IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF PETER ROBINSON AND PLATINUM
INTERNATIONAL INVESTMENTS INC.
WHEREAS on December 18, 2009, the Secretary of the Commission issued a Notice of Hearing, pursuant to sections 37, 127 and 127.1 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), for a hearing to commence at the offices of the Commission at 20 Queen Street West, 17th Floor Hearing Room on Monday, January 11th, 2010 at 11 a.m., or as soon thereafter as the hearing can be held;
AND WHEREAS the Notice of Hearing provides for the Commission to consider, among other things, whether, in the opinion of the Commission, it is in the public interest, pursuant to s. 127(5) of the Act to issue a temporary order that:
The respondents, Platinum International Investments Inc. (“Platinum”) and Peter Robinson (“Robinson”) (collectively the “Respondents”) shall cease trading in any securities;
AND WHEREAS Staff of the Commission (“Staff”) served the Respondents with copies of the Notice of Hearing and Staff’s Statement of Allegations dated December 17, 2009, as evidenced by the Affidavit of Kathleen McMillan sworn on January 11, 2010, and filed with the Commission;
AND WHEREAS Staff served the Respondents with a copy of the Affidavit of Lori Toledano, affirmed on January 8, 2010, as evidenced by the Affidavit of Service of Kathleen McMillan sworn on January 8, 2010;
AND WHEREAS on January 11, 2010 Staff of the Commission and Robinson appeared before the Commission and made submissions. Robinson appeared in his personal capacity and as the sole registered director of Platinum. During the hearing on January 11, 2010, Robinson advised the Commission that he consented to the issuance of a temporary cease trade order against himself and against Platinum;
AND WHEREAS on January 11, 2010, Robinson requested an adjournment of the hearing in order to retain counsel;
AND WHEREAS on January 11, 2010, the panel of the Commission considered the Affidavit of Lori Toledano and the submissions made by Staff and Robinson;
AND WHEREAS the panel of the Commission is of the opinion that it is in the public interest to make this order;
IT IS HEREBY ORDERED pursuant to subsection 127(5) of the Act that Robinson and Platinum cease trading in any securities (the “Temporary Cease Trade Order”);
IT IS FURTHER ORDERED pursuant to subsection 127(8) of the Act, that the Temporary Cease Trade Order is extended until February 4, 2010;
IT IS FURTHER ORDERED that the hearing with respect to this matter is adjourned to February 3, 2010, at 9:00 a.m. and all respondents in this matter are requested to attend at that time for the purpose of assisting in the scheduling of the hearing on the merits.
DATED at Toronto this 11th day of January, 2010
"David L. Knight "
David L. Knight, F.C.A.
David L. Knight, F.C.A.