Wayland Group (MRRCF)

[noodle]

I'll wait till the bottom is in, @ a week or two to average down a little.

[noodle]

Thanks, I AM WEARING MY SAFETY GLOVES!!! LOL

[webpence]

good luck with that.

[noodle]

Totally a chart play for me!!!

[WalkInClouds]

Ha ha ha ha. Good one.
Can we get the real story on the Wayland Group Corp?

[webpence]

"The Cannabis Preacher" by Sabine Frisch

Call it a drug trade for investors. Todd Harrison, CEO and founder of Internet-based financial media company Minyanville, thinks cannabis "will be the single best investment idea for the next ten years." The Cannabis Preacher is the story of the man who built the biggest cannabis empire in the country and walked away with nothing. Or did he?d Wilson Beauregard learned the art of the sell from his father a teleevangelist and preacher. He offers his investors money and success without any possible chance of falling or failing, and creates the perfect world backed by nothing but his words and the promises he makes. Not everybody is willing to play his game though. Somebody on his team wants the whole cake, not just a slice and all of a sudden Wilson finds himself on the wrong end of a criminal investigation and the man who emblazoned his name on a shiny new helicopter has to take it and run for his life.
 

http://www.thinkingdogpublishing.com/Preacher.html

This story sounds like a thriller and cant wait for it to come out. I am pretty sure it is based on a true story.

[WalkInClouds]

What’s the story here noodle? Kicking the tires and looking under the hood.
Looks interesting.
TIA - WIC

[noodle]

Like a Phoenix, rising from the ASHES!!!

[noodle]

Wow never saw this low coming,I guess I will have to pick up a few more!!! Looks like some kind of stock converting to me!!! No worries January will be FRESH !!!

[noodle]

We Shall see!!! LOL

[All-Bidness]

LOL, This SCAM is OVER Ben Wards now gone, there is nothing left.

[noodle]

The key is how long -70. NOT LONG, VISION, it is NOT where you are BUT where you are going!!! IF you really ARE SMART MONEY, then you would "know" and have this on your to BUY list, not making snide comments on a stock that was over a dollar a few months ago and going back up there!!! REAL "SMART MONEY" BUYS when everyone else is selling, hence, alone again!!! LOL

[TheFinalCD]

.015 -70%



MRRCF

[noodle]

Again alone!!! LOL

[noodle]

In at .0375

[noodle]

yes bought yesterday!!!

[All-Bidness]

Good, hopefully they will add some people to that list. I know Scott Keevil has been involved in multiple scams with Ben Ward, and Ben Fuschino.

[weasel6667]

OSC order

WHEREAS on September 30, 2019, the Ontario Securities Commission held a hearing at 20 Queen Street West, 17th Floor, Toronto, Ontario, with respect to the first attendance in this proceeding;

ON HEARING the submissions of the representativesforStaff of the Commission (Staff) and for each of the respondents;

IT IS ORDERED THAT:

By no later than October 30, 2019, Staff shall disclose to each of the respondents non-privileged relevant documents and things in the possession or control of Staff (Staff’s Disclosure);
By no later than January 23, 2020, the respondents shall serve and file a motion, if any, regarding Staff’s Disclosure or seeking disclosure of additional documents;
By no later than January 23, 2020, Staff shall:

file and serve a witness list on each respondent,
serve a summary of each witness’s anticipated evidence on each respondent, and
indicate any intention to call an expert witness, including providing the expert’s name and the issues on which the expert will give evidence; and
A further attendance in this proceeding is scheduled for February 6, 2020 at 10:00 a.m. or on such other date and time as may be agreed by the parties and set by the Office of the Secretary.

" Raymond Kindiak "
Raymond Kindiak

[All-Bidness]

Do you happen to know what the outcome of the hearing was?

[noodle]

ok they might,but from everything public mrrcf has assets.

[All-Bidness]

If you've lost money in this investment please reach out to OSC

[e-mail]

[All-Bidness]

This IS a SCAM, this is what they did with Canadian Cannabis, now the OSC will freeze both companies from trading...

[CaptKirk1]

Why would a Bitcoin company have any idea how to run a marijuana company?

[noodle]

Looks like management did the right thing and "sold" the assets to others who "might" know how to take advantage of the assets.

[noodle]

Got my order in a little lower than .05 but close enough!!!

[Stockshound]

Former Wayland Group CEO Accused of Fraud by Ontario Securities Commission

It’s been a rough week for former Wayland Group (CSE: WAYL) CEO Ben Ward, who has seen both a class action filed against him as well as a Notice of Hearing which was filed Friday. The Notice of Hearing is related to the time he spent at Cannada Cannabis Corp, wherein the Ontario Securities Commission has laid several allegations against Ward and two business partners, Peter Strang and Silvio Serrano.

This isn’t the first time that Canada Cannabis Corp (CCC) has come up between Ben Ward and the OSC. Back in February of 2018, Wayland Group, then known as Maricann, had to cancel a proposed $70 million raise at the time due to an ongoing investigation of Ben Ward in relation to CCC amongst other issues.

