Raging LinksBy: kid-katabatic..............................
Reply To: 7630 by North_From_Here
Sunday, 7 Nov 1999 at 11:40 PM EST
Post # 7638 of 7648
Did you say 1250 West Hastings?
Lots of interesting stuff on the name Joan Purdy.
This link has some info about Aquilla Energy which is run by Joan Purdy.
ragingbull.com
Here is an interesting tale about another Joan Purdy run company that operates out of 1250
West Hastings.
Wednesday, Aug 4 1999
hn, these were what I saw today:
********************************************************************
Reclamation Management Ltd -
Reclamation Management halted at 7:14 a.m. PT
Reclamation Management Ltd RMLL
Shares issued 101,261,627 1999-07-30 close $0.095
Tuesday Aug 3 1999
Trading was halted at 7:14 a.m. PT, Aug. 3, 1999, pending an
announcement.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
old url (better for printing)
*****************************************************************
Reclamation Management Ltd -
Reclamation Management resuming after preopen
Reclamation Management Ltd RMLL
Shares issued 101,261,627 1999-08-03 close $0.09
Wednesday Aug 4 1999
Trading will resume after the preopen on Aug. 4, 1999, an
announcement having been made.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
old url (better for printing)
*******************************************************************
Reclamation Management Ltd -
Reclamation receives proposal from Hilips e-Commerce
Reclamation Management Ltd RMLL
Shares issued 101,261,627 1999-07-30 close $0.095
Tuesday Aug 3 1999
Mr. Cir Boinstree reports
Hilips e-Commerce PLC has submitted a proposal to the board
of directors of Reclamation Management Limited with the
objective of negotiating an agreement to acquire, in a cash
transaction, the remaining 92 per cent of shares of
Reclamation Management Limited that it doesn't already own at
a price of $17.7-million (GBP) british pounds/$43.6-million
(Canadian) or 40 cents per share in cash.
"This proposed acquisition is consistent with our strategy of
looking for acquisitions, which strengthen the existing
portfolio of the company, and also strengthen our presence in
the European Internet market," said Cir Boinstree, president
and chief executive officer of Hilips e-Commerce PLC. "We are
very excited about the opportunity to add Reclamation
Management Limited and its outstanding technology, expertise
and talented employee base as a cornerstone of our growth
strategy for Hilips e-Commerce PLC, U.K., in Europe."
"With complementary technology and almost no overlap,
Reclamation Management Limited (Euro-net Investments Limited)
will be a platform for Hilips e-Commerce PLC, U.K., further
expansion in Europe and an important element of our strategy
to be a leading global supplier of Internet services
technology in Europe," added Arthur van der Piil,
vice-president of Hilips e-Commerce PLC, U.K.
Hilips e-Commerce PLC, U.K., is privately held company of the
Boinstree family of London, England. Hilips e-Commerce PLC,
U.K., and other subsidiaries employ 400 people in the United
Kingdom and Ireland.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
old url (better for printing)
www4.techstocks.com
There was much euphoria amongst investors and an increase in buying as the buyout offer was
substantially larger than the worth of the shares on the open market. However nobody had
heard of this guy and info from the company was misleading at best.
Wednesday, Aug 4 1999
John,
I spoke to the company yesterday myself. They were very, very busy. The phone were ringing
like crazy but I got through. I asked the receptionist that I needed some info on the buyout and
she transferred promptly (I guess she must of known something too otherwise she would have
denied it)
When I asked IR what was going on, they told me that the only thing they are aware of it what
is in the news release. There was a buyout offer at 40cents. He seemed to be pretty clear on
this point.
I then asked him when will RMLL resume trading. He did not know and stated that this was up
to the exchange.
I can then assume that the exchange asked RMLL is they are aware of the buyout offer (which
they probably answered YES) and they let the stock trade !!!
I also asked him what the float is and he said approximately 104 million shares !!!
Sooooooo, 40 million dollar buyout offer DIVIDED by 108 MM o/s ==
40 CENTS !!!!!!!!!!
That's all I know for now !
CK.
www4.techstocks.com
The company acknowleged the letter but announced that there was no substance to it.
Wednesday, Aug 4 1999
Canadian Company Press Release
RMLL 1999-08-03 (provided courtesy of BCE Emergis E-News Services.)
register to receive future releases by email from BCE Emergis E-News Services
RECLAMATION MANAGEMENT LIMITED - ANNOUNCEMENT
VANCOUVER, BRITISH COLUMBIA--
We are in receipt of a letter from individuals previously unknown
to management and/or to the board and our inability to contact
any individuals cited in the letter or subsequent press release
from Canadian Stock Watch have led us to believe that there is no
substance to the bid for all outstanding shares of Reclamation
Management Limited.
We are continuing to pursue an investigation of the source of
this letter.
There are 108,761,628 issued and outstanding shares
ON BEHALF OF THE BOARD OF DIRECTORS
'Joan Purdy'
PRESIDENT
www4.techstocks.com
There was much confusion resulting from this news release.
Wednesday, Aug 4 1999
Just spoke with Joan Purdie (?) CEO of the company. Ms. Purdie originally blamed this all on
Stockwatch, and threatened action against them. She told me the retraction was printed before
the halt was removed. This and other things she told me were lies altogether. I investigated this
and found that quote.com has it from Market News Publishing, and others that I will find later.
She told me 2 hours ago that a retraction was released, but I can't seem to find it anywhere. I
called back, and Ms. Purdie indicated she had spoken with the exchange on why they hadn't
released a retraction, and there still is no retraction. I asked her whether this news release was
true or bogus, and she said it was bogus.
