A court hearing in Washington concerning Bermuda-based investment firm Lines Overseas Management has been put back by ten days.

Following a joint request by all parties, LOM and managing director Scott Lines must now appear at the US District Court for the District of Columbia, in Washington D.C., by 3 p.m. on October 14, business website www.kycnews.com reported recently.

The website said the hearing, which had originally been scheduled for October 4, is being held for the respondents to ?show cause? why they should not be ordered to produce records and provide testimony pursuant to four SEC administrative subpoenas served on them on April 20.

If LOM and Mr. Lines do not attend or fail to persuade US Magistrate Judge Alan Kay that the subpoenas are invalid, they will be ordered to comply with them or face contempt of court proceedings, the story said.

The subpoenas concern two ongoing securities fraud investigations, one into Sedona Software Solutions Inc. and SHEP Technologies Inc., both of Vancouver, Canada, and the other into HiEnergy Technologies Inc., of Irvine, California.

Targets of the investigation include LOM, which has offices in Bermuda, the Bahamas and the Cayman Islands; Scott Lines; his brother and LOM President, Brian Lines; fellow Bermuda residents Kevin Way, Eric Collins, Michael Heslop, and Richard King; Todd Peever and James Curtis, who are said to reside in Vancouver, and offshore companies associated with the individuals, some of them domiciled in Bermuda, Belize and the Bahamas.