IN THE MATTER OF
THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
IN THE MATTER OF
MARLON GARY HIBBERT,
ASHANTI CORPORATE SERVICES INC.,
DOMINION INTERNATIONAL RESOURCE MANAGEMENT INC.,
KABASH RESOURCE MANAGEMENT,
POWER TO CREATE WEALTH INC.
AND POWER TO CREATE WEALTH INC. (PANAMA)
WHEREAS on January 28, 2011, the Ontario Securities Commission (the "Commission") issued a temporary cease trade order (the "Temporary Order") pursuant to subsections 127(1) and 127(5) of the Securities Act, R.S.O. 1990 c. S.5, as amended (the "Act") ordering the following:
1. that all trading by Ashanti Corporate Services Inc. ("Ashanti"), Power to Create Wealth Inc. ("PCW"), Dominion International Resource Management Inc. ("Dominion"), Kabash Resource Management ("Kabash"), Power to Create Wealth Inc. (Panama) ("PCWP") and Marlon Gary Hibbert ("Hibbert") shall cease;
2. that all trading in any securities of Ashanti, PCW, Dominion, Kabash, and PCWP shall cease; and
3. that the exemptions contained in Ontario securities law do not apply to Ashanti, PCW, Dominion, Kabash, PCWP and Hibbert.
AND WHEREAS on January 28, 2011, the Commission ordered that the Temporary Order shall expire on the 15th day after its making unless extended by the Commission;
AND WHEREAS on January 28, 2011, the Commission issued a Notice of Hearing to consider, among other things, the extension of the Temporary Order, to be held on February 11, 2011;
AND WHEREAS on February 11, 2011, the Commission ordered that the Temporary Order was extended until July 28, 2011 and that the hearing was adjourned to July 26, 2011;
AND WHEREAS on March 29, 2011, the Commission issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Act in connection with a Statement of Allegations dated March 29, 2011, issued by Staff of the Commission ("Staff");
AND WHEREAS on April 27, 2011, the Commission heard submissions from counsel for Staff and submissions from Hibbert;
AND WHEREAS all parties consent to setting the matter down for a hearing on the merits commencing December 1, 2011 for a consecutive period of two weeks except for the day of December 6, 2011;
AND WHEREAS all parties consent to the delivery of documents for disclosure occurring on August 12, 2011;
ND 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 shall commence December 1, 2011 at 10:00 a.m.;
IT IS FURTHER ORDERED that a pre-hearing conference will be held on October 11, 2011 at 2:30 p.m.;
IT IS FURTHER ORDERED the exchange of documents for disclosure shall occur on August 12, 2011.
DATED at Toronto this 27th day of April, 2011.