Order: In the Matter of TCM Investments Ltd. et al.
IN THE MATTER OF
TCM INVESTMENTS LTD. carrying on business as
OPTIONRALLY, LFG INVESTMENTS LTD., AD PARTNERS SOLUTIONS LTD.,
and INTERCAPITAL SM LTD.
Timothy Moseley, Chair of the Panel
July 6, 2017
Subsection 127(8) of the
Securities Act, RSO 1990, c S.5
THIS APPLICATION, made by Staff of the Ontario Securities Commission pursuant to subsection 127(8) of the Securities Act, RSO 1990, c S.5 (the “Act”), for an extension of the temporary Order issued against the respondents on May 10, 2017 (the “Temporary Order”), was heard on May 24, June 13 and July 6, 2017, at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario;
ON READING Staff’s Memorandum of Fact and Law and the Affidavit of Steve Carpenter sworn May 23, 2017, and on hearing the submissions of Staff of the Commission, no one appearing for the respondents, although properly served as appears from the Affidavits of Service of Laura Filice sworn on May 15 and 25, 2017;
IT IS ORDERED THAT pursuant to subsection 127(8) of the Act, Staff’s application to extend until September 28, 2017, paragraph 1 of the Temporary Order, which provides that under paragraph 2 of subsection 127(1) of the Act, all trading in any securities by the respondents shall cease, is approved.