In the latest series of allegations, the Ontario Securities Commission alleges the following:

Ward and his two partners siphoned off more than $3.2 million of investor funds through making a loan to a company owned by one of the partners. The loan was written off with no attempt of recovery.
Making untrue statements in an investor brief prior to the raise, including that Growlite Canada was its “core business”, but the firm was not yet incorporated.
Claiming that CCC had a 45% stake in Growlite, yet no agreement was entered with Growlite, and no funds had been transferred at the time.
Falsification of sales figures for Growlite
Falsification of education background. Ward claimed he had a doctorate but this was found to be false.
Canada Cannabis Corp had raised money by stating that they would be focused on growing cannabis. While an initial application for a cultivation license was entered with Health Canada, the application was withdrawn subsequently two years later without informing investors of the change.
Misuse of investor funds. Growlite was owned by Serrano. No valuation was obtained on the company, the price of which was determined during a 20 minute meeting between the three partners.
In total, 45% of Growlite was to bought for $1 million, followed by a $3 million loan. The funds of which were instead sent to a number of corporations established among Serrano’s family members, and the loan was never repaid.
In mid-2015, $800,000 worth of Growlite inventory was stolen under suspicious circumstances. The trio never reported the matter to the police or made an insurance claim, resulting in the further misuse of investor funds.

In total, the Ontario Securities Commission is alleging the trio including Benjamin Ward committed securities fraud. The result is the breach of the following.

Ward, Strang, Serrano, and CCC directly or indirectly engaged in or participated in acts, practices or courses of conduct relating to securities that they each knew or reasonably ought to have known perpetrated a fraud on persons or companies, contrary to subsection 126.1(1)(b) of the Act;
Ward, Strang and Serrano, as officers and/or directors or de facto directors of CCC, authorized, permitted, and/or acquiesced in the breaches of subsection 126.1(1)(b) of the Act by CCC and thereby failed to comply with Ontario securities law pursuant to section 129.2 of the Act; and,
Ward, Strang, Serrano, and CCC have engaged in conduct that is contrary to the public interest.

As a the result of these actions, the Ontario Securities Commission is seeking that all securities in Canada Cannabis Corp cease to be traded for a period that is to be set by the commission.

The commission is also seeking that Ben Ward and his partners cease to be eligible to trade securities permanently, that they are stripped of any director or management title for a public company and not allowed to act in such capacity again, and that a maximum of a $1 million fine per each failure listed above to comply with securities law.

The hearing for Ben Ward and his associates has been set to take place on September 30, 2019. The full statement of allegations can be found herehttps://thedeepdive.ca/former-wayland-group-ceo-accused-of-fraud-by-ontario-securities-commission/

[All-Bidness]

.0869 today. Still seeing an uptrend in a month? Still think $.05 is bottom?

[noodle]

Well, it has some value, otherwise it could not have gotten the bridge loan. To me I will take a chance with 500 bucks at .05. Risk/Reward seems reasonable.

[CaptKirk1]

Rise and then flop right into the trash can

[noodle]

Just like a Phoenix, it WILL rise again. Don't pat yourself on the back too soon. I realized it because I made an adjustment to my chart!!!

[All-Bidness]

When you realized it was going to $.05...because it's a scam, which I told you, and provided historical evidence?

[noodle]

Doesn't matter I sold for a tiny loss when I realized this was going to .05

[webpence]

Dont forget Joshua Gold too

[CaptKirk1]

*This is a mirror image of Ben Wards Sarissa. Empty promises then leaving once people catch on.

Guy is 100% scam.

[All-Bidness]

So as we come up to the month mark...and you "re-adjusted" your call. aka I was right.

[All-Bidness]

I've been calling this a scam for sometime. This is a mirror image of Ben Wards first creation Canadian Cannabis Corp (CCAN). LOI's that were never realized the expansions, etc, it's all crap

[CaptKirk1]

So worthless? That’s all this is.

[noodle]

Yea, I adjusted my call, but way lower than .10

[CaptKirk1]

Ouch!

Sub .10 in another month ? LOL

[noodle]

Going lower than my original thought. They are REALLY taking it DOWN!!!

[noodle]

So if it was .26 and I said short term free fall, I guess this IS considered a short term free fall from .26 to .16 and going lower!!! AND THIS IS THE SAME MONTH Talk to me about being wrong After the next month is over!!! LOL

[noodle]

This is what I predicted first and it is happening, the impatient ALWAYS LOSE !!!

noodle Member Level Sunday, 08/04/19 09:10:15 PM
Re: noodle post# 527 0
Post #
528
of 557
Short term free fall!!!
https://www.newcannabisventures.com/ceo-ben-ward-out-as-wayland-negotiates-sale-of-canadian-operations-to-publicly-traded-cryptocurrency-miner/

[noodle]

Don't take it out on me because you got burned, I am waiting for the final drop before loading up big. You are just like everyone else, who can't move on!!! Take your Life and MOVE ON!!! You have been posting here going on two years, with the same message I gave when I came here, going down. The only difference,on 11-28-2017 the stock closed at 1.75 and Jan 23,2018 it hit 3.50 so, well, YOU WERE WRONG!!! I got here at .35 and looking to buy under.15 and double my money, very doable in my opinion.

[noodle]

Has it been a month? No

[All-Bidness]

Looking good, charts up as you predicted... Wait nope down down down I think it was around $.26 when you made this prediction???

[make it happen]

Hell yeah!

Just wait... I like these lows. Just saying. Great new CEO, maybe! Woop woop! Scoop

[All-Bidness]

Sure thing.

No trading volume
Lower Lows
CEO was terminated with cause
Can't trade on Canadian market
No revenue coming in.

Pretty good start to the revamp

[make it happen]

Can we get someone to update this board?! Needs a revamp show what the company is doing.

[make it happen]

Trade set up is pristine

[All-Bidness]

...Sadly no, this is one of Ben Wards Scams, a mirror image of Canadian Cannabis Corp (CCAN)