Wanderport Corp (WDRP)

[sunspotter]

"And realistically it's very unlikely anything will come from those investigations."

I disagree. The SEC case against WDRP kingpin Jean-François Amyot for his leading role in the SPPH pump-and-dump case is just warming up, and they're digging deep:

http://argent.canoe.ca/nouvelles/un-ex-associe-du-mari-de-marois-interesse-les-americains-2042014 *

WDRP could be suspended at any moment, especially as the SEC won't have the political brakes on it that are hampering the progress of the AMF case.


* Rough translation:


An ex- partner of the husband of Marois interested Americans

April 2, 2014 6:44 | Jean -François Cloutier / Investigation Bureau

Updated April 2, 2014 at 6:45 am


A former partner of the husband of Pauline Marois, Claude Blanchet, and an advisor to the Canadian Senate are two witnesses that U.S. investigators with the Securities and Exchange Commission wants to question in a complicated stock manipulation case involving Quebec.

According to court documents obtained by our investigative reporters , the Securities and Exchange Commission ( SEC) has approached a court in Boston for permission to interview Montreal businessman Jean -Guy Lambert and an advisor to the Senate Foreign Affairs Committee, Rami Ailabouni.

Eight other witnesses are also affected by the request of the SEC ,the U.S. equivalent of the AMF market ( AMF ) in Quebec.

The case concerns Spencer Pharmaceutical, a U.S. pharmaceutical company officially , but in fact controlled from Montreal , according to the SEC. It filed charges in December 2012 against Jean- Francois Amyot , 40, Maximilien Arella , 59, and Ian Morrice , 52, in this case.


According to what is alleged in court documents , Amyot led " a ploy to falsely promote the activities of the company Spencer Pharmaceutical and false bid for the company," with the help of Arella and Morrice .

The aim was "to profit from the sale of shares of Spencer at an inflated price ."

Technology supposedly developed by Spencer was bogus .

Amyot reportedly sold for U.S. $ 5.8 million shares via shell companies, according to the SEC.

Party in the Bahamas

Jean- Francois Amyot controlled IAB Media and Hilbroy Advisory,
two companies involved in stock promotions, which are subject to a restraint order by the AMF since 2011, confirmed AMF spokesperson Sylvain Théberge .

They are also affected by the continuation of the SEC investigation into the Spencer Pharmaceutical pump and dump scheme.

According to our information , Amyot left Montreal to live in the Bahamas, a tax haven, shortly before the filing of charges against him.

Maximilien Arella is a retired teacher . He worked at the National Institute of Scientific Research ( INRS) .

Ian Morrice is vice president and director of Spencer.

It was not possible to speak or to Jean -François Amyot nor Ian Morrice .

Maximilien Arella ,reached by telephone , would not comment.

In its defense, filed on March 19 , he categorically rejected the accusations against him.

" I realize that my experience and my scientific projects have been used against my will in a potential " pump and dump " scheme ," he said.

He said he trusted Amyot because of the people around him.

"People around Mr. Amyot ( ... ) and all of its officers were top political figures placed very close to the Prime Minister and some ministers and senators . "

The ex- partner said he was surprised

Contacted , Jean -Guy Lambert said he was very surprised by the fact that the SEC wants to talk to him, " You tell me ."

Allegations of Amyot, listed in the documents, that he would have received a share of the proceeds of a fund used by Amyot are totally false , he said.

"I lost a lot of money with that," he said.

He said he had ceded control to Amyot a company called Emergensys , which was then renamed Spencer Pharmaceutical.

Jean -Guy Lambert is CEO of Dacha Capital, a company funding various projects of venture capital in Québec.


In an interview, he defined himself as a former " close associate " of Claude Blanchet . He was a shareholder and director in Dacha and Distinction .

" He contacted me when he left the SGF and I invited him on my board of directors," he said.

Rami Aibalouni could not be reached. A man called to speak for her and posing as his friend , said he could not talk about yet .

" What is written in the documents, it is just 25 % of the story . There are many ramifications , "said he said.