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What happened to this stock? Anyone help?
We need expel Tim out of the board and cut off all the relations with him! Shame on you Tim!
Response from a lawyer office(2):
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From Stochhouse message board, Koska89 wrote:
“Definitly reaching out to the RCMP is good idea. I'm going to visit my local RCMP police precinct, when i get some time next week.
For more info: http://www.rcmp-grc.gc.ca/ccb-sddc/index-eng.htm
contact: http://www.rcmp-grc.gc.ca/cont/index-eng.htm
Hopefully someone gets some news soon. “
If you are a Canadian ,please go to local police office to make complain on Lico/Surge option out fraud. All the criminals must be in jail!
I see these criminals will merge into a jail soon! Shame on Tim ,Tina and Robert! Your rest life deserve miserable!
Also, sent a complain to BC Securities Commission: https://ca.research.net/r/bcsc-complaint-form
Some one contact the Ca government, and was told that this is a right place to complain the Lico/Surge fraud.
Just email to gopublic@cbc.ca and a lawyer's office seeking help.
Thanks. Guy! My email complain to IIRO is based on all contributions from members of this board or others. Many thanks to all of you guys! You are welcome to use this letter as your owns. Since my English level is just so so, you can write yours with a better English version. Anyone is welcome to copy this complain letter to any media or law office as an supporting document
Based on the suggestions from other board members, I revised the complain letter and resend to IIRO:
Dear Madam &Gentleman:
I am a shareholder of Lico energy metals company with a 430,000 common shares of stock WCTXF. I am writing to complain Lico energy metals' suspicious activities in an so-called 60% option out with Surge exploration company. With the help from other Lico security holders, I added some important facts. This is a revised version.
1) On April 28, Tim Fernback, director of Copper Gold Creek Corp(CGCC), announced that CGCC's name is changed into Surge Exploration and the original common stocks of CGCC will be subjected a 2:1 forward split, so that surge's new OS stocks is doubled from 33,410,130 to 66,820,260 shares.
2) Few days later, on the May 8, 2018, Same Tim Fernback, director of Lico energy metals, announced 60% options out deal with Surge and the deal is subject a approval from TSX Venture Exchange
3) In between the two announcements, Lico managements such as Tina White, Dwayne Melrose, etc, all cash out their wctxf stocks, causing stock pps rapidly drops from $0.10 down to $0.05 per share and leaving all public stockholder in dark! In a rough estimation, Tina, Tim & execs sold $281,720 in WCTXF shares between December 2017 and February 2018 and It turns out later, Tina white and Robert Guanzon become secretory and cfo for both companies,respectively. Still, Melrose left the company for unspecified reason!
4) One striking thing is now both Lico and Surge share a same office at 789-1220 Ponder Street, Vancouver, BC V6c,1H2, Canada. They both share a secretary, a cfo, and a director. I can not believe that the CEO Tim Fernback can sell 60% of Ontario properties to a company he is already employed and a shareholder. With Robert and Tina it's a great scam. First Cobalt would surely have given more than Surge exploration inc. It looks like they are playing the world's most vicious game : deliberately suppress the Lico stocks value and at same time artificially doubled the stock number of Surge. And then, with a so-called “option out” magic game, the money of Lico's ordinary or 'minority' investors will “naturally” slip into the pockets of Tim Fernback and his co-workers. As one trader stated from Stockhouse's board of wctxf: “ have been investing for nearly 30 yrs and have not seen or experienced anything this blunt since Nortel lawsuit, there should be jail time for deliberate fraud. These people never had any intention of seeing this company do well...”
5) The other puzzle thing is they spent millions on Penny Picks( investor targeted company paid to promote stocks) 3 times in the span of 6 months instead of investing in drilling or shareholder concerns.
