Orders and Exemptions

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THE SECURITIES ACT
)
Order No. 6756
)
Section 148
)
June 27, 2013

 

HUTECH21 CO., LTD. doing business as PRAIRIE OIL FIELD SERVICES LTD

WHEREAS:

(A) Staff of The Manitoba Securities Commission have received information that HUTECH21 CO., LTD., doing business as Prairie Oil Field Services Ltd. ("HUTECH21") has issued press releases that contain misrepresentations and are misleading;

(B) HUTECH21 is an OTC Issuer as defined in Multilateral Instrument 51-105 Issuers Quoted in the US Over-The-Counter Markets ("MI 51-105"). HUTECH21 has not made any of the filings required under MI 51-105;

(C) The common and preferred shares of HUTECH21 have been assigned a ticker symbol by the Financial Industry Regulatory Authority in the United States of America for use on any of the over-the-counter markets in the United States of America. The ticker symbol is CLGZF;

(D) Staff has received information that HUTECH21 has been the subject of promotional activities;

(E) The Commission is of the opinion that it is in the public interest to make this order;

(F) The Commission is of the opinion that the delay required for a hearing with notice to HUTECH21 would be prejudicial to the public interest.

IT IS ORDERED:

1. THAT, under section 148(1) of The Securities Act, R.S.M 1988, c. S50 (the "Act"), trading in securities by or of HUTECH21 cease.

2. THAT, under section 148(2) of the Act, this order be made without notice.

3. THAT, this order expires July 10, 2013.

BY ORDER OF THE COMMISSION

 

"D.R. Brown"
Director

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