News & Events

News Release

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

December 15, 2011


INVESTOR ALERT – BLUEPORT CAPITAL CORP. and
JOHN HARE


TORONTO – The Ontario Securities Commission (OSC) is alerting investors not to purchase securities from Blueport Capital Corp. or its principal, John Hare.

Effective December 13, 2011, OSC staff suspended the registration of Blueport Capital Corp. and of Mr. Hare. A suspension means that Blueport Capital Corp. and Mr. Hare may no longer sell securities to investors.

The decision to suspend the registration of Blueport Capital Corp. and of Mr. Hare was communicated orally during proceedings held at the offices of the OSC on Tuesday, December 13, 2011. It is anticipated that written reasons for the decision will be prepared and published on the OSC website.

If you have any questions or information relating to this matter, please contact the OSC Contact Centre at 416-593-8314 or toll free at 1-877-785-1555.

Under section 28 of the Securities Act (Ontario), OSC staff may suspend the registration of an individual or a firm if we have serious concerns about their continued fitness for registration, or if we determine that it is no longer in the public interest that they be registered.

The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in capital markets. Investors are urged to check the registration of any person or company offering an investment opportunity and to review the OSC’s investor materials available at www.osc.gov.on.ca.


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For Media Inquiries: media_inquiries@osc.gov.on.ca     Wendy Dey
Director, Communications & Public Affairs
416-593-8120

Carolyn Shaw-Rimmington
Manager, Public Affairs
416-593-2361

Dylan Rae
Media Relations Specialist
416-595-8934

For Investor Inquiries:     OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)