I agree that Gene should have been a little more clear when listing the resume of Bill Hess to include President of the TSX. That was a mistake on his part - some here will and have argued that it's a blatant lie. I, on the other hand see it as slightly misleading...
TSX Venture Exchange
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The TSX Venture Exchange is a stock exchange in Canada. It is headquartered in Calgary, and has offices in Toronto, Winnipeg, Vancouver, and Montreal. It was previously known as the Canadian Venture Exchange (CDNX), but in 2001 the TSX Group purchased it and renamed it.
The TSX Group also owns the Toronto Stock Exchange (TSX). The TSX deals mostly with well-established equities, while the TSX Venture Exchange is a public venture capital marketplace for emerging companies who have not yet met the requirements for listing on the TSX.
As of 31 December 2007, the TSX Venture Exchange had 2,176 listed companies with a combined market capitalization of $58 billion.
He was the President of the TSX Venture Exchange and I think the point is that he brings a wealth of experience to the table when it comes to being a part of running uplisted companies and overseeing uplisting procedures. I see Hess as a great addition to the company regardless of the misleading PR.
Honestly, do you really think Gene thought he could be sneaky and slip that past investors? (I'm sure many here do. LOL) Not with all the DD on this board.