I asked her how all these news services got this release, and she said she didn't know. I told
her it appeared that it was a legitimate person in the company who had released this
information, to which she got agitated, and denied. I asked her if Hilips e-commerce existed,
and she said no. I asked her is her company being taken over, and she said no.
Altogether, I called her 3 times, and 2 of those times she was highly agitated, totally
unco-operative in explaining the situation, almost yelling at me on the phone, and other
disrespectful things. I find her to be ridiculous in her handling of this situation. I also find her to
have lied to me on numerous occasions finding blame in everyone including me who bought
today. She stated immediately that a retraction was printed before the halt was removed,
which was a total lie.
I don't know what the hell happened here, but it is very strange. When it appeared that Ms.
Purdie was lying on the phone the first time, I investigated more. Then when she was told that
her original information was false, becomes totally belligerent, I have to question that person's
role as CEO of RMLL or any publicly traded company.
I hope someone finds the truth quickly.
Regards, Wisam
www4.techstocks.com
Thursday, Aug 5 1999
"have led us to believe that there is no substance to the bid " The funny thing about semantics is
that this statement worries me as apparently it does you and others. I believe they could have
denied it with more vigor, and instead we have an exercise in interpretation and meaning. I felt
the retraction was inadequate as is, and requires a more in depth explanation. What does "led
us to believe" mean, either it is or it is not. Do they not know their own business? Do they not
know if there was an offer? Joan Purdy's statement is, in my opinion, purposely ambiguous.
Funny thing though for Joan is that I asked her very specific questions, so she better not have
been lying. I like the "premature leak" during negotiations idea, but who knows.
I suspect that there is something more, bad or good. I hope it is the latter.
Regards, Wisam
www4.techstocks.com
Thursday, Aug 5 1999
Gotta figure it shouldn't be too hard to figure out who sent out that PR. You have to be
registered with a news service to send something out,legitimately. What news service sent out
the PR??? Was it sent somehow over the internet??? Who specifically sent it out etc.??? I
hope they put out an NR when they find out. If I was a shareholder (I actually did own this for
awhile in April), I'd certainly want to find out who's di**in' around with my company.
Have you ever heard of something like this happening before?? I don't think I have. Bogus NR's
from an outside source???? Weird.
Dean
www4.techstocks.com
We then find that Joan purdy received a cease trade order for failure to file insider
trading reports.OOPS!
Thursday, Aug 12 1999
Dean - Maybe this is why she had a noodle up her ass - They likely concocted the whole scam
Reclamation Management Ltd -
Reclamation insiders cease traded
Reclamation Management Ltd
RMLL
Shares issued 108,761,628
1999-08-11 close $0.085
Thursday Aug 12 1999
The British Columbia Securities Commission has issued insider cease trading
orders against Andrew Stibbs and Joan Elizabeth Purdy, for falure to file insider
reports.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.co
The cease trade order was lifted a week later after the insider trading reports were filed.
Wonder if the sales of shares and the fake "news release " were a coincidence? Of course that
might be my obsessive mind at work. Do you think they just forgot to file an insider trading
report?
Anyway the company (a former mining company turned internet play..SURPRISE) underwent a
name change to ERNL and judging by the chart:
stockhouse.com
It looks like they were halted again for most of September and are now trading at 4 cents.
But wait look at this!!! They own shares of a mining play. Boy does that sound familiar!
The company also confirms that further to the news release of July 6, 1999 Pure Gold Resources has
completed the purchase of Euro-Nets 25% interest in the Edmonton and Lethbridge blocks and 50%
interest in the Big Valley Block for 1,000,000 shares of Pure Gold Resources Inc which trades on
Toronto
Stock Exchange under the symbol PUG.
stockhouse.com
I wonder where Pure Gold is located? Hey they have the same address as Metroplus!!
Pure Gold Minerals Inc.
1255 West Pender St., Vancouver, BC, V6E 2V1 Canada
Tel (604) 687-2038, Fax (604) 687-3141
Donald R. Sheldon President / Director
Don Sheldon is the president of Pure Gold Minerals Inc. and is also the President and
owner of D.S. Management Ltd. D.S. Management has operated since 1980 and is
responsible for a number of other resource exploration companies including Castle Rock
Exploration Corp. (CTP), Gold Giant Minerals Inc. (GNR), Bard Silver & Gold Ltd.
(BDS), Green Ice Corporation (GCE), and X-Chequer Resources Inc (XCR). A 1969
MBA Graduate from the University of Western Ontario, Don Sheldon has an extensive
knowledge of the finance and management fields. He has experience in financing and
operating junior resource exploration ventures.
Eugene Beukman Vice-President Administration / Secretary / Director
Nelson W. Baker Director / Geologist
Robert Stikeman Director
pugres.com
Wow !!! What a coincidence. ULTC has the same address as RMLL and Pure Gold has the same
address as Metroplus!!! ULTC has a JV with Metroplus and PUG:TSE (Pure Gold) had a JV with
RMLL. Mark Jensen works for ULTC and Metroplus....I wonder if we can find any common
principals between RMLL and PUG?
There might be a whole whack of companies at 1255 West Pender that have deals with companies
at 1250 West Hastings! They might have connections to Metroplus (NPEC) and ULTC. Who knows
maybe MDHM also?
I'm Purdy sure this is just the tip of the iceberg. I know I have seen the Purdy name in another
context. At any rate it would seem that Joan Purdy s name would be an automatic red flag. |
