THE SECURITIES ACT |
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Order No. 6446 |
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Sections 148 and 19(5) |
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January 11, 2012
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SYNERGY GROUP (2000) INC.
WHEREAS:
(A) On August 26, 2010, the Alberta Securities Commission (“ASC”) issued a decision (“ASC Sanctions Decision”) against various respondents including Synergy Group (2000) Inc.;
(B) On October 21, 2011, 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”) with respect to Synergy Group (2000) Inc.;
(C) This hearing matter came before a panel of the Commission on November 30, 2011 and again on January 11, 2012 having been adjourned for service upon Synergy Group (2000) Inc.;
(D) Upon reviewing the documentary evidence including the Affidavits of Service, upon hearing the submissions of counsel for staff of the Commission, no one appearing for the respondent, and upon being satisfied as to service upon the respondent, the Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to sections 148 and 19(5) of the Act, trading in securities of and by Synergy Group (2000) Inc. cease and subsection 19(1) of the Act, with respect to such of the trades referred to in that subsection, and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection, do not apply to Synergy Group (2000) Inc. until such time, if ever, as the Director issues a receipt for a prospectus in respect of any securities that Synergy Group (2000) Inc. wishes to trade.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement