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 FRANKLIN DANNY WHITE,
NAVEED AHMAD QURESHI,
WNBC THE WORLD NETWORK BUSINESS CLUB LTD.,
MMCL MIND MANAGEMENT CONSULTING,
CAPITAL RESERVE FINANCIAL GROUP, and
CAPITAL INVESTMENTS OF AMERICA


ORDER


      WHEREAS on February 7, 2008, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing and Statement of Allegations pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) with respect to the respondents Franklin Danny White (“White”), Naveed Ahmad Qureshi (“Qureshi”), WNBC The World Network Business Club Ltd. (“WNBC”), Mind Management Consulting (“MMCL”), Capital Reserve Financial Group (“Capital Reserve”) and Capital Investments of America (“Capital Investments”);

      AND WHEREAS the first appearance for this matter was scheduled for Thursday, February 28, 2008 at 11:00 a.m.;

      AND WHEREAS Staff of the Commission (“Staff”) appeared at the hearing held on Thursday, February 28, 2008;

      AND WHEREAS the Commission ordered that this matter be adjourned to March 18, 2008 at 3:00 p.m. for the purpose of scheduling hearing dates for the hearing on the merits and a pre-hearing conference;

      AND WHEREAS on Tuesday, March 18, 2008 Staff and White (for himself, WNBC, and MMCL) appeared at the hearing held and made submissions to the Commission as to proposed dates for the hearing on the merits;

      AND WHEREAS Staff and White advised the Commission that they were content with hearing dates to begin January 12, 2009 and ending on January 23, 2009;

      AND WHEREAS White advised the Commission that he has spoken to Qureshi, who is no longer represented by counsel, and who is representing himself, Capital Reserve and Capital Investments, and Qureshi indicated to White that he agreed to the proposed dates for the hearing on the merits;

      AND WHEREAS the parties requested that a pre-hearing conference be scheduled on June 24, 2008;

      AND WHEREAS the Commission considers it to be in the public interest to make this order;

      AND WHEREAS by Commission order dated April 4, 2007, pursuant to subsection 3.5(3) of the Act, each of W. David Wilson, James E. A. Turner, Lawrence E. Ritchie, Robert L. Shirriff, Harold P. Hands, Paul K. Bates and David L. Knight, acting alone, is authorized to make orders under section 127 of the Act;

      IT IS HEREBY ORDERED:
  1. that the hearing on the merits shall begin on January 12, 2009 and shall continue through to January 23, 2009, if necessary; and
  2. that this matter be adjourned to June 24, 2008 at 2:30 p.m. for the purpose of a pre-hearing conference.

DATED at Toronto this 19th day of March 2008.

" Lawrence E. Ritchie "
Lawrence E. Ritchie