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
RICHARD OCHNIK AND 1464210 ONTARIO INC.  

ORDER
Section 127

WHEREAS on September 19, 2005, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act in relation to a Statement of Allegations issued by Staff of the Commission on the same day in respect of Richard Ochnik and 1464210 Ontario Inc.;

AND WHEREAS the Commission conducted a hearing into this matter on March 1, 2, 8, 9, and April 10, 2006;

AND WHEREAS theCommission is satisfied that Richard Ochnik and 1464210 Ontario Inc. have not complied with Ontario securities law and have not acted in the public interest;

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

IT IS ORDERED THAT:

1. Pursuant to clause 2 of subsection 127(1) of the Act, trading in any securities by each of the Respondents, Richard Ochnik and 1464210 Ontario Inc., cease permanently;

2. Pursuant to clause 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to each of the Respondents, Richard Ochnik or 1464210 Ontario Inc., permanently;

3. Pursuant to clause 7 of subsection 127(1) of the Act, the Respondent, Richard Ochnik, resign all positions as a director or officer of any issuer;

4. Pursuant to clause 8 of subsection 127(1) of the Act, the Respondent, Richard Ochnik, is prohibited from becoming or acting as director or officer of any issuer permanently; and

5. Pursuant to clause 6 of subsection 127(1) of the Act, the Respondents, Richard

6. Ochnik and 1464210 Ontario Inc., are reprimanded.

Dated at Toronto this 12 th day of April, 2006.

“Paul M. Moore”
Paul M. Moore

“Robert W. Davis”
Robert W. Davis
“David L. Knight”
David L. Knight