Proceedings

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

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IN THE MATTER OF
JV RALEIGH SUPERIOR HOLDINGS INC.,
MAISIE SMITH (also known as MAIZIE SMITH) and INGRAM JEFFREY ESHUN

NOTICE OF HEARING
(Subsections 127(1) and 127(10))



    TAKE NOTICE THAT the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to subsections 127(1) and 127(10) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), at the temporary offices of the Commission, 333 Bay Street, Suite 900, Toronto, Ontario, commencing on March 6, 2013 at 11:00 a.m.;

    TO CONSIDER whether, pursuant to paragraph 4 of subsection 127(10) of the Act, it is in the public interest for the Commission:

  1. to make an order against JV Raleigh Superior Holdings Inc. (“JV Raleigh”) that:
    1. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by or of JV Raleigh cease permanently;
  2. to make an order against Maisie Smith (also known as Maizie Smith) (“Smith”) that:
    1. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by Smith cease permanently, except that she may trade and purchase securities and exchange contracts through accounts in her own name at the registered dealer referred to in the order of the British Columbia Securities Commission dated December 24, 2012 (the “BCSC Order”), provided she gives a copy of the BCSC Order to that dealer;
    2. pursuant to paragraph 2.1 of subsection 127(1) of the Act, the acquisition of any securities by Smith cease permanently;
    3. pursuant to paragraph 7 of subsection 127(1) of the Act, Smith resign any positions that she holds as director or officer of an issuer;
    4. pursuant to paragraph 8 of subsection 127(1) of the Act, Smith be prohibited permanently from becoming or acting as an officer or director of an issuer;
    5. pursuant to paragraph 8.1 of subsection 127(1) of the Act, Smith resign any positions that she holds as director or officer of a registrant;
    6. pursuant to paragraph 8.2 of subsection 127(1) of the Act, Smith be prohibited permanently from becoming or acting as an officer or director of a registrant; and
    7. pursuant to paragraph 8.5 of subsection 127(1) of the Act, Smith be prohibited permanently from becoming or acting as a registrant or as a promoter; and
  3. to make an order against Ingram Jeffrey Eshun (“Eshun”) that:
    1. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by Eshun cease permanently;
    2. pursuant to paragraph 2.1 of subsection 127(1) of the Act, the acquisition of any securities by Eshun cease permanently;
    3. pursuant to paragraph 7 of subsection 127(1) of the Act, Eshun resign any positions that he holds as director or officer of an issuer;
    4. pursuant to paragraph 8 of subsection 127(1) of the Act, Eshun be prohibited permanently from becoming or acting as an officer or director of an issuer;
    5. pursuant to paragraph 8.1 of subsection 127(1) of the Act, Eshun resign any positions that he holds as director or officer of a registrant;
    6. pursuant to paragraph 8.2 of subsection 127(1) of the Act, Eshun be prohibited permanently from becoming or acting as an officer or director of a registrant; and
    7. pursuant to paragraph 8.5 of subsection 127(1) of the Act, Eshun be prohibited permanently from becoming or acting as a registrant or as a promoter; and
  4. to make such other order or orders as the Commission considers appropriate.

    BY REASON of the allegations set out in the Statement of Allegations of Staff of the Commission dated February 15, 2013 and by reason of an order of the British Columbia Securities Commission dated December 24, 2012, and such additional allegations as counsel may advise and the Commission may permit;

    AND TAKE FURTHER NOTICE that at the hearing on March 6, 2013 at 11:00 a.m., Staff will bring an application to proceed with the matter by written hearing, in accordance with Rule 11 of the Ontario Securities Commission Rules of Procedure (2012), 35 OSCB 10071 and section 5.1 of the Statutory Powers Procedure Act, R.S.O. 1990, c. S.22, as amended, and any party to the proceeding may make submissions in respect of the application to proceed by written hearing;

    AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel if that party attends or submits evidence at the hearing;

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

    DATED at Toronto this 22nd day of February, 2013.

 

" Josėe Turcotte "
for: John Stevenson
             Secretary to the Commission