Decisions and Freeze and cease trade orders Securities

Montréal – At the request of the Autorité des marchés financiers (AMF), the Bureau de décision et de révision en valeurs mobilières (securities decision and review board, or BDRVM) issued a freeze order on September 7, 2007 against G.I.S.P. Aideauxfamilles.com, G.I.S.P. Aid4families.com, Earl Mattews and Reyanne Briand.

The BDRVM ordered the Caisse populaire Desjardins at Trois-Saumons not to dispose of the funds, securities or other assets in its possession held in accounts belonging to the persons or companies mentioned above.

Because of the urgency of the situation, the BDRVM deemed it was in the public interest to issue its decision without a prior hearing.

On May 4, 2007, the BDRVM issued a cease trade order against G.I.S.P. Aideauxfamilles.com, G.I.S.P. Aid4families.com, Earl Mattews and Reyanne Briand.

The AMF took action based on the following allegations:

  • G.I.S.P. Aideauxfamilles.com, G.I.S.P. Aid4families.com, Earl Mattews and Reyanne Briand distributed in Québec and abroad from a Québec-based office a form of investment governed by the Securities Act, namely, the Programme G.I.S.P., via a website at Aid4families.com without holding a prospectus approved by the AMF;
  • G.I.S.P. Aideauxfamilles.com, G.I.S.P. Aid4families.com, Earl Mattews and Reyanne Briand acted as securities dealers without being registered as such with the AMF.

The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec’s financial sector.

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