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

PHEYLONIAN BEE WORKS, BEE WORKS ENTERPRISES INC.,
NATURAL BEE WORKS APIARIES INC., CANADIAN BIO DYNAMICS,
TAWLIA CHICKALO, RINALDO LANDUCCI and ELISE MAXHELEAU

TEMPORARY ORDER
(Subsections 127(1) and 127(5))




WHEREAS:

  1. it appears to the Ontario Securities Commission (the “Commission”) that:
    1. Natural Bee Works Apiaries Inc. (“NBW”) is a corporation incorporated pursuant to the laws of British Columbia;
    2. Rinaldo Landucci (“Landucci”) is a resident of British Columbia and is the sole registered director of NBW;
    3. Tawlia Chickalo (“Chickalo”) is a resident of Ontario, represents herself to be a director of NBW, and has an investor relations role for NBW;
    4. Elise Maxheleau (“Maxheleau”) is a resident of Ontario and has an investor relations role for NBW;
    5. NBW, Chickalo, Landucci and Maxheleau have never been registered with the Commission in any capacity;
    6. NBW is not a reporting issuer in Ontario and have never filed a prospectus in Ontario;
    7. Chickalo and Maxheleau may have engaged in or held themselves out as engaging in the business of advising without the necessary registration or an applicable exemption from the registration requirement, contrary to section 25 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”);
    8. NBW, Chickalo and Maxheleau may have engaged in trading of securities which constituted a distribution without a prospectus or an applicable exemption from the prospectus requirement, contrary to section 53 of the Act;
    9. NBW, Landucci and Chickalo may have represented that the securities of NBW will be listed on an exchange, contrary to subsection 38(3) of the Act;
    10. NBW, Landucci and Chickalo may have engaged or participated in an act, practice or course of conduct relating to securities that they knew or reasonably ought to have known perpetrated a fraud on investors, contrary to subsection 126.1(1)(b) of the Act;
    11. NBW, Landucci and Chickalo may have made statements that they knew or reasonably ought to have known were untrue or misleading and that would reasonably be expected to have a significant effect on the market price or value of the securities of NBW, contrary to section 126.2 of the Act;
    12. Landucci and Chickalo may have authorized, permitted or acquiesced in the non-compliance with the Act by NBW, contrary to section 129.2 of the Act;
    13. NBW, Landucci, Chickalo and Maxheleau may have acted contrary to the public interest;
    14. Staff are continuing to investigate the conduct described above;
  2. the Commission is of the opinion that the time required to conclude a hearing could be prejudicial to the public interest as set out in subsection 127(5) of the Act;
  3. the Commission is of the opinion that it is in the public interest to make this Order;
  4. by Authorization Order made August 11, 2017, pursuant to subsection 3.5(3) of the Act, each of Maureen Jensen, D. Grant Vingoe, Philip Anisman, Robert P. Hutchison, Janet Leiper, Timothy Moseley, and Mark J. Sandler acting alone, is authorized to make orders under section 127 of the Act;

IT IS ORDERED pursuant to section 127 of the Act that:

  1. pursuant to paragraph 2 of subsection 127(1), all trading in securities of NBW shall cease;
  2. pursuant to paragraph 2 of subsection 127(1), trading in any securities by NBW, Chickalo, Landucci and Maxheleau shall cease; and
  3. pursuant to subsection 127(6), this order shall take effect immediately and shall expire on the 15th day after its making unless extended by the Commission.

DATED at Toronto, this 8th day of February, 2018.



" Maureen Jensen "