IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF
SULJA BROS. BUILDING SUPPLIES, LTD. (NEVADA),
SULJA BROS. BUILDING SUPPLIES LTD.,
KORE INTERNATIONAL MANAGEMENT INC.,
PETAR VUCICEVICH AND ANDREW DeVRIES
osc.gov.on.ca
TEMPORARY ORDER
(Section 127(7))
WHEREAS on December 22 2006, the Ontario Securities Commission (the “Commission”) ordered pursuant to sections 127(1) and 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) that immediately for a period of 15 days from the date thereof: (a) all trading in securities of Sulja Bros. Building Supplies, Ltd. (Nevada) (“Sulja Nevada”) cease; and (b) any exemptions in Ontario securities law do not apply to the Respondents (the “Temporary Order”);
AND WHEREAS on December 27, 2006, the Commission issued a Notice of Hearing and Statement of Allegations in this matter;
AND WHEREAS the Respondents Sulja Nevada, Sulja Bros. Building Supplies Ltd. (“Sulja Ontario”), Kore International Management Inc. (“Kore”), and Petar Vucicevich (“Vucicevich”) do not oppose the continuation of the Temporary Order;
AND WHEREAS on December 22, 2006 and December 28, 2006, respectively, the Respondent Andrew DeVries was served with the Temporary Order and the Notice of Hearing and Statement of Allegations and, having notice of the hearing, did not appear before the Commission to oppose the continuation of the Temporary Order;
AND WHEREAS on January 8, 2007 the Temporary Order was extended to March 23, 2007;
AND UPON HEARING submissions from counsel for Staff of the Commission and upon being advised that Sulja Ontario, Sulja Nevada, Kore and Vucicevich do not oppose the extension of the Temporary Order;
AND WHEREAS the Respondent Andrew DeVries was served with the hearing material on March 21, 2007 at 8:15 a.m. and did not appear;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED THAT :
1. the Temporary Order is continued until July 5, 2007 or until further order of the Commission.
DATED at Toronto this 23 rd day of March, 2007.
”Wendell S. Wigle”
Wendell W. Wigle, Q.C.
”
Margot C. Howard”
Margot C. Howard
”James E. A. Turner”
James E. A. Turner
osc.gov.on.ca |
