Originally Syndicated on February 22, 2024 @ 5:24 am
Kevin Wilkerson says he’s skilled in many communication areas like PR, marketing, event planning, writing, and social media.
He’s good at building relationships with the media, writing, managing websites, SEO, posting on social media, and planning events. He’s also creative in his projects, maintains strong professional relationships, speaks for the company in interviews, trains others for media interactions, and stays calm under pressure.
About PubClub
PubClub.com is a website dedicated to nightlife and travel, catering to social travelers. It offers articles on destinations worldwide, including Amsterdam, the Greek Islands, Prague, Las Vegas, Los Angeles, Hawaii, Canada, and more.
The site covers topics related to pubs, clubs, parties, and nightlife, with popular search terms including “Pubclub,” “pub club,” “party pubs,” “club pub,” “travel pub,” “pub club night,” “pubs and clubs,” and “pub club.”
In addition to regular nightlife content, PubClub.com also features coverage of special events such as the Munich Oktoberfest, the New Orleans JazzFest, the Bay to Breakers in San Francisco, and the lively Surfest in Manhattan Beach, California, where the website originated.
In the Matter of Sean Daley and Kevin Wilkerson
Sean Daley and Kevin Wilkerson were found to have obstructed the staff of the Ontario Securities Commission’s investigation into their public fundraising efforts through the Ascension Foundation. They encouraged investors, subscribers, and the public not to cooperate with the investigation or comply with the Commission’s summonses. This violation was determined in a merits decision dated March 4, 2022. The panel found that their actions violated the Act’s guiding principles and exploited the capital markets.
These findings are relevant to the hearing on penalties and expenses for the obstruction proceeding. The staff has requested an order imposing permanent market participation prohibitions, censures, and costs against Mr. Daley and Kevin Wilkerson.
Additionally, there is a connected proceeding involving Sean Daley, Kevin Wilkerson, and others, where a temporary cease trading order was issued against them on August 6, 2019. The most recent extension of this order was on October 29, 2021.
Although the merits phase of the connected proceeding is related to this process, this Panel has treated the proceedings separately. The penalties outlined here pertain only to Mr. Daley and Kevin Wilkerson’s actions in the obstruction proceeding.
For their actions, it is determined that Mr. Daley and Kevin Wilkerson should:
a. Receive a censure.
b. Step down from their roles as directors or officers of an issuer or registrant immediately.
c. Be prohibited from serving as a registrant, promoter, or director or officer of a registrant or issuer for five years.
d. Each pay $184,000 in costs.
At the sanctions hearing, Mr. Daley was represented by a lawyer from the Legal Assistance Program, while Kevin Wilkerson chose not to attend despite being properly served.
Analysis
The staff has requested that we determine whether Lyra and OTO are “securities” according to the law. They argue that Mr. Daley intends to resume selling Lyra/OTO once the temporary injunction from the TCTO Proceeding is lifted. However, Mr Daley argues that this decision is not relevant to the obstruction-related behaviour being discussed in this hearing.
Mr. Daley also argues that making a decision on this matter would be unfair because it wasn’t properly raised during the earlier phases of the proceeding. He believes that he hasn’t received full disclosure of the allegations against him due to the ongoing investigation.
During the merits hearing, it was accepted that it wasn’t necessary to determine whether Lyra/OTO are securities to conclude that Mr. Daley and Kevin Wilkerson obstructed the investigation.
The goal of this hearing is to decide appropriate punishments for obstructing the investigation, not to determine the status of Lyra/OTO as securities. If staff wants to pursue this matter further, they should do so in a separate hearing where all relevant parties can provide input and information.
Conclusion
In summary, Mr. Daley and Kevin Wilkerson’s obstruction of the staff’s inquiry is very serious. Their actions showed a complete disregard for the investigation and went against the Commission’s duty to serve the public interest.
The Commission expects everyone involved in the capital markets to cooperate with staff investigations. Not cooperating is not acceptable behavior.
As a result, appropriate measures must be taken to address their actions and ensure the integrity of the capital markets.
