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janice shell

06/20/07 1:11 PM

#272200 RE: jake8812 #272183

C'mon if they were going pump this and cash out they would have released some form of the AF's back in Nov. and let the SP shoot up and then cash out and take off.

Don't you think that was the plan? My guess is that the RCMP threw a spanner in the works. No doubt the OSC was already sniffing around as well. Someone decided not to release the PR at the very last moment, I'd guess.
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janniebgood

06/20/07 1:58 PM

#272220 RE: jake8812 #272183

SEC would have been all over this from the beginning.

They were. OSC had to have their permission to investigate since it's a US registered security. Why make double effort when the SEC can merely dovetail into the investigation done by the OSC?

if they were going pump this and cash out

IF? That's precisely what they did! Have you looked at the obscene amounts of cash that were withdrawn and tranferred God knows where from the nominee accounts?