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THE SECURITIES ACT |
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Order No. 7204 |
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Sections 144(1)(c),148, 19(5), and 148.3 |
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October 14, 2015 |
JUSTIN KRELLER A.K.A. JUSTIN KAY
WHEREAS:
(A) On April 30, 2014, the Ontario Securities Commission (“OSC”) issued an order against Justin Kreller, also known as Justin Kay (“OSC Order”);
(B) On August 27, 2015, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) to consider whether or not it was in the public interest to grant orders with respect to Justin Kreller, also known as Justin Kay (“KRELLER”);
(C) On October 14, 2015, this hearing matter came before a panel of the Commission;
(D) Upon reviewing the documentary evidence and hearing the submissions of counsel for staff of the Commission, no one appearing for the respondent, and upon reviewing the Affidavits of Service, filed, and 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 section 144(1)(c) of the Act, the method of service of the Notice of Hearing upon the respondent be by e-mail and, furthermore, the e-mailing already made to the address of jkreller84@gmail.com be and is hereby validated as constituting service upon the respondent.
2. THAT, pursuant to section 144(1)(c) of the Act, notice of this order to the respondent is sufficient if a copy is sent to the respondent by e-mail to the e-mail address shown in paragraph 1 above.
3. THAT, pursuant to section 148 of the Act, KRELLER cease trading in securities until and including April 30, 2024.
4. THAT, pursuant to subsection 19(5) of the Act, 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 KRELLER until and including April 30, 2024.
5. THAT, pursuant to section 148.3 of the Act, KRELLER be prohibited up to and including April 30, 2024 from becoming or acting as a director or officer of any reporting issuer or any issuer that engages in any distribution of securities to the public.
6. THAT, notwithstanding paragraphs 3, 4, and 5 above, the orders contained therein shall continue to apply to KRELLER after April 30, 2024 until such time as the Director of the Commission has received confirmation that KRELLER has paid to the OSC the amounts referred to in clauses (j) and (l) of the OSC Order.
BY ORDER OF THE COMMISSION
Director