On 22/02/2016 10:45 AM, Peter D. Harris wrote:
(Hard Copy Attached)
Monday, February 22, 2016
British Columbia Securities Commission
Peter Brady, Director of Enforcement
701 West Georgia Street
P.O. Box 10142, Pacific Centre
Vancouver, BC V7Y 1L2
Subject: BCSC Final Panel Ruling (Decision) Dated December 15, 2015
Reference: Filed copy with the BC Supreme Court December 18,2015
Dear Mr. Brady,
This is to confirm that I have received the Commission’s copy of the BC Supreme Court filling, why is it that Commission filed December 18, 2015 and the Commission only sent me the registered copy this pasted Sunday February 21, 2016, it’s a good thing I asked the question last week, if you had filed with the BC Courts. Why did the Commission not notify us December 18, 2015 of the Court Filing?
I reviewed the Commission’s court document and it is somewhat confusing, in order to prevent any misunderstanding, we need the Commission to confirm the below information. Is the Commission seeking $8,749,000 or $3,360,000? This demonstrates the typical abuse we have been experiencing from the Commission. Why did the Commission originally seek $8M and now it appears the Commission is seeking $3M? Please confirm! What formula did the Commission use to arrive at these ridicules numbers that make no sense and are totally and legally unjustified?
Mr. Brady, as we have not been successful in establishing an open dialog with the Commission to reach a fair and amicable resolve and as stated to Mr. Leong in a previous message, Christopher Burke and myself have no intent to pay the Commission any fines what so ever.
For this reason, we request that the Commission file a lawsuit for collection of fines with the BC Supreme Court no later than this coming Friday February 26, 2016. If the Commission does not file by the prescribe date with the BC Supreme Court, the U-GO Directors will consider this case terminated and no future action will be taken by the Commission.
| AMENDED RENDERING By the Executive Director seeks the following orders against: | |||||
| Respondent | December 15, 2015 BCSC Panel Rendering | Pay to Commission | Administrative Penalty | Total | Market Prohibitions |
| Lorne Cire | Page 22 (4) (5) | $636,000 | $50,000 | $686,000 | 10 years |
| Peter Harris | Page 23 (9) (10) | $636,000 | $50,000 | $686,000 | Life Time |
| John Thibert | Page 23 (13) | $20,000 | $0 | $20,000 | 20 years |
| Michael Kwasnek | Page 24 (17) (18) | $636,000 | $35,000 | $671,000 | 20 years |
| Christopher Burke | Page 25 (21) (22) | $636,000 | $20,000 | $656,000 | Life Time |
| SPYru Inc. | Page 25 (23) (C) | $0 | $0 | $0 | Life Time |
| U-GO Brands | Page 25 (25) | $636,000 | $0 | $636,000 | Life Time |
| Paradox | Page 25 (26) | $0 | $0 | $0 | Life Time |
| Echo Partners | Page 26 (29) | $0 | $5,000 | $5,000 | 5 years |
| Total | $3,200,000 | $160,000 | $3,360,000 | ||
| ORIGINAL RENDERING The Executive Director seeks the following orders against: | |||||
| Respondent | December 15, 2015 BCSC Panel Rendering | Pay to Commission | Administrative Penalty | Total | Market Prohibitions |
| Lorne Cire | Page 3 (4) (B and C) | $1,983,000 | $100,000 | $2,083,000 | Life Time |
| Peter Harris | Page 3 (5) (B and C) | $1,983,000 | $100,000 | $2,083,000 | Life Time |
| John Thibert | Page 3 (6) (B and C) | $1,028,000 | $100,000 | $1,128,000 | 20 years |
| Michael Kwasnek | Page 3 (7) (B and C) | $874,000 | $100,000 | $974,000 | 20 years |
| Christopher Burke | Page 4 (8) (B and C) | $701,000 | $60,000 | $761,000 | Life Time |
| SPYru Inc. | Page 4 (9) (B and C) | $0 | $0 | $0 | Life Time |
| U-GO Brands | Page 4 (10) (B and C) | $636,000 | $100,000 | $736,000 | Life Time |
| Paradox | Page 4 (11) (B and C) | $834,000 | $100,000 | $934,000 | Life Time |
| Echo Partners | Page 4 (12) (A and B) | $0 | $50,000 | $50,000 | 5 years |
| Total | $8,039,000 | $710,000 | $8,749,000 | ||
Mr. Brady, it is imperative that we receive a reply from the Commission in regards to this message.
These abuses have to stop and the Commission needs to be forward and advise its intent, our lives have been on hold for the last three years and our Civil Rights have definitely been violated by the Commission employees and I assure you we are not about to walk away from this injustice, someone has to take responsibility for these illegal actions taken by the Commission investigators, litigators and executives.
We respectfully away your reply.
Sincerely,
-- Peter D. Harris Director U-GO Brands Nutritional Products Inc.
No comments:
Post a Comment