Notices of Hearing & Temporary Orders
TRI-WEST INVESTMENT CLUB, et. al. [Hearing Date and Extension of Temporary Order]
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BCSECCOM #:
2001 BCSECCOM 474
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Document Type:
Hearing Date and Extension of Temporary Order
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Published Date:
2001-05-08
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Effective Date:
2001-05-08
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Details:
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2001 BCSECCOM 474
COR#01/058
IN THE MATTER OF THE SECURITIES ACT
R.S.B.C. 1996, c. 418
AND
IN THE MATTER OF TRI-WEST INVESTMENT CLUB, TRIWESTINVEST.COM,
HAARLEM UNIVERSAL CORPORATION AND FIRST EQUITY CAPITAL
AND
IN THE MATTER OF JASON KINGSLEY, MARK GOLDMAN, ALAN RICHARDS,
ALEX HAARLEM, DEL MICHEL ALBERT DELISLE AND JOHN BYRON
(ALL Collectively referred to as “the Respondents”)
Hearing Dates and Extension of Temporary Orders
[para 1]
On April 20, 2001, the Executive Director issued a notice to the Respondents that the British Columbia Securities Commission will hold a hearing to determine whether it is in the public interest to issue orders under the Securities Act against the Respondents. On the same day, the Executive Director issued temporary orders that
· all persons cease trading in the securities of Tri-West;
· all of the exemptions described in sections 44 to 47, 74, 75, 98 or 99 of the Act not apply to the Respondents;
· Kingsley, Goldman, Richards, Haarlem, Delisle and Byron resign any position that they hold as a director and officer of any issuer and be prohibited from becoming or acting as a director or officer of any issuer;
· the Respondents be prohibited from engaging in investor relations activities; and
· the Respondents be prohibited from disseminating to the public, or authorizing the dissemination to the public of, any advertisements and sales materials that are materially misleading or otherwise likely to deceive the public, including, but not limited to, those materials that relate to referenced offers for sale of the securities of Tri-West.
[para 2]
On May 4, 2001, the Commission heard an application by the Executive Director to extend the temporary orders and to set a date for the hearing. At the conclusion of the application, the Commission
1. considering it to be necessary and in the public interest, extended the temporary orders until the hearing is held and a decision is rendered, and
2. set the hearing for five days commencing at 10:00 a.m. on August 13, 2001, at the British Columbia Securities Commission, 701 West Georgia Street, Vancouver.
[para 3]
May 8, 2001.
Adrienne R. Salvail-Lopez, Commissioner
Joan L. Brockman, Commissioner
John K. Graf, Commissioner