Temporary Order: In the Matter of David Watson et al.

Order
 
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF
DAVID WATSON, NATHAN ROGERS,
AMY GILES, JOHN SPARROW, LEASESMART, INC.,
ADVANCED GROWING SYSTEMS, INC. (a Florida corporation), PHARM CONTROL LTD.,
THE BIGHUB.COM, INC,, UNIVERSAL SEISMIC ASSOCIATES INC.,
POCKETOP CORPORATION, ASIA TELECOM LTD., INTERNATIONAL ENERGY LTD., CAMBRIDGE RESOURCES CORPORATION, NUTRIONE CORPORATION AND
SELECT AMERICAN TRANSFER CO.


TEMPORARY ORDER
(Sections 127(1), (5) and (8))

 


     WHEREAS, on May 18, 2007, the Ontario Securities Commission (the “Commission”) made an order, pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5., as amended (the “Act”), that:

 

  1. trading in the securities of the following companies shall cease and that any exemptions contained in Ontario securities law do not apply to them: The Bighub.Com, Inc. ("Bighub.Com"); Advanced Growing Systems, Inc. (a Florida corporation) ("Advanced Growing Systems"); LeaseSmart, Inc. ("LeaseSmart"); Cambridge Resources Corporation ("Cambridge Resources"); NutriOne Corporation ("NutriOne"); International Energy Ltd. ("International Energy"); Universal Seismic Associates Inc. ("Universal Seismic"); Pocketop Corporation ("Pocketop"); Asia Telecom Ltd. ("Asia Telecom"); and Pharm Control Ltd. ("Pharm Control"); and
  2. all trading in any securities by Jason Wong, David Watson, Nathan Rogers, Amy Giles, John Sparrow and Kervin Findlay shall cease;

     AND WHEREAS on May 22, 2007, by further order of the Commission made pursuant to subsections 127(1) and (5) of the Act, it was ordered that trading in any securities by Select American Transfer Co. ("Select American") shall cease and that any exemptions contained in Ontario securities law do not apply to them;

     AND WHEREAS the temporary orders dated May 18 and May 22, 2007 (the “Temporary Orders”) were modified and extended from time to time by the Commission;

     AND WHEREAS on September 28, 2007, the Commission ordered that the Temporary Orders, as modified and extended by the Commission, were further extended until November 29, 2007 or until further order of the Commission;

     AND UPON HEARING submissions from counsel for Staff of the Commission and upon being advised by Staff that NutriOne consents to the making of this Order;

     AND UPON HEARING submissions from counsel for Pharm Control that it consents to the making of this Order, and with no one appearing for David Watson, Nathan Rogers, Amy Giles, John Sparrow, LeaseSmart, Cambridge Resources, Advanced Growing Systems, The Bighub.Com, Universal Seismic, Pocketop, International Energy, Select American and Asia Telecom;

     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 hearing to extend the Temporary Orders, as modified, is adjourned against all of the respondents except Pharm Control until June 24, 2008 at 2:30 p.m.;
  2. pursuant to subsection 127 (8) of the Act, the Temporary Orders, as modified, are extended against all of the respondents except Pharm Control until June 24, 2008 or until further order of the Commission, provided that any party may, on 14 days notice, seek to vary the order pursuant to section 144 of the Act;
  3. the hearing to extend the Temporary Orders, as modified, is adjourned for Pharm Control until December 4, 2007 at 10:00 a.m.; and
  4. pursuant to subsection 127(8) of the Act, the Temporary Orders, as modified, are extended against Pharm Control until December 4, 2007 at 10:00 a.m.

DATED at Toronto this 29th day of November, 2007.

 

 

 

"James E. A. Turner"
James E. A. Turner
“Margot C. Howard"
Margot C. Howard