THE SECURITIES ACT | ) |
Order No. 6157 |
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Sections 148(1) and 148.3 | ) |
June 23, 2010 |
MANNA TRADING CORP LTD., MANNA HUMANITARIAN FOUNDATION,
LEGACY CAPITAL INC., LEGACY TRUST INC.,
HAL (MICK) ALLAN MCLEOD, DAVID JOHN VAUGHAN,
KENNETH ROBERT MCMORDIE also known as BYRUN FOX
WHEREAS:
(A) On October 22, 2009, the British Columbia Securities Commission (“BCSC”) issued a decision (“BCSC Decision”) against Manna Trading Corp Ltd. (“Manna Trading”), Manna Humanitarian Foundation (“Manna Humanitarian”), Legacy Capital Inc. (“Legacy Capital”), Legacy Trust Inc. (“Legacy Trust”), Hal (Mick) Allan McLeod (“McLeod”), David John Vaughan (“Vaughan”), Kenneth Robert McMordie also known as Byrun Fox (“McMordie also known as Fox”), and Dianne Sharon Rosiek (“ROSIEK”);
(B) On March 23, 2010, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”);
(C) On May 19, 2010, this hearing matter came before a panel of the Commission;
(D) During the May 19th appearance, the panel granted an order against ROSIEK and, as against the remaining respondents, granted an order of substitutional service and adjourned the hearing matter to June 23, 2010 at 9:15 a.m.;
(E) On May 20, 2010, Order No. 6130 issued pertaining to the substitutional service and adjournment to June 23rd;
(F) On June 23, 2010, this hearing matter as against all respondents except ROSIEK came before a panel of the Commission;
(G) Upon reviewing the documentary evidence and Affidavit of Substitutional Service pertaining to all of the respondents except ROSIEK, filed, upon hearing the submissions of counsel for staff of the Commission, no one appearing for any of the respondents in question, the Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to section 148(1) of the Act, all trading by and in Manna Trading, Manna Humanitarian, Legacy Capital, and Legacy Trust cease permanently.
2. THAT, pursuant to section 148(1) of the Act, McLeod, Vaughan, and McMordie also known as Fox cease trading in securities permanently.
3. THAT, pursuant to section 148.3 of the Act, McLeod, Vaughan, and McMordie also known as Fox each resign any position he holds as a director or officer of an issuer and be permanently prohibited from becoming or acting as a director or officer of any issuer.
BY ORDER OF THE COMMISSION
Director, Legal & Enforcement