Notices of Hearing & Temporary Orders
Adis Golic, et al. [Hearing Adjournment and Extension of Temporary Order]
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BCSECCOM #:
2008 BCSECCOM 315
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Document Type:
Hearing Adjournment and Extension of Temporary Order
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Published Date:
2008-07-28
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Effective Date:
2008-06-04
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Details:
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2008 BCSECCOM 315 - corrected
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2008 BCSECCOM 315
Hearing Adjournment and Extension of Temporary Order
Adis Golic (also known as Ady Golic), Adcapital Industries Inc.
and AD Capital U.S. Inc.
Section 161 of the Securities Act, RSBC 1996, c. 418
Adis Golic (also known as Ady Golic), Adcapital Industries Inc.
and AD Capital U.S. Inc.
Section 161 of the Securities Act, RSBC 1996, c. 418
¶ 1 The British Columbia Securities Commission will hold a hearing to determine whether it is in the public interest to make orders under section 161(1) of the Act against Adcapital Industries Inc., AD Capital U.S. Inc. and Adis Golic, also known as Ady Golic.
¶ 2 On May 20, 2008, the Executive Director issued a temporary order and notice of hearing against the respondents. The temporary order was set to expire on June 3, 2008.
¶ 3 On June 3, 2008, with the consent of the parties, the Commission, considering it necessary and in the public interest, under section 161(3) of the Act:
- extended the temporary order until a hearing is held and a decision is rendered; and
- adjourned the hearing to January, 2009 on a day agreed to by the parties, or by the Commission failing agreement, and on that day at 10 am at the British Columbia Securities Commission, 12th floor, 701 West Georgia Street, Vancouver, BC, the parties will inform the Commission of their readiness to set a date for the hearing.
¶ 4 June 4, 2008
Kenneth G. Hanna
Commissioner
Shelley C. Williams
Commissioner