Order: In the Matter of Buffalo Grand Hotel Inc. et al.
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
March 9, 2022
ORDER
(Subsections 127(8) and 127(1) of the
Securities Act, RSO 1990 c S.5)
WHEREAS on March 9, 2022, the Ontario Securities Commission held a hearing by videoconference to consider a motion by Staff of the Commission to extend a temporary order dated February 22, 2022 (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 hearing the submissions of the representatives of Staff and of the Respondents, and on considering that the Respondents consent to an extension of the Temporary Order;
IT IS ORDERED that:
- pursuant to subsection 127(8) and paragraph 2 of subsection 127(1) of the Securities Act (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 July 6, 2022; and
- 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 July 6, 2022.
”Timothy Moseley”
Timothy Moseley