The Ontario Securities Commission has issued a temporary cease trading order against Gerhard Mohr, and his company, Black Bean Communications Ltd. Mohr is a resident of Mississauga, Ont.

OCS staff alleges that they are operating a Web site, www.bbean.com, which is in violation of the Securities Act and contains investments contrary to the public interest, including prime bank instruments and Nigerian investment opportunities.

The order was also issued against John Fenner for acting as a securities broker-dealer for various investments offered on the Web site. Fenner is currently residing in Saint Joseph, Missouri Mohr, Black Bean and Fenner are not registered with the OSC.

The next hearing date has been set for Friday, March 8, 2002 at 10:00 ET.

On February 26, the OSC also issued a temporary cease trading order against Ronald Etherington, and his company Create-a-fund Inc. Etherington is a resident of Burlington, Ont.

OSC staff alleges that Etherington and his firm are operating a Web site at www.createafund.com that is in violation of Ontario’s securities laws. The Web site purports to offer investment services such as portfolio customizing and investment monitoring.

Commission staff alleges that these services require registration. Ronald Etherington and Create-a-fund Incorporated are not registered with the Commission.

The hearing date has been set for Friday, March 8, 2002 at 11:00 ET.