Order: In the Matter of Bluestream Capital Corporation et al.
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
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IN THE MATTER OF
BLUESTREAM CAPITAL CORPORATION, BLUESTREAM INTERNATIONAL INVESTMENTS INC., KROWN CONSULTING CORP., 1859585 ONTARIO LTD. (operating as SOVEREIGN INTERNATIONAL INVESTMENTS) and PETER BALAZS
WHEREAS on March 12, 2014, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), in relation to a Statement of Allegations filed by Staff of the Commission (“Staff”) on March 11, 2014, to consider whether it is in the public interest to make certain orders against Bluestream Capital Corporation (“Bluestream Capital”), Bluestream International Investment Inc. (“Bluestream International”), Krown Consulting Corp. (“Krown”), 1859585 Ontario Ltd. (operating as Sovereign International Investments) (“Sovereign”) (together, the “Corporate Respondents”) and Peter Balazs (“Balazs”) (together with the Corporate Respondents, the “Respondents”);
AND WHEREAS the Notice of Hearing set a hearing in this matter for April 2, 2014 at 10:00 a.m.;
AND WHEREAS on April 2, 2014, Staff attended the hearing and Balazs attended on his own behalf and on behalf of Bluestream International, Krown, and Sovereign;
AND WHEREAS the Panel considered the submissions of Staff and Balazs and the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED that this matter be adjourned to a confidential pre-hearing conference on June 26, 2014 at 10:00 a.m. or to such other date as may be agreed to by the parties and fixed by the Office of the Secretary.
DATED at Toronto this 2nd day of April, 2014.
James E. A. Turner