IN THE MATTER OF
TCM INVESTMENTS LTD. carrying on business as
OPTIONRALLY, LFG INVESTMENTS LTD., AD PARTNERS SOLUTIONS LTD.,
and INTERCAPITAL SM LTD.
Timothy Moseley, Chair of the Panel
June 13, 2017
Subsection 127(7) of the
Securities Act, RSO 1990, c S.5
THIS APPLICATION, made by Staff of the Ontario Securities Commission pursuant to subsections 127(7) and 127(8) of the Securities Act, RSO 1990, c S.5 (the “Act”), for an extension of the temporary Order issued against the respondents on May 10, 2017 (the “Temporary Order”), was heard on June 12, 2017, at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario;
ON READING Staff’s Memorandum of Fact and Law and the Affidavit of Steve Carpenter sworn May 23, 2017, and on hearing the submissions of Staff of the Commission, no one appearing for the respondents, although properly served as appears from the Affidavits of Service of Laura Filice sworn on May 15 and 25, 2017;
IT IS ORDERED THAT:
- the hearing of Staff’s Application is adjourned, to continue on a date to be fixed by the Registrar but no later than July 7, 2017, should Staff elect to continue the Application; and
- pursuant to subsection 127(7) of the Act, the Temporary Order is extended until July 7, 2017, or the date on which the hearing of Staff’s Application resumes, whichever is earlier.