In re Greenlife Leisure Farms, Inc.

September 5, 2017SEC CDO CASE NO. 04-17-041IN THE MATTER OF GREENLIFE LEISURE FARMS, INC. AND/OR GREENLIFE LEISURE FARM AND DEVELOPMENT, INC.ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT, movant.DECISIONThis resolves the Motion to Lift CDO 1 filed on 31 July 2017 as well as the Motion to Admit Motion to Lift CDO 2 filed on 1 August 2017 ("Motions") by Respondents GREENLIFE LEISURE FARMS, INC. ("GREENLIFE FARMS") AND GREENLIFE LEISURE FARM AND DEVELOPMENT, INC. ("GREENLIFE DEVELOPMENT").On 18 May 2017, the En Banc issued a Cease and Desist Order ("CDO") against Respondent corporations GREENLIFE FARMS and GREENLIFE DEVELOPMENT for "engaging in activities of selling and/or offering for sale securities in the form of investment contracts or any others of the same nature."The CDO clearly stated that: "In accordance with the provisions of Sec. 64.3 of SRC and Sec. 4-3 3 of the 2016 Rules of Procedure of the Commission, the parties subject of this Cease and Desist Order may file a request for the lifting thereof within five (5) days from receipt hereof." (Emphasis supplied)In addition, Section 4-3 (c)...