To all ,
I feel certain points raised here require clarification ,I have therefor posted my reply to Reality Check on Stockhouse forum here
Your fight with Cecil Musgrave is none of my concern ,it appears to me that it is a
personal thing between you and him perhaps it has a long history I know not nor do I
care why don't you take it up on his forum or by e-mail ,is it that you would hate this
company to recover and prove you wrong ,which I personally feel they will ,now I am no
expert in law but if I read things correctly it is not a broker within Global who will be
brought to task but Smolensky himself who has been named as the defendant
So far you have reported the company to the BCSC for one reason or another, the
company has been exhonorated from any misconduct by the BCSC ,correct?
You have found out that one of the directors was late in reporting the transaction
involving 18.500 shares and whilst I do not condone this type of action ,I am unaware of
the circumstances surrounding it and would invite Mr Musgrave to comment on this
forum, however in your own words it is pretty insignificant
<Musgrave's holdings are insignificant and always have been. His paltry financial
stake in STS wouldn't make a difference one way or the other. Even if
Musgrave finally filed as the result of an inquiry from the BCSC, it isn't likely that
anything further will come of it. Perhaps they might ask the good Mr. Musgrave
to please not be so tardy in the future. That is about what one should expect
from knuckle-headed bureaucrats who can't see beyond their next coffee break>
You also go on to say that he had negotiated a special rate and that you had checked this
out and found it to be untrue ,perhaps you should clarify that by saying “you made a
general enquiry regarding reduced rates with Greenline and found that they did not give
concessions” not that you had specifically enquired about their arrangement with Cecil
Musgrave, which would be confidential and not be discussed with you ,I don't know
about Canada but over here special rates can be negotiated for regular players and I
would think it would be the same there, so all in all you don't know whether or not CM
has a discount ,correct? now I am not here to defend CM he is capable of doing that
himself and I hope he will come forward and do so.
So what it comes down to is this ,you have spent over a year investigating and probing
into the companies affairs and have come up with no more than you would find against
the majority of juniors on the VSE,
The facts are the directors have not dumped their stock,correct?
To the best of my knowledge the directors have carried the last two PP's from their own
pockets ,correct?
These are facts that illustrate to me that the company has no intention nor ever has had
any intention of running a scam,perhaps you have PROOF to the contrary?
If you have PROOF take it to the regulatory authorities I will be the first to concede and
admit my stupidity and congratulate you on a job well done. There is nothing new in
what I have posted here it has all been pointed out to you before but seems to make no
difference to your vindictive campaign against the company.
You are no longer a stockholder by your own admission ,you have regretably taken a
loss as most of us has ,the BCSC has found against you so why not call it a day ?
The company is now in the process of going to law over the loss of theYetwene property
where I am sure that all sides of the matter will be thoroughly investigated so why don't
we just cut out the inuendoes and let the law run it's course or is that not good enough for
you ? as I have previously stated I will be the first to apologise should the decision go
against them will you be the first to apologise if the decision goes with them
Finally have you ever posted on this or any other forum under a different name,
Are you prepared to disclose just who you are and who you are working for
cana |
