[1] This is the liability portion of a hearing under sections 161(1) and 162 of the Securities Act, RSBC 1996, c. 418.

 

[2] In a notice of hearing issued on December 18, 2013 (2013 BCSECCOM 545), the executive director alleged that:

• Wireless Wizard Technologies Inc.(WWTI), Raymond Michael Roger Sasseville (Ray), Edith Marie Sasseville (Edith) and Richard Keller contravened sections 34 and 61 of the Act by trading and distributing convertible debentures issued by WWTI to eight investors for a total of $162,500 without being registered or filing a prospectus, and
• The individual respondents, as directors and officers or as de facto directors and officers, employees or agents of WWTI, authorized, permitted or acquiesced in WWTI’s contraventions of sections 34 and 61 and therefore contravened the same provisions under section 168.2 of the Act.

 

[3] The notice of hearing was amended on September 30, 2014 (2014 BCSECCOM 402) to include an allegation that the respondents’ conduct described in the notice of hearing was contrary to the public interest.

 

[4] At the hearing the executive director called five witnesses: a Commission investigator and four investors, including John Duresky. Duresky was president and chief executive officer of WWTI during some of the relevant period. The respondents called two witnesses: Edith and Keller.