Notices of Hearing & Temporary Orders
Sniper Sports Ltd., et al. [Extension & Adjournment]
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BCSECCOM #:
2004 BCSECCOM 649
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Document Type:
Extension & Adjournment
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Published Date:
2004-11-19
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Effective Date:
2004-11-18
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Details:
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2004 BCSECCOM 649
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2004 BCSECCOM 649
Sniper Sports Ltd., 592087 B.C. Ltd., William Ronald Moll
and Glenn Anthony Rosen
(also known as Anthony G. Rosen & Glenn Anthony Carl Rosen)
and
Statik Sports Inc. and Glenn Anthony Rosen,
also known as Anthony G. Rosen and Glenn Anthony Carl Rosen
Section 161 of the Securities Act, RSBC 1996, c. 418
Extension of Temporary Orders and Adjournment
and Glenn Anthony Rosen
(also known as Anthony G. Rosen & Glenn Anthony Carl Rosen)
and
Statik Sports Inc. and Glenn Anthony Rosen,
also known as Anthony G. Rosen and Glenn Anthony Carl Rosen
Section 161 of the Securities Act, RSBC 1996, c. 418
Extension of Temporary Orders and Adjournment
¶ 1 The British Columbia Securities Commission is to determine whether it is in the public interest to make orders under the Securities Act against the above parties.
¶ 2 On May 7, 2003, the executive director issued a notice of hearing with respect to Sniper Sports Ltd, 592087 BC Ltd, William Ronald Moll and Glenn Anthony Rosen to be heard on November 17, 2004.
¶ 3 On November 15, 2004, the executive director issued a notice of hearing with respect to Statik Sports Inc. (Statik) and Glenn Anthony Rosen (Rosen) to be heard on November 17, 2004 and ordered that:
1. under section 161(1)(a) of the Act, Statik and Rosen comply with and cease contravening the Act and the regulations;
2. under section 161(1)(b) of the Act, Statik and Rosen cease trading in and be prohibited from purchasing any securities or exchange contracts; and
3. under section 161(1)(d) of the Act, Rosen resign from any positions he may hold as, and be prohibited from becoming or acting as, a director or officer of any issuer, and Statik and Rosen be prohibited from engaging in investor relations activities,
for a period expiring on November 30, 2004.
¶ 4 On November 17, 2004, the commission:
· adjourned both hearings to December 1, 3 and 6, 2004 at 10 am at the British Columbia Securities Commission, and
· considering it to be necessary and in the public interest, extended the temporary orders until December 6, 2004.
¶ 5 November 18, 2004
Robin E. Ford
Commissioner
Joan L. Brockman
Commissioner
Marc A. Foreman
Commissioner