IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- AND -
IN THE MATTER OF VINCENT CICCONE and CABO CATOCHE CORP. (a.k.a.
MEDRA CORP. and MEDRA CORPORATION)
WHEREAS on October 3, 2011, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) in connection with a Statement of Allegations filed by Staff of the Commission (“Staff”) on September 30, 2011 with respect to Vincent Ciccone (“Ciccone”) and Medra Corp.;
AND WHEREAS on March 7, 2012, the Commission ordered that the hearing on the merits in this matter take place on September 5, 2012 at 10:00 a.m. and continue on September 6, 7, 10, 12, 13, 14, 19, 20 and 21, 2012, each day commencing at 10:00 a.m.;
AND WHEREAS on May 3, 2012, the Commission issued an Amended Notice of Hearing in connection with an Amended Statement of Allegations filed by Staff on May 2, 2012 to amend the title of proceedings by replacing the name “Medra Corp.” with “Cabo Catoche Corp. (a.k.a Medra Corp. and Medra Corporation)” (collectively, “Medra”);
AND WHEREAS on August 23, 2012, the parties were advised by the Office of the Secretary that September 10, 2012 was no longer available for the hearing on the merits in this matter;
AND WHEREAS on September 5, 2012, Staff appeared before the Commission, counsel for Ciccone did not appear and no one appeared on behalf of Medra;
AND WHEREAS on September 5, 2012, Staff advised the Commission that Staff and counsel for Ciccone requested that the hearing be adjourned to September 7, 2012 at 11:00 a.m. in view of the settlement negotiations between Staff and Ciccone;
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 on the merits in this matter is adjourned to September 7, 2012 at 11:00 a.m. and shall continue on September 12, 13, 14, 19, 20 and 21, 2012, each day commencing at 10:00 a.m.
DATED at Toronto this 5th day of September, 2012.
Vern Krishna, Q.C.