Order: In the Matter of Buffalo Grand Hotel Inc. et al.

IN THE MATTER OF
BUFFALO GRAND HOTEL INC., STINSON HOSPITALITY MANAGEMENT INC., STINSON HOSPITALITY CORP., RESTORATION FUNDING CORPORATION, and HARRY STINSON

Timothy Moseley, Vice-Chair and Chair of the Panel

File No. 2020-11

April 3, 2020

ORDER

(Subsections 127(8) and 127(1) of the
Securities Act, RSO 1990 c S.5)

WHEREAS on April 3, 2020, the Ontario Securities Commission held a hearing by teleconference to consider an application by Staff of the Commission (Staff) to extend a temporary order dated March 20, 2020 (the Temporary Order), against the Buffalo Grand Hotel Inc., Stinson Hospitality Management Inc., Stinson Hospitality Corp., Restoration Funding Corporation and Harry Stinson (together, the Respondents);

ON READING the materials filed by Staff, and on hearing the submissions of the representatives for Staff and the Respondents, and on considering that the Respondents consent to an extension of the Temporary Order, but take no position as to the length of such extension, all without prejudice to the Respondents’ right to seek to vary or set aside this order;

IT IS ORDERED:

1. pursuant to subsection 127(8) of the Securities Act, RSO 1990 c S.5 (the Act), and pursuant to paragraph 2 of subsection 127(1) of the Act, that until January 31, 2021, all trading in any securities by or of the Respondents or by any person on their behalf shall cease; and
2. pursuant to subsection 127(8) and paragraph 3 of subsection 127(1) of the Act, that until January 31, 2021, any exemptions contained in Ontario securities law do not apply to the Respondents.