CALGARY, Sept. 9 /CNW/ - An Alberta Provincial Court judge has found
David Del Bianco guilty of 10 counts of failing to comply with a February 14,
2003 Alberta Securities Commission (ASC) decision. The ASC decision prohibited
Del Bianco from trading securities and from becoming or acting as a director
or officer of any issuer for a period of four years. In a written decision,
Judge M.L. Graham ruled that between February 14, 2003 and April 7, 2005, Del
Bianco breached the ASC order by acting as a director of the following eight
- Equal Rights Legal Defence Alliance Inc.
- Euro-Am Pacific Enterprises Ltd.
- Canadian Justice Media Inc.
- Equal Rights Infolink Inc.
- Magnum Cavalier Developments Ltd.
- 977959 Alberta Ltd.
- Worldwide Alternative Health Resorts Inc.
- Wind Sailing Industries (Canada) Inc.
Judge Graham also found Del Bianco guilty of two counts of attempting to
sell shares in Equal Rights Legal Defence Alliance (USA) Inc. to an Alberta
resident without registration and contrary to the ASC order. She dismissed two
counts of a similar nature and one count the Crown did not proceed with.
Sentencing has been scheduled for December 18, 2008 in Calgary Provincial
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.
For further information:
For further information: For Media Inquiries: Mark Dickey, Senior
Communications Advisor, (403) 297-4481, firstname.lastname@example.org; For Investor
Inquiries: ASC Public Inquiries, Toll Free: 1-877-355-4488