BC SECURITIES COMMISSION STAFF DID NOT ASSIST THE FORMER INVESTORS…PLAYING FIELD DISTORTED!

One thing I will give Staff Litigator C. Paige Legatt is at least she didn’t make us wait 7 weeks for a response on this one.   However, her response again indicated the ONLY way she would take a Settlement Proposal to the Executive Director was if I met the terms set by them – the litigators themselves!   This was becoming extremely frustrating and demeaning to the Respondents.

I was being forced into a hearing for absolutely something I did not do – I did not commit a $5.45 million fraud as they had alleged.   The process (especially for a self-represented Respondent) was fixed and I began to see the true-colors of the people at the BCSC – they do NOT have the best interest of investors) or anyone else for that matter) as a priority.

It was at this point, the Respondents realized this was not a level playing field and that the entire BCSC mandate were simply just words.   We were now forced into fighting this war with an opponent that was not playing fair.   It wasn’t until after the hearing that we truly saw what the Staff at the BCSC were prepared to do in an attempt to prove their case.

For any of you (specifically the former investors in FCC and DCF) that want to inquire to the BCSC why Staff did not forward this viable Settlement Offer to the Executive Director (with the possibility of receiving dollars through the development of the project) we suggest you call them.   Their number for inquiries is 604-899-6854 or call the main switchboard at 604-899-6500 and the lovely receptionist will put you through to the right department to have your questions answered.  They are a public organization serving the people of British Columbia and they have to answer you.    That being said, to date, we have yet to receive a response from Brenda Leong – the Chair of the BCSC.

What are they possibly hiding?

[Click on the link…]

January 17, 2014 – LEGATT to RESPONDENT

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