| Notice from the Office of the Secretary |
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| Ontario Securities Commission 20 Queen St. W. Box 55, Suite 1900 Toronto, ON M5H 3S8 |
Commission des valeurs mobilières de l'Ontario |
FOR IMMEDIATE RELEASE July 26, 2007 |
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
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SAXON FINANCIAL SERVICES, SAXON CONSULTANTS, LTD., INTERNATIONAL MONETARY SERVICES , FXBRIDGE TECHNOLOGY, MEISNER CORPORATION, MERCHANT CAPITAL MARKETS, S.A., MERCHANT CAPITAL MARKETS, MERCHANTMARX
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SIMON BACHUS, JOSEPH CUNNINGHAM, RICHARD CLIFFORD, RYAN CASON, JOHN HALL, DONNY HILL, JEREMY JONES, MARK KAUFMANN, CONRAD PRAAMSMA, JUSTIN PRAAMSMA, SCOTT SANDERS, JACK SINNI, MARC THIBAULT, SEAN WILSON AND TODD YOUNG
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
SAXON FINANCIAL SERVICES, SAXON CONSULTANTS, LTD., INTERNATIONAL MONETARY SERVICES , FXBRIDGE TECHNOLOGY, MEISNER CORPORATION, MERCHANT CAPITAL MARKETS, S.A., MERCHANT CAPITAL MARKETS, MERCHANTMARX
- AND -
SIMON BACHUS, JOSEPH CUNNINGHAM, RICHARD CLIFFORD, RYAN CASON, JOHN HALL, DONNY HILL, JEREMY JONES, MARK KAUFMANN, CONRAD PRAAMSMA, JUSTIN PRAAMSMA, SCOTT SANDERS, JACK SINNI, MARC THIBAULT, SEAN WILSON AND TODD YOUNG
TORONTO - The Ontario Securities Commission (the "Commission") issued a temporary cease trade order today pursuant to sections 127(1) and 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") on July 26, 2007 that the above noted Respondents, their officers, directors, employees and/or agents cease trading in all securities (the “Temporary Order”). In connection with the Temporary Order, the Commission also issued a Notice of Hearing setting the matter down to be heard on August 9, 2007.
Copies of the Temporary Order and Notice of Hearing are available at www.osc.gov.on.ca
OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY
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| For media inquiries: | Wendy Dey Director, Communications & Public Affairs 416-593-8120 |
| Laurie Gillett Manager, Public Affairs 416-595-8913 |
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| For Investor Inquiries: | OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free) |