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
ORDER
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 on January 8, 2007 the Temporary Order was extended to March 23, 2007;
AND WHEREAS on March 23, 2007 the Temporary Order was extended to July 5, 2007;
AND WHEREAS on July 5, 2007 the Temporary Order was extended to September 7, 2007;
AND WHEREAS on September 7, 2007, the Temporary Order was extended to October 31, 2007;
AND WHEREAS the Respondents Sulja Nevada, Sulja Bros. Building Supplies Ltd. (“Sulja Ontario”), Kore International Management Inc. (“Kore”), Petar Vucicevich (“Vucicevich”) and DeVries, having notice of the hearing, did not appear before the Commission to oppose the continuation of the Temporary Order;
AND WHEREAS the Respondents Sulja Nevada, Sulja Ontario, Kore and Vucicevich gave written consent to the adjournment of the hearing to January 2008;
AND WHEREAS Staff represents that DeVries was contacted by telephone and consented to adjournment of the hearing to January 2008, and that the Respondents do not oppose the continuation of the Temporary Order;
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 to January 22, 2008.
DATED at Toronto this 31 st day of October, 2007.
“James E. A. Turner”
James E. A. Turner
“Suresh Thakrar”
Suresh Thakrar
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
ORDER
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 on January 8, 2007 the Temporary Order was extended to March 23, 2007;
AND WHEREAS on March 23, 2007 the Temporary Order was extended to July 5, 2007;
AND WHEREAS on July 5, 2007 the Temporary Order was extended to September 7, 2007;
AND WHEREAS on September 7, 2007, the Temporary Order was extended to October 31, 2007;
AND WHEREAS the Respondents Sulja Nevada, Sulja Bros. Building Supplies Ltd. (“Sulja Ontario”), Kore International Management Inc. (“Kore”), Petar Vucicevich (“Vucicevich”) and DeVries, having notice of the hearing, did not appear before the Commission to oppose the continuation of the Temporary Order;
AND WHEREAS the Respondents Sulja Nevada, Sulja Ontario, Kore and Vucicevich gave written consent to the adjournment of the hearing to January 2008;
AND WHEREAS Staff represents that DeVries was contacted by telephone and consented to adjournment of the hearing to January 2008, and that the Respondents do not oppose the continuation of the Temporary Order;
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 to January 22, 2008.
DATED at Toronto this 31 st day of October, 2007.
“James E. A. Turner”
James E. A. Turner “Suresh Thakrar”
Suresh Thakrar |
