Proceedings

PDF Version
PDF Version


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

and

IN THE MATTER OF
LIMELIGHT ENTERTAINMENT INC., CARLOS A. DA SILVA,
DAVID C. CAMPBELL, JACOB MOORE
and JOSEPH DANIELS


ORDER
(Sections 127 and 127.1)

      WHEREAS on April 25, 2006, the Ontario Securities Commission (the “Commission”) issued an Amended Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act (the “Act”) in respect of Limelight Entertainment Inc. (“Limelight”), Carlos Da Silva, David C. Campbell, Jacob Moore (“Moore”) and Joseph Daniels;

      AND WHEREAS Moore entered into a Settlement Agreement with Staff of the Commission dated July 25, 2007 (the “Settlement Agreement”) in which Moore agreed to a proposed settlement of the proceeding commenced by the Amended Notice of Hearing, subject to the approval of the Commission;

      AND WHEREAS Moore has provided the Commission with a written undertaking to co-operate with Staff in relation to the investigation of this matter and any related enforcement proceedings;

      AND UPON reviewing the Settlement Agreement, the Amended Notice of Hearing and Amended Statement of Allegations of Staff of the Commission, and upon hearing submissions from counsel for Moore and from Staff of the Commission;

      AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order:

      IT IS HEREBY ORDERED that:
  1. The Settlement Agreement, a copy of which is attached as Schedule “A”, is approved;
  2. pursuant to paragraph 2 of s. 127(1) of the Act, Moore will cease trading in any securities for a period of 4 years, with the exception that Moore is permitted to trade securities for the account of his registered retirement savings plan (as defined in the Income Tax Act (Canada));
  3. any exemptions contained in Ontario securities law will not apply to Moore for a period of 4 years, pursuant to paragraph 3 of s. 127(1), except for the exemptions needed to trade in securities in the manner specified in paragraph (a) above;
  4. pursuant to s. 37(1) of the Act, Moore shall, on a permanent basis, not telephone from within Ontario to any residence within or outside Ontario for the purpose of trading in any security or in any class of securities; and
  5. pursuant to s. 127.1 of the Act, Moore shall pay to the Commission $5,000 in costs.

DATED at Toronto on this "2nd" day of August, 2007


Lawrence E. Ritchie
Lawrence E. Ritchie
Robert L. Shirriff
Robert L. Shirriff