IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- and -
IN THE MATTER OF
GROUND WEALTH INC., MICHELLE DUNK,
ADRION SMITH, JOEL WEBSTER, DOUGLAS DEBOER,
ARMADILLO ENERGY INC., ARMADILLO ENERGY, INC.,
and ARMADILLO ENERGY LLC
WHEREAS on February 1, 2013, 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 relation to a Statement of Allegations filed by Staff of the Commission (“Staff”) on February 1, 2013, in respect of Ground Wealth Inc. (“GWI”), Michelle Dunk (“Dunk”), Adrion Smith (“Smith”), Joel Webster (“Webster”), Douglas DeBoer (“DeBoer”), Armadillo Energy Inc. (“Armadillo Texas”), Armadillo Energy, Inc. (“Armadillo Nevada”), and Armadillo Energy LLC (“Armadillo Oklahoma”) (collectively, the “Respondents”);
AND WHEREAS on March 5, 2013, a hearing was held and Staff appeared and made submissions and advised that Smith, GWI, Dunk and Armadillo Nevada had been successfully served with the Notice of Hearing and Statement of Allegations, but that Staff requires additional time to serve the Notice of Hearing and Statement of Allegations on Webster, DeBoer, Armadillo Texas, and Armadillo Oklahoma;
AND WHEREAS counsel for GWI and Dunk appeared and made submissions, Smith appeared personally but made no submissions;
AND WHEREAS Webster, DeBoer, Armadillo Texas, Armadillo Nevada, and Armadillo Oklahoma did not appear;
AND WHEREAS the Commission is of the opinion that it is in the public interest to allow Staff more time to serve the Respondents with the Notice of Hearing and Statement of Allegations;
IT IS ORDERED that the hearing in this matter is adjourned to April 8, 2013, at 9:00 a.m., or on such other date and time as may be set by the Office of the Secretary.
DATED at Toronto this 5th day of March, 2013.
Mary G. Condon