Settlements

Phoenix Global Capital Inc., et. al. [Sec. 145(1) & Agreed Stmt]

BCSECCOM #:
Document Type:
Published Date:
1989-09-01
Effective Date:
1989-08-29
Details:


IN THE MATTER OF the Securities Act, S.B.C. 1985, c. 83,
as am.
AND IN THE MATTER OF Phoenix Global Capital Inc., Jeffrey
Shear, Stephen Lui and Allan Meiteen
Order under Section 145(1) of the Act
N. de Gelder
August 29, 1989

STATUTES CITED:

   Securities Act, S.B.C. 1985, c. 83, as am., s. 145(1).

   ORDER:-- WHEREAS an Agreed Statement of Facts and Undertaking was executed by Jeffrey Shear ("Shear") and the Superintendent of Brokers ("Superintendent"), a copy of which is attached hereto as Schedule "A";

   AND WHEREAS an Agreed Statement of Facts and Undertaking was executed by Stephen Lui ("Lui") and the Superintendent, a copy of which is attached hereto as Schedule "B";

   AND WHEREAS an Agreed Statement of Facts and Undertaking was executed by Allan Meiteen ("Meiteen") and the Superintendent, a copy of which is attached hereto as Schedule "C";

   NOW THEREFORE the Superintendent, considering that it would be in the public interest to do so, orders that pursuant to Section 145.1 of the Securities Act S.B.C. 1985, c. 83, as amended (the "Act"):

1.
Shear is prohibited from becoming or acting as a director or officer of any reporting issuer for a period of one (1) year commencing on the date of this Order;
2.
Lui is prohibited from becoming or acting as a director or officer of any reporting issuer for a period of six (6) months commencing on the date of this Order;
3.
Meiteen is prohibited from becoming or acting as a director or officer of any reporting issuer for a period of six (6) months commencing on the date of this Order.
N. de GELDER
Superintendent of Brokers