Securities Law & Instruments


FILE NO.:
2017-4

IN THE MATTER OF
DENNIS L. MEHARCHAND and
VALT.X HOLDINGS INC.

Timothy Moseley, Vice-Chair and Chair of the Panel

May 24, 2018

ORDER
Subsection 127(1) of
the Securities Act, RSO 1990, c S.5)

                WHEREAS the Ontario Securities Commission is holding a merits hearing at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario; and

                ON HEARING the submissions of Dennis L. Meharchand and Valt.X Holdings Inc. (the Respondents) and the representative for Staff of the Commission (Staff);

                IT IS ORDERED THAT:

1.             The merits hearing date scheduled for May 25, 2018 is vacated;

2.             The merits hearing date scheduled for May 28, 2018 will commence at 9:00 a.m.;

3.             The merits hearing shall continue on May 31, 2018, commencing at 2:00 p.m., and on June 6, 2018, commencing at 9:00 a.m.;

4.             The parties shall adhere to the following schedule for the delivery of closing submissions, which shall be made in writing:

a.             Staff shall serve and file its closing submissions by no later than June 29, 2018;

b.             the Respondents shall serve and file their closing submissions by no later than July 9, 2018; and

c.             Staff shall serve and file reply closing submissions, if any, by July 16, 2018;

5.             The merits hearing shall continue on July 25, 2018, commencing at 10:00 a.m., solely for the purpose of permitting the Panel to ask questions of the parties relating to their closing submissions.

“Timothy Moseley”