Although the OSC has been apprised of the pumpers activities, to the best of my knowledge, they have not been contacted. Personally, I have some rather severe concerns regarding how the OSC operates. Their past history does little to bolster a belief that any justice will be had when they reach a very belated conclusion. Regarding your question, please read this reply from the OSC....
To Mr. XXXXXXX
Thank you for the series of e-mails you sent to the Ontario Securities Commission (OSC) forwarding copies of some chat room exchanges you have had about Sulja Bros. and comments attributed to me. Thank you also for your follow-up telephone call.
As mentioned during our telephone conversation, the Internet is a highly unregulated medium. As a result, as a general note of caution OSC staff suggest that all users verify the authenticity of information obtained from various sites, chat rooms, and emails, before taking any action, including making investment decisions. Warnings and comments that the true identity of those surfing the internet and their purpose in posting is not always as so indicated have been the subject of various media reports over the years.
I appreciate that in e-mailing me and calling me you were trying to verify the authenticity of information you read in a chat room. OSC staff are not permitted to comment about ongoing OSC proceedings and I may not confirm or deny any information about OSC proceedings, even comments which may have been attributed to me.
As a communications specialist employed by a securities regulator, I understand and respect the restrictions under which I perform my responsibilities. I can only re-iterate that all users should be sceptical of any information they obtain through unregulated websites.
Sincerely,
XXXX XXXXXXXXX
Senior Inquiries Officer
Ontario Securities Commission
When you know a thing, to hold that you know it; and when you do not know a thing, to allow that you do not know it - this is knowledge.
Confucius, The Confucian Analects
