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Technology Stocks : Allen-Vanguard Rescue Board

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From: beaverfever	9/28/2009 7:05:56 PM
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I received this from EDC Compliance today. Crown corporations are audited frequently to ensure ethics compliance, and they are acting within their mandates. Let's see what their investigation discovers about the Allen-Vanguard to Versa deal. I am not sure how Export Development Canada's financing a US company buying Canadian assets (where EDC's former VP and CFO has a personal interest) can meet compliance ? ************************************************************ Dear Mr. XXX, Please find attached a letter acknowledging receipt of your e-mail request dated September 25, 2009. A hard copy of the attached acknowledgement letter will follow by mail. Sincerely, Monica Ryan CA, CPA Vice President Internal Audit & Compliance Officer Export Development Canada 151 O'Connor St. Ottawa, Canada K1A 1K3 613.598.2754 ********************************************************** Just in case Monica Ryan is possibly related to Robert Ryan, Allen-Vanguard Vice-President Corporate Development, previous CFO, I also made a separate Public Service ethics complaint. It will be interesting if the 2 active ethics investigations have the same or different outcomes ?

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