6) Based on above facts, It is obvious that the Lico/Surge option out deal severely violate TSX venture exchange policy 5.9 and MI 61-101: Protection of Minority Security Holders in Special Transactions. With their fraud actions, I have already lost $27,000, 60% of my original investment in Lico company. I strongly urge you to promptly disprove this dirty option out deal and to punish the relative criminals involved by taking the following steps: a) forming an investigation team to look into the scheme, including interviewing Mr Melrose to find out any wrong doing or abuse from the existing management.; b) Contact with Canadian Glencore corp to see if there ever any 51% back-in agreement exist or it is just a fishing plot propaganda made by Lico management for the purpose of pumping the stock price up for dumping purpose. c) forming a new management team to take over company's business asap to guide Lico back into normal status. d) report to Canadian law enforcement department to start the criminal investigation into the case, all the criminals must be punished under the Canadian law.
7) While we are complaining here to seek help from Canadian Government, we are also looking into a possible lawsuit against this Lico management and seeking media help to let public knowing their ugly faces of Lico management.
Hope our one person manager here learn something from Lico fraud and never forget to share some benefits with all shareholders?
Sorry, wrong board!
Hope LITH management(one person) learn something here to never forget to give all shareholders some benefits.
Following is my email complain to Investment Industry Organization of Canada (IIROC):
Dear Madam &Gentleman:
I am a shareholder of Lico energy metals company with a 430,000 common shares of stock WCTXF. I am writing to complain Lico energy metals' suspicious activities in an so-called 60% option out with Surge exploration company:
1) On April 28, Tim Fernback, director of Copper Gold Creek Corp(CGCC), announced that CGCC's name is changed into Surge Exploration and the original common stocks of CGCC will be subjected a 2:1 forward split, so that surge's new OS stocks is doubled from 33,410,130 to 66,820,260 shares.
2) Few days later, on the May 8, 2018, Same Tim Fernback, director of Lico energy metals, announced 60% options out deal with Surge and the deal is subject a approval from TSX Venture Exchange
3) In between the two announcements, Lico managements such as Tina White, Dwayne Melrose, etc, all cash out their wctxf stocks, causing stock pps rapidly drops from $0.10 down to $0.05 per share and leaving all public stockholder in dark! In a rough estimation, Tina, Tim & execs sold $281,720 in WCTXF shares between December 2017 and February 2018 and It turns out later, Tina become a new secretary of Surge and Melrose left the company for unspecified reason!
4) One striking thing is now both Lico and Surge share a same office at 789-1220 Ponder Street, Vancouver, BC V6c,1H2, Canada. They share a same secretary Tina White with a same director, Tim Fernback. I can not believe that the CEO can sell 60% of Ontario properties to a company he is already employed and a shareholder. With Robert and Tina it's a great scam. First Cobalt would surely have given more than Surge exploration inc. It looks like they are playing the world's most vicious game : deliberately suppress the Lico stocks value and at same time artificially doubled the stock number of Surge. And then, with a so-called “option out” magic game, the money of Lico's ordinary or 'minority' investors will “naturally” slip into the pockets of Tim Fernback and his co-workers. As one trader stated from Stockhouse's board of wctxf: “ have been investing for nearly 30 yrs and have not seen or experienced anything this blunt since Nortel lawsuit, there should be jail time for deliberate fraud. These people never had any intention of seeing this company do well...”
5) Based on above facts, It is obvious that the Lico/Surge option out deal severely violate TSX venture exchange policy 5.9 and MI 61-101: Protection of Minority Security Holders in Special Transactions. With their fraud actions, I have already lost $27,000, 60% of my original investment in Lico company. I strongly urge you to promptly disprove this dirty option out deal and to punish the relative criminals involved by taking the following steps: a) forming an investigation team to look into the scheme, including interviewing Mr Melrose to find out any wrong doing or abuse from the existing management.; b) Contact with Canadian Glencore corp to see if there ever any 51% back-in agreement exist or it is just a fishing plot propaganda made by Lico management for the purpose of pumping the stock price up for dumping purpose. c) forming a new management team to take over company's business asap to guide Lico back into normal status. d) report to Canadian law enforcement department to start the criminal investigation into the case, all the criminals must be punished under the Canadian law.
