Wanderport Corp (WDRP)

[Lexit]

There I have BOLDED the hearing service in RED, hopefully this clarification won't be necessary ...again.

Alleged market manipulation - Orders to cease trading and shut down website

Thursday, July 21, 2011

Montréal, July 21, 2011 – At the request of the Autorité des marchés financiers (the “AMF”), the Bureau de décision et de révision (the “Bureau”) issued a decision on July 11, 2011 prohibiting, in particular, any transaction in the securities of Wanderport Corp. and Neuro-Biotech inc., due to alleged market manipulation.

More specifically, under this decision, Wanderport Corp., 65705442 Canada inc., Conseils Hilbroy inc. and their officers, directors and employees, as well as Jean-François Amyot, Andrea Cortellazzi and Andrew Barakett are prohibited from carrying out transactions in the security of Wanderport Corp.

The Bureau also ordered Neuro-Biotech inc., its officers, directors and employees, as well as Andrea Cortellazzi and Serge Ollu to cease carrying out any transaction in the securities of Neuro-Biotech inc.

In addition, the Bureau ordered IAB Média inc. to shut down the website “itsallbull.net,” which was used to promote the securities of Wanderport Corp.

The Bureau’s analysis showed the complexity of this matter. “What we have here is a case of market manipulation involving numerous individuals. Over the years, their tactic was to promote the securities of some of the corporate respondents in order to pump up the value. They then sold their securities and pocketed the profits generated by the inflated price,” stated the Bureau.

Serge Ollu and Andrea Cortellazzi face, respectively, 33 and 6 counts of illegal practice as a dealer and illegal distribution in the matter of Ressources minières Andréane. Fines of $404,000 and $56,000 respectively are sought.

The publication of this press release constitutes the method of service authorized by the Bureau of a decision issued on July 11, 2011 pertaining to the following individuals and companies: Andrea Cortellazzi, Xavier Demontigny, Jacques Vallée, Excel Gold Mining inc., 9157-0945 Québec inc., 9198-6208 Québec inc., Proactive Computer Services, Neuro-Biotech inc. and Wanderport Corp. Consult the decision 2009-026-001.

The Autorité des marchés financiers (“AMF”) is the regulatory and oversight body for Québec’s financial industry.

www.lautorite.qc.ca/en/press-releases-2011-conso.html_2011_alleged-market-manipulation-orders-to-cease-trading-and-shut-down-website-21-07-2011-10-3.html

Notice of hearing related to the matter of IAB Média inc., in respect of Neuro-Biotech inc., Wanderport Corp. and Andrea Cortellazzi

Thursday, August 11, 2011

Montréal, August 11, 2011 – The publication of this press release constitutes the method of service authorized by the Bureau de décision et de révision (the "Bureau") of a notice of hearing related to the matter of IAB Média inc. in respect of Neuro-Biotech inc., Wanderport Corp. and Andrea Cortellazzi.

The notice of hearing is attached to this press release and is also available (in French only) on the AMF website under News at www.lautorite.qc.ca/en/news-2011-conso.html.

On July 11, 2011, at the request of the Autorité des marchés financiers (AMF), the Bureau issued an order prohibiting in particular any transactions in the securities of Wanderport Corp. and Neuro-Biotech inc. on account of allegations of market manipulation.

Specifically, the decision prohibits Wanderport Corp., 65705442 Canada inc. and Conseils Hilbroy inc., in addition to their officers, directors and employees, as well as Jean-François Amyot, Andrea Cortellazzi and Andrew Barakett from carrying out transactions in the securities of Wanderport Corp.

Further to this decision, IAB Média inc., Jean-François Amyot, Conseils Hilbroy inc., Yannick Lessard, 6570542 Canada inc. and Andrew Barakett asked for a hearing.
The hearing will be held on September 13, 2011 starting at 2:00 p.m., in the Paul-Fortugno room located at 500 René-Lévesque Boulevard West, no. 16.40, in Montréal, Québec (H2Z 1W7).

The Autorité des marchés financiers ("AMF") is the regulatory and oversight body for Québec's financial industry.



http://www.lautorite.qc.ca/en/press-releases-2011-conso.html_2011_notice-of-hearing-related-to-the-matter-of-iab-media-inc-in-respect-of-neuro-biotech-inc-wanderport-corp-and-andrea-cortellazzi11-08-2011-15-5.html

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As to your other questions:

Where does it say that the court gave AMF permission to serve WDRP by means of public media? Do you have an legal reference you might provide as to the legality in Canada or Quebec of serving subpoenas in this way in securities law? I'm confused as to how WDRP is legally involved and apparently so is WDRP from their PR about it, which I would suspect went through legal counsel before being published.

The "Bureau" is the COURT, it's a specialized administrative tribunal.

Subpoeanas, well yes here you are:

http://www.canlii.org/en/qc/laws/regu/rrq-c-a-33.2-r-1/latest/rrq-c-a-33.2-r-1.html#history

Since you ask, here's a case where a subpeona where issued, look at paras 104 to 107, hmmmm...frightingly similar;

http://www.docstoc.com/docs/30828905/OFFICE-TRANSLATION

Who is WRDP's legal counsel ????

If you have been follwing the MB today you will see that WDRP doesn't appear to have any legal counsel at this point in time:

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