Order: In the Matter of Buffalo Grand Hotel Inc. et al.

Order

IN THE MATTER OF
BUFFALO GRAND HOTEL INC., STINSON HOSPITALITY MANAGMENT INC., STINSON HOSPITALITY CORP., RESTORATION FUNDING CORPORATION, and HARRY STINSON

Timothy Moseley, Vice-Chair and Chair of the Panel

File No.: 2020-11

February 22, 2022

 

ORDER

(Subsections 127(8) and 127(1) of the
Securities Act, RSO 1990 c S.5)

WHEREAS the Ontario Securities Commission held a hearing in writing to consider a motion by Staff of the Commission to extend, until the conclusion of the merits hearing in a related matter (Re Harry Stinson et al., file no. 2022-3), a temporary order dated November 16, 2021 (the Temporary Order) against Buffalo Grand Hotel Inc., Stinson Hospitality Management Inc., Stinson Hospitality Corp., Restoration Funding Corporation, and Harry Stinson (together, the Respondents);

ON READING the materials filed by Staff and on considering that the Respondents consent to an extension of the Temporary Order;

IT IS ORDERED that:

  1. pursuant to subsection 127(8) and paragraph 2 of subsection 127(1) of the Securities Act, RSO 1990 c S.5 (the Act), all trading in any securities by or of the Respondents or any person on their behalf shall cease until 4:30 p.m. on March 9, 2022;
  2. pursuant to subsection 127(8) and paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to the Respondents until 4:30 p.m. on March 9, 2022; and
  3. a further hearing in this matter is set for March 9, 2022, at 10:00am by videoconference.

 

Timothy Moseley "
Timothy Moseley