6) While we are complaining here to seek help from Canadian Government, we are also looking into a possible law suit against this Lico management and seeking media help to let public knowing their ugly faces of Lico management.
My email complain to Investment Industry Regulatory Organization of Canada (IIROC)on Lico fraud:
Dear Madam &Gentleman:
I am a shareholder of Lico energy metals company with a 430,000 common shares of stock WCTXF. I am writing to complain Lico energy metals' suspicious activities in an so-called 60% option out with Surge exploration company:
1) On April 28, Tim Fernback, director of Copper Gold Creek Corp(CGCC), announced that CGCC's name is changed into Surge Exploration and the original common stocks of CGCC will be subjected a 2:1 forward split, so that surge's new OS stocks is doubled from 33,410,130 to 66,820,260 shares.
2) Few days later, on the May 8, 2018, Same Tim Fernback, director of Lico energy metals, announced 60% options out deal with Surge and the deal is subject a approval from TSX Venture Exchange
3) In between the two announcements, Lico managements such as Tina White, Dwayne Melrose, etc, all cash out their wctxf stocks, causing stock pps rapidly drops from $0.10 down to $0.05 per share and leaving all public stockholder in dark! In a rough estimation, Tina, Tim & execs sold $281,720 in WCTXF shares between December 2017 and February 2018 and It turns out later, Tina become a new secretary of Surge and Melrose left the company for unspecified reason!
4) One striking thing is now both Lico and Surge share a same office at 789-1220 Ponder Street, Vancouver, BC V6c,1H2, Canada. They share a same secretary Tina White with a same director, Tim Fernback. I can not believe that the CEO can sell 60% of Ontario properties to a company he is already employed and a shareholder. With Robert and Tina it's a great scam. First Cobalt would surely have given more than Surge exploration inc. It looks like they are playing the world's most vicious game : deliberately suppress the Lico stocks value and at same time artificially doubled the stock number of Surge. And then, with a so-called “option out” magic game, the money of Lico's ordinary or 'minority' investors will “naturally” slip into the pockets of Tim Fernback and his co-workers. As one trader stated from Stockhouse's board of wctxf: “ have been investing for nearly 30 yrs and have not seen or experienced anything this blunt since Nortel lawsuit, there should be jail time for deliberate fraud. These people never had any intention of seeing this company do well...”
5) Based on above facts, It is obvious that the Lico/Surge option out deal severely violate TSX venture exchange policy 5.9 and MI 61-101: Protection of Minority Security Holders in Special Transactions. With their fraud actions, I have already lost $27,000, 60% of my original investment in Lico company. I strongly urge you to promptly disprove this dirty option out deal and to punish the relative criminals involved by taking the following steps: a) forming an investigation team to look into the scheme, including interviewing Mr Melrose to find out any wrong doing or abuse from the existing management.; b) Contact with Canadian Glencore corp to see if there ever any 51% back-in agreement exist or it is just a fishing plot propaganda made by Lico management for the purpose of pumping the stock price up for dumping purpose. c) forming a new management team to take over company's business asap to guide Lico back into normal status. d) report to Canadian law enforcement department to start the criminal investigation into the case, all the criminals must be punished under the Canadian law.
6) While we are complaining here to seek help from Canadian Government, we are also looking into a possible law suite against this Lico management and seeking media help to let public knowing their ugly faces of Lico management.
Please pay attention to the stockhouse’s message board! Ton’s of complains against Lico’s fraud! This event will be soon exposed on TV shows, newspapers plus lawsuits.please join them to against Tim ,Tina and the Lico management! Stop thieve!
Watch what happen on Lico ‘s fraud! Ton’s complains, is followed by TV exposures plus law suite! Hope this one person’s company (Lith) will learn a lesson from Lico, never, ever forget shareholder’s interest!
Based on the known facts, Lico managements are suspected involving in a serious schemes. I suggest that someone, on hehalve of shareholders, write a letter to TSX board to disapprove Lico-Surge’s 60% optin application. I will sign for it. I own 430,000 shares with $0.103/share. We need to do it ASAP to stop the criminals!
