IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- AND -
IN THE MATTER OF VINCENT CICCONE and MEDRA CORP.
WHEREAS on October 3, 2011, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing (the “Notice of Hearing”) pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), accompanied by a Statement of Allegations dated September 30, 2011 filed by Staff of the Commission (“Staff”) with respect to Vincent Ciccone (“Ciccone”) and Medra Corp. (“Medra”) (the “Statement of Allegations”);
AND WHEREAS the Notice of Hearing set a hearing in this matter for November 1, 2011 at 10:00 a.m.;
AND WHEREAS counsel for Ciccone attended the hearing and no-one attended for Medra although the Notice of Hearing and Statement of Allegations were served on an individual who represented himself to third parties as being an officer of Medra and who Staff believes is currently residing in Mexico (“Medra’s representative”);
AND WHEREAS Staff advised that it intends to deliver the first tranche of disclosure to counsel for Ciccone by November 4, 2011 and to deliver any remaining disclosure at the time to counsel for Ciccone by November 14, 2011;
AND WHEREAS Staff advised that it intends to advise Medra’s representative that disclosure will be available for inspection at the Commission’s offices by November 4, 2011 in respect of the first tranche of disclosure and by November 14, 2011 in respect of any remaining disclosure at that time;
AND WHEREAS Staff and counsel for Ciccone consent that a confidential pre-hearing conference be scheduled in this matter for December 16, 2011;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;
IT IS ORDERED that the hearing is adjourned to a confidential pre-hearing conference in this matter shall take place on December 16, 2011 at 10:00 a.m.
DATED at Toronto this 1st of November, 2011.
Paulette L. Kennedy