CALGARY, Aug. 9 /CNW/ - The Alberta Securities Commission (ASC) has extended an Interim Cease Trade Order against Alberta-based Salad Greenhouse Inc., SG Alberta Inc., Ronald Tuttle and Michael G. Goetz until February 6, 2011.
The Interim Cease Trade Order prohibits all trading in Salad Greenhouse and SG Alberta securities and prohibits Salad Greenhouse, SG Alberta, Tuttle and Goetz from trading in any securities or relying on any Alberta securities laws exemptions.
An ASC panel extended the Interim Cease Trade Order after hearing ASC staff evidence that the named parties made prohibited representations to investors, made false or incomplete filings with the ASC and have engaged in or are engaging in illegal trading and distribution of Salad Greenhouse or SG Alberta securities.
Copies of the Extended Interim Cease Trade Order, Interim Cease Trade Order and Notice of Hearing related to this case can be found at www.albertasecurities.com.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
SOURCE Alberta Securities Commission
For further information: For further information: For Media Inquiries: Mark Dickey, Senior Communications Advisor, 403.297.4481; For Investor Inquiries: ASC Public Inquiries, Toll Free 1.877.355.4488