In April 23,2018, Tim Fernback, director of Copper Creek Gold Corp, announced it's nane changed to "Surge Exploration Inc" plus a 2:1 forward stocks split, to double the company's stocks from 33,410,130 to 66,820,260. Few days later, at May 8, 2018, Same Tim Fernback, director of Lico energy metals, announced 60% options with Surge! I don't know whether this is a legal action or not. If not, Why someone can take action to ask TSX board not approving this dirty deal?Stop thief!stop thieve! Stop criminals!
First time to see it down below 0.06 and management still pretends nothing happen!
If you want in, get in right now! It seems we have reached the turning point at around $6.25. The price will directly go up from here.
while all the stocks are in recovery mode, WCTXF is still in down side with good news. Why? Anyway, I purchased another 20k shares to average down my share price. Thanks!
With one person company and three different businesses?
Gregory Rotelli
President, Chief Executive Officer, Chief Financial Officer,
Chief Accounting Officer, Secretary, Treasurer and Director
(Principal Executive Officer, Principal Financial Officer and
Principal Accounting Officer)
Agree!
I still don’t trust this one person company can run any business on mine exploration. Pump, dump, pump, dump, .....which can be lasted for many years.
So, why the stock price drops over two dollars per share?
The stock price drops over 30% since my purchase at $0.72/sh, one of my worst lithium stocks, Anything wrong? Or this is a scheme? Help!
I am going to buy extra 20,000 she’s for each one cent down. The up day will come soon. So far, I only accumulate 380k shares.
Not sell even one share!
Typical pump.dump game without news
So far, LITH become one of my best preforming Lithium stocks, Surprise!!!!
In his March 5 speech, Chinese premier Li said his government will extend the benefits of purchasing tax of new energy automobiles for another three years. GO KENDY!
This is the worst one person company among others! Be alert and worry about!
Don’t worry! Far resources is in pretty good situation than other lithium companies.
It’s time to give some news or PR now! Lico’s behaviors is strange. Either give too much interviews or TV shows, or nothing at all. Stupid!
Why this stock is all the way down while market is in back up?
I don’t think it will go down below 40. If so, I will buy more.
It seems the transaction of the purchase of Saskachewan Ni-Cu-Co claims has not completed yet. At the moment, the owner is still Diamond Hunter ltd. Thanks to the Saskatchenwan Government for the very fast response!
Just received an answer from Saskatchewan Government on the ownership of the Ni-Cu-Co claims as follows:
"
Good afternoon,
I received your email below, to answer your question I do not have a holder of any mineral claims in Saskatchewan with the name “US Lithium Resources Inc.”. You may look for holders of mineral claims at https://gisappl.saskatchewan.ca/Html5Ext/index.html?viewer=GeoAtlas using the filter option or query option. I do have claims listed under “Diamond Hunter” located throughout Saskatchewan.
Have a great day.
Melissa Mae Lazar
Lands and Mineral Tenure
Ministry of the Economy
1000 – 2103 11th Avenue
REGINA SK S4P 3Z8
Bus: (306) 798-4205
Fax: (306) 787-0047
www.economy.gov.sk.ca
CONFIDENTIAL NOTICE: This email and any attachment was intended for a specific recipient. It may contain information that is privileged, confidential or exempt from disclosure. Any privilege that exists is not waived. If you are not the intended recipient, do not distribute it to another person or use it for any purpose. Please delete it and notify the sender by return e-mail or telephone. Thank you.
From: saskatchewan.ca-contact-us-noreply@gov.sk.ca [mailto:saskatchewan.ca-contact-us-noreply@gov.sk.ca]
Sent: February 9, 2018 2:20 PM
To: Web Master ITO <webmasterito@gov.sk.ca>; CS Web CS <csweb@gov.sk.ca>
Subject: To confirm whether US Lithium Resources Inc own the Gochagar Lake Claims or not
"
All the pumpers disappear. No news for long time and pps continues down while market is up. Whit is behind?