Order: In the Matter of USI Tech Limited et al.
FILE NO.: 2018-8
IN THE MATTER OF
USI TECH LIMITED, ELEANOR PARKER AND CASEY COMBDEN
Timothy Moseley, Vice-Chair and Chair of the Panel
February 26, 2018
(Subsection 127(8) of Securities Act, RSO 1990 c S.5)
WHEREAS on February 26, 2018, the Ontario Securities Commission held a hearing at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario, to consider an application by Staff of the Commission to extend a temporary order dated February 14, 2018 (the Temporary Order);
ON READING the materials filed by Staff and an email correspondence between Staff and prospective counsel for all of the respondents (the Email Correspondence),and on hearing the submissions of the representative for Staff, no one appearing for the respondents although properly served as appears from the Email Correspondence,
IT IS ORDERED THAT:
- With respect to USI Tech Limited and Casey Combden, pursuant to subsection 127(8) of Securities Act, RSO 1990 c S.5 (the Act), paragraphs 1 and 2 of the Temporary Order are extended until April 6, 2018;
- With respect to Eleanor Parker, pursuant to subsection 127(8) of the Act, paragraph 1 of the Temporary Order is extended until April 6, 2018, except that it is only extended with respect to trading in securities of USI Tech Limited;
- Any motion by Staff to extend the Temporary Order further shall be heard at 10:00am on April 5, 2018.