CALGARY, Aug. 16 /CNW/ - The Alberta Securities Commission (ASC) has
extended its interim cease trade order issued against Saxon Financial Services
Ltd., Saxon Consultants, Ltd., Merchant Capital Markets S.A., Meisner Inc.
S.A. and Meisner Incorporated, the latter carrying on business as Merchantmarx
and Meisner Corporation. The order will remain in effect against these
companies until a hearing of the matter is concluded and a decision is
The interim cease trade order, originally issued August 2, 2007,
prohibits all of the companies listed above from trading in any securities or
exchange contracts, disseminating any information or advice to the public
relating to investing, buying or selling securities, and denies them all
exemptions contained in the Alberta securities laws.
A copy of the interim cease trade order, the extension order, and the
Notice of Hearing outlining the allegations are available on the ASC website
The ASC encourages anyone with information regarding trading of
securities by the companies listed above to report this information to the ASC
by calling the ASC's toll-free Public Inquiries office line at 1-877-355-4488.
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: Tamera Van Brunt,
Director, Communications and Investor Education, (403) 297-2664; For Investor
Inquiries: ASC Public Inquiries, (403) 297-4296, Toll Free 1-877-355-4488