The Alberta Securities Commission (ASC) has issued market bans against John DeVries, Ernest Reed Grafke, Ralph Bromley and Wesley Campbell.

The reciprocal orders, based on a British Columbia Securities Commission (BCSC) decision, prohibit the four men from acting as a director or officer of any issuer (with exceptions for Bromley and Campbell) and from trading in or purchasing securities or relying on exemptions under Alberta securities laws for periods ranging from five months to over 15 years.

The BCSC decision, dated Jan. 29, 2007, imposed similar sanctions on DeVries, Grafke, Bromley and Campbell.

According to the BCSC order, these individuals caused losses of approximately $1.3 million to British Columbia residents who invested in Amber Enterprises Ltd. securities.

Evidence presented to the ASC panel indicated that DeVries, Grafke, Bromley and Campbell also raised approximately $600,000 from 12 Alberta investors without being registered with the ASC or having filed a prospectus as required under Alberta securities laws.