES DMITRY SALGANOV

ORDER
(Section 127 of the Securities Act)



    WHEREAS on June 8, 2011, the Ontario Securities Commission (the “Commission”) issued a temporary cease trade order pursuant to subsections 127(1) and 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) ordering: that all trading in New Hudson Television Corporation (“NHTV Corp.”) securities and New Hudson Television L.L.C. (“NHTV LLC”) securities shall cease; that NHTV Corp. and NHTV LLC and their representatives cease trading in all securities; and that any exemptions contained in Ontario securities law do not apply to NHTV Corp. and NHTV LLC (the “Temporary Order”);

    AND WHEREAS on June 22, 2011 it was ordered that:

(i) the Temporary Order was amended to provide that pursuant to clause 2 of subsection 127(1) of the Act, James Dmitry Salganov shall cease trading in securities of NHTV Corp. and NHTV LLC;

(ii) pursuant to subsection 127(8) of the Act, the Temporary Order as amended by (i), above (the “Amended Temporary Order”) was extended to December 20, 2011; and,

(iii) the hearing to consider any further extension of the Amended Temporary Order would be held on December 19, 2011 at 9:00 a.m.

    AND WHEREAS the Amended Temporary Order was further extended by orders dated December 19, 2011 and June 22, 2012;

    AND WHEREAS on October 9, 2012, the Commission issued a Notice of Hearing (the “Notice of Hearing”) pursuant to sections 127 and 127.1 of the Act, accompanied by a Statement of Allegations dated October 9, 2012 (the “Statement of Allegations”), issued by Staff of the Commission (“Staff”) with respect to NHTV LLC and Dmitry James Salganov, hereafter known as James Dmitry Salganov (“Salganov”) (collectively, the “Respondents”):

    AND WHEREAS the Notice of Hearing stated that a hearing would be held at the offices of the Commission on October 19, 2012;

    AND WHEREAS on October 19, 2012, Staff confirmed the Commission had received the affidavit of Peaches A. Barnaby sworn October 17, 2012, which indicated that the Notice of Hearing and Statement of Allegations were served on all the Respondents;

    AND WHEREAS on October 19, 2012, Staff appeared and Salganov participated via telephone conference and made submissions, and Staff requested that the matter be adjourned until December 20, 2012, for a status hearing;

    AND WHEREAS on December 20, 2012, Staff appeared and Salganov appeared on his own behalf and on behalf of NHTV LLC and made submissions, and all parties requested that the status hearing be continued on March 5, 2013 at 10:00 a.m.;

    AND WHEREAS on March 5, 2013, Staff appeared and Salganov appeared on his own behalf and on behalf of NHTV LLC and made submissions, and all parties requested that the status hearing be continued on April 9, 2013 at 3:00 p.m.;

    AND WHEREAS on April 9, 2013, Staff appeared and Salganov appeared on his own behalf and on behalf of NHTV LLC and made submissions, and all parties requested that the status hearing be continued on June 6, 2013 at 10:00 a.m.;

    AND WHEREAS on June 6, 2013, Staff appeared and Salganov appeared on his own behalf and on behalf of NHTV Corp. and NHTV LLC and made submissions;

    IT IS HEREBY ORDERED that this proceeding be adjourned to a date and time agreed to by the parties and as set by the Office of the Secretary.

Dated at Toronto this 6th day of June, 2013.

 

 

" Alan J. Lenczner "
Alan J. Lenczner