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

PETER BECK,
SWIFT TRADE INC. (continued as 7722656 Canada Inc.), BIREMIS, CORP.,
OPAL STONE FINANCIAL SERVICES S.A., BARKA CO. LIMITED,
TRIEME CORPORATION and a limited partnership referred to as “ANGUILLA LP”

NOTICE OF HEARING
(Request for a Temporary Order)



    WHEREAS on March 23, 2011, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing and a Statement of Allegations in this matter pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act");

    TAKE NOTICE THAT the Commission will hold a hearing pursuant to sections 127 of the Act at the offices of the Commission at 20 Queen Street West, 17th Floor Hearing Room on September 20 and 21, 2011 at 10:00 a.m., or as soon thereafter as the hearing can be held:

    TO CONSIDER whether, in the opinion of the Commission, it is in the public interest, pursuant to subsections 127(1), (4), (5), (6), (7) and (8) of the Act, for the Commission to issue a temporary order that:

  1. trading in any securities by Biremis, Corp. (“Biremis”), Opal Stone Financial Services S.A. (“Opal Stone”), and a limited partnership referred to as “Anguilla LP” (“Anguilla LP”), shall cease until the conclusion of the hearing or until such period as the Commission may order, pursuant to paragraph 2 of section 127(1);
  2. trading in any securities by any agents, employees, successors or assigns of any of Biremis, Opal Stone, or Anguilla LP, through the use of order management systems technology owned by Orbixa Management Services Inc. (“Orbixa”), including computer servers used by Orbixa that are currently located at 1 Yonge Street, Toronto, Ontario (such technology referred to as the “ST Group Electronic Trading Platform”) shall cease until the conclusion of the hearing or until such period as the Commission may order, pursuant to paragraph 2 of section 127(1);
  3. trading by Peter Beck (“Beck”), or any companies or persons that are not individuals, of which Beck is an officer or director, or any entity that is otherwise an associate of Beck (within the meaning of the Act), through the use of the ST Group Electronic Trading Platform, shall cease until the conclusion of the hearing or until such period as the Commission may order, pursuant to paragraph 2 of section 127(1);
  4. any exemptions contained in Ontario securities law do not apply to Biremis, Opal Stone or Anguilla LP until the conclusion of the hearing or until such period as the Commission may order, pursuant to paragraph 3 of section 127(1); and
  5. such other orders as the Commission deems appropriate.

    BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission dated March 23, 2011, the facts set out in materials to be filed, and such additional allegations and evidence as counsel may advise and the Commission may permit.

    AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel at the hearing;

    AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceedings.

DATED at Toronto this 19th day of July, 2011.

 

 

" John Stevenson "
John Stevenson
                     Secretary to the Commission

 

TO:     Biremis, Corp
           Opal Stone Financial Services S.A.
           a limited partnership referred to as “Anguilla LP” and
           Peter Beck
           c/o Stikeman Elliott LLP
           199 Bay Street
           Toronto, Ontario
           M5L 1B9

           Attn: Katherine Kay, Alex Rose