| THE SECURITIES ACT | ) |
Order No. 3117 |
) |
||
| Section 20 | ) |
October 30, 2000 |
INTRIGUEMART.COM, INC.
WHEREAS:
(A) IntrigueMart.com Inc. ("IntrigueMart") has applied to The Manitoba Securities Commission (the "Commission") for an order pursuant to section 20 of The Securities Act (Manitoba) (the "Act") that, subject to certain conditions, IntrigueMart be exempted from the requirements of clause 91(a)(ii) of the Regulations to the Act in order that it may be permitted to make sales of its securities under the provisions of subsection 91(a) of the Regulations to the Act until November 30, 2000, notwithstanding that the 180 day period referred to in clause 91(a)(ii) would otherwise have expired;
(B) It has been represented to the Commission by IntrigueMart that:
(a) IntrigueMart was incorporated pursuant to the laws of the Province of Manitoba on April 4, 2000;
(b) IntrigueMart’s intended business is that of marketing a variety of consumer products over the Internet;
(c) the principal of IntrigueMart is Mr. Ron Saltel;
(d) on April 14, 2000, IntrigueMart filed a Notice in Form 23 to the Regulations to the Act indicating that IntrigueMart intended to commence trading (the "Offering") in reliance upon the exemptions afforded under section 91 of the Regulations to the Act;
(e) during the course of the Offering, Mr. Saltel became ill and was unable to perform his usual activities, including those required to conduct the Offering;
(f) the length of Mr. Saltel’s illness was approximately 2 � months;
(g) as a result of Mr. Saltel’s illness, IntrigueMart has not had the opportunity to complete the Offering in the manner it had intended;
(h) on October 13, 2000 IntrigueMart filed a Form 27 as required under the Regulations to the Act;
(i) since October 13, 2000 IntrigueMart has not conducted any trades;
(j) IntrigueMart wishes to continue the Offering under the provisions of subsection 91(a) of the Regulations to the Act from the date of this order to November 30, 2000 and restrict any trades to the following individuals or to corporations or trusts controlled by such individuals:
Jackie Dann
Ivan Chrusch
Lorne Seier
J. Kraus
R. Morantz
B. Brownstone
John Buhler
Brent Naylor
B. Baich
(C) The Commission is of the opinion that it would not be prejudicial to the public interest to grant the Order requested.
IT IS ORDERED:
1. THAT, pursuant to section 20 of the Act trades made pursuant to the Offering will be exempt from the requirements contained in clause 91(a)(iii) subject to the following conditions:
(i) all trades pursuant to the Offering are completed on or before December 1, 2000;
(ii) IntrigueMart file a revised report in Form 27 together with all the necessary attachments thereto by December 16, 2000; and
(iii) IntrigueMart restrict sales of securities to the following individuals or to corporations or trusts controlled by such individuals:
Jackie Dann
Ivan Chrusch
Lorne Seier
J. Kraus
R. Morantz
B. Brownstone
John Buhler
Brent Naylor
B. Baich
2. THAT the fee for this order shall be $1,000.00.
BY ORDER OF THE COMMISSION
Director - Legal