In the Matter of
Respondents: Electric Mail Co., Inc. (n/k/a Lero Gold Corp.), Electronic Publishing Technology Corp., Elkhorn Gold Mining Corp., Ememberdirect, Inc., Emerald Homes, Ltd., Encore Wireless, Inc., and Entreport Corp.
ORDER MAKING FINDINGS AND REVOKING REGISTRATION OF SECURITIES PURSUANT TO SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 1934 AS TO ELECTRIC MAIL CO., INC. (n/k/a LERO GOLD CORP.)
I. The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors to accept the Offer of Settlement submitted by Electric Mail Co., Inc. (n/k/a Lero Gold Corp.) (“Lero Gold” or “Respondent”), a wholly owned subsidiary of Orsu Metals Corp., pursuant to Rule 240(a) of the Rules of Practice of the Commission, 17
C.F.R. § 201.240(a), for the purpose of settlement of these proceedings initiated against Respondent on September 14, 2010, pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”).
II. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, and without admitting or denying the findings herein, except as to the Commission’s jurisdiction over it and the subject matter of these proceedings, which are admitted, Respondent consents to the entry of this Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the
Securities Exchange Act of 1934 as to Electric Mail Co., Inc. (n/k/a Lero Gold Corp.) (“Order”), as set forth below.
III. On the basis of this Order and Respondent’s Offer, the Commission finds that:
1. Lero Gold (CIK No. 1058058) is a British Columbia corporation located in Burnaby, British Columbia, Canada. At all times relevant to this proceeding, the securities of Lero Gold Corp. have been registered under Exchange Act Section 12(g).
2. Lero Gold has failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-16 thereunder because it has not filed any periodic reports with the Commission since the period ended December 31, 1999.
IV. In view of the foregoing, the Commission deems it necessary and appropriate for the protection of investors to impose the sanctions specified in Respondent’s Offer. Accordingly, it is hereby ORDERED that: Pursuant to Exchange Act Section 12(j), registration of each class of Respondent’s securities registered pursuant to Exchange Act Section 12 be, and hereby is, revoked. For the Commission, by its Secretary, pursuant to delegated authority.
Elizabeth M. Murphy Secretary
1 The findings herein are made pursuant to Respondent’s Offer of Settlement and are not binding on any other person or entity in this or any other proceeding.
2 Service List
Rule 141 of the Commission’s Rules of Practice provides that the Secretary, or another duly authorized officer of the Commission, shall serve a copy of the Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to Electric Mail Co., Inc. (n/k/a Lero Gold Corp.) (“Order”) on the Respondent.
The attached Order has been sent to the following parties and other persons entitled to notice:
The Honorable Carol Fox Foelak Administrative Law Judge Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549-2557
Neil J. Welch, Jr., Esq. Division of Enforcement Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549-6010
Electric Mail Co., Inc. (n/k/a Lero Gold Corp.) c/o Orsu Metals Corp. 1 Red Place London, England W1K 6PL United Kingdom
Thomas G. Swigert, Esq. Dorsey & Whitney LLP 50 South Sixth St., Suite 1500 Minneapolis, MN 55402-1498 (Counsel for Respondent)