Decisions

Northridge Energy Optimizer Corporaton [Sec. 154.2]

BCSECCOM #:
Document Type:
Sec. 154.2
Published Date:
1995-11-24
Effective Date:
1995-11-16
Details:

COR#95/174
IN THE MATTER OF The Securities Act, S.B.C. 1985, c. 83
AND IN THE MATTER OF Northridge Energy Optimizer Corporaton
AND IN THE MATTER OF Roy Carter and David Tang
Order Under Section 154.2
J.C. Maykut, A. Wanstall, E.L. Lien
November 16, 1995

      ORDER:--  WHEREAS On July 22, 1994, following a hearing held on May 12, 1994, under section 144(1) of the Securities Act S.B.C. 1985, c.83, into the conduct and affairs of Northridge Energy Optimizer Corporation, Roy Carter and David Tang, the British Columbia Securities Commission issued its decision and ordered, inter alia, under section 154.2 of the Act that Northridge, Tang and Carter pay prescribed fees or charges for the costs of or related to the hearing;

      AND WHEREAS Commission staff have submitted under section 183, Item 33(b) of the Securities Regulation, B.C. Reg. 270/86 a bill of $6,718.87 representing prescribed fees and costs incurred by Commission staff in relation to the hearing;

      AND WHEREAS the Commission incurred administrative costs of $1,000 related to one day of hearing;

      AND WHEREAS the submission of Commission staff was provided to the respondents and no submission in response were made by Northridge and Tang;

      AND WHEREAS the Commission has considered the submissions of Commission staff and Carter;

      NOW THEREFORE the Commission orders under section 154.2 of the Act and section 183, Item 33(a) and (b) of the Regulation that Northridge and Tang pay forthwith costs related to the hearing in the amount of $ $7,718.87.

J.C. MAYKUT, Q.C., Vice Chair
A. WANSTALL, Member
E.L. LIEN, Member