Nucontex Corporation
IN THE MATTER OF
THE SECURITIES ACT, R.S.O. 1990,
c. S.5, AS AMENDED (the "Act")
AND
IN THE MATTER OF
NUCONTEX CORPORATION
(formerly ADAM Technologies, Inc.)
ORDER
(Section 144)
WHEREAS the securities of Nucontex Corporation ("Nucontex") (formerly ADAM Technologies, Inc.) are subject to a temporary order of the Manager, Market Operations (the "Manager") of the Ontario Securities Commission (the "Commission") dated December 16, 1996 and extended by an order of the manager dated December 23, 1996 made under section 127 of the Act (collectively referred to as the "Cease Trade Order") directing that trading in the securities of Nucontex cease;
AND WHEREAS Nucontex obtained a partial revocation of the Cease Trade Order dated October 19, 2000 pursuant to section 144 of the Act solely to permit a reverse take-over transaction ("RTO") with IR Gateway.com, Inc. ("IR Gateway");
AND WHEREAS the RTO with IR Gateway has been completed;
AND WHEREAS Nucontex has applied to the Commission pursuant to Section 144 of the Act (the "Application") for a full revocation of the Cease Trade Order;
AND UPON Nucontex representing to the Commission as follows:
1. Nucontex completed the RTO, involving IR Gateway on November 15, 2000.
2. Except for the Cease Trade Order, Nucontex is not in default of any requirement of the Act or the rules or regulations made thereunder.
AND UPON considering the Application and the recommendation of the staff of the Commission;
AND UPON the Director being satisfied that to do so would not be prejudicial to the public interest;
IT IS ORDERED , pursuant to section 144 of the Act, that the Cease Trade Order be and is hereby revoked.
February 5, 2001.
John Hughes
Manager, Continuous Disclosure