Proceedings

Notice from the
Office of the Secretary

Ontario Crest

Ontario
Securities
Commission


20 Queen St. W.
22nd Floor
Toronto, ON M5H 3S8
Commission des
valeurs mobilières
de l'Ontario
FOR IMMEDIATE RELEASE

March 5, 2015


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

- AND -

IN THE MATTER OF BLUESTREAM CAPITAL CORPORATION,
BLUESTREAM INTERNATIONAL INVESTMENTS INC.,
KROWN CONSULTING CORP., 1859585 ONTARIO LTD. (operating as SOVEREIGN INTERNATIONAL INVESTMENTS) and PETER BALAZS



TORONTO – Following the hearing on the merits held In Writing in the above named matter, the Commission issued its Reasons and Decision.

The Commission also issued an Order in the above named matter which provides that:

  1. The Respondents have until March 16, 2015, to notify the Secretary of the Commission that they, or any of them, require an oral sanctions hearing, which, if required, will then be scheduled by the Secretary;
  2. Failing notification, Staff shall serve and file its written submissions on sanctions and costs by March 23, 2015;
  3. The Respondents shall serve and file their written submissions on sanctions and costs by April 20, 2015; and
  4. Staff shall serve and file reply submissions on sanctions and costs, if any, by April 27, 2015.

A copy of the Reasons and Decision dated March 4, 2015 and the Order dated March 4, 2015 are available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
SECRETARY

- 30 -

 

For media inquiries:
media_inquiries@osc.gov.on.ca
     
For Investor Inquiries:     OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)