Proceedings

Notice from the
Office of the Secretary
Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario
FOR IMMEDIATE RELEASE

December 17, 2007


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF
FIRST GLOBAL VENTURES, S.A., ABRAHAM HERBERT GROSSMAN (a.k.a. ALLEN
GROSSMAN) AND ALAN MARSH SHUMAN (a.k.a. ALAN MARSH)


TORONTO – Following a hearing held in April 2007, the Commission issued its Reasons For Decision on the Merits in the above noted matter.

A copy of the Reasons For Decision on the Merits dated December 14, 2007 is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


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