August 2, 2007
For immediate release
PEI Securities Office issues Investor Alert on Saxon Consultants Ltd., Saxon Financial Services Ltd., Merchant Capital Markets SA, Merchantmarx and Others
Office of the Attorney General
The companies subject to the order are not related to Saxon Financial Inc., a legitimate mutual fund company based in Toronto, Ontario.
The PEI Securities Office has determined that there is activity in Prince Edward Island and is further investigating. PEI investors should be cautious when making investment decisions, particularly in regards to firms they are not familiar with. If you have been contacted by one of the respondents or someone attempting to sell questionable investments, contact the Prince Edward Island Securities Office at (902) 368-4550.
To access additional information regarding the cease trade orders, please see the attached links: