IN THE MATTER OF: THE SECURITIES ACT
-and-
IN THE MATTER OF: TEDDY CZARNECKI, SHAWNA CZARNECKI, and TEAL SIGNS
NOTICE OF HEARING
TAKE NOTICE that The Manitoba Securities Commission (“Commission”) will hold a public hearing (“Hearing”) at its offices at 500 – 400 St. Mary Avenue, Winnipeg, Manitoba, on Wednesday, the 2nd day of October, 2024, commencing at 11:00 o'clock in the forenoon or so soon thereafter as the Hearing can be held, and from day to day thereafter until the Hearing is concluded, to consider:
1. whether or not it is in the public interest to order:
a. pursuant to subsection 19(5) of the Act, that Teddy Czarnecki, Shawna Czarnecki and Teal Signs should not be entitled to use of any of the exemptions permitted by the Securities Act (Manitoba) (the “Act”) and should not be entitled to participate in the exempt markets in the future
b. pursuant to subsection 148.1(1) and/or subsection 148.1(1.1) of the Act, that Teddy Czarnecki, Shawna Czarnecki and Teal Signs pay an administrative penalty;
c. pursuant to section 148.2 of the Act, that Teddy Czarnecki, Shawna Czarnecki and Teal Signs pay compensation for financial loss to R.M.; and
d. that Teddy Czarnecki, Shawna Czarnecki and Teal Signs, pay costs of the investigation and hearing.
2. such further and other orders as the Commission may deem appropriate.
BY REASON OF THE FOLLOWING ALLEGATIONS:
By reason of allegations set out in the Statement of Allegations of Staff of the Commission dated the 21st day of August, 2024.
AND FURTHER TAKE NOTICE that a person or company attending or submitting evidence at the Hearing may be represented by counsel of its choice.
AND FURTHER TAKE NOTICE that any party to the proceedings may, at the Hearing, call witnesses and submit such evidence relevant to the Hearing as it may wish and, for that purpose, it may obtain from the Director of the Commission at 500 – 400 St. Mary Avenue, Winnipeg, Manitoba, R3C 2E7, a form or forms of summons to compel the attendance of witnesses.
AND FURTHER TAKE NOTICE that upon failure of any party to attend at the time and place aforesaid, the Hearing may proceed in that party's absence and the Commission may make or give any decision or order as though that party were present.
DATED at Winnipeg, Manitoba this 21st day of August, 2024.
“Chris Besko”
Director
TO: TEDDY CZARNECKI
SHAWNA CZARNECKI
and TEAL SIGNS