Global 8 Environmental Technologies Inc GBLE

Good Reading!

[G8Shareholder]

David Baines - "B.C. securities regulators cite two B.C. men for allegedly selling illegal investment schemes"
Vancouver SUN 6 January 2011
(see original)

B.C. securities regulators have cited Richmond resident Don Dyer for illegally raising money for Global 8 Environmental Technologies Inc., a company closely connected to controversial Langley promoter Rene Branconnier.
In a notice of hearing released Wednesday, the B.C. Securities Commission alleges that between November 2005 and July 2009, Dyer phoned prospective investors at their residences to sell them Global 8 shares, which is against the law in B.C.
The commission further alleges that Global 8 had not filed a prospectus for the sale of the shares, and Dyer was not registered to sell securities in B.C.
In total, he is alleged to have sold $836,000 worth of shares to 85 investors through his private company, Pacific Ocean Resources Corp.
There is no indication what price he sold the shares for. They are currently trading on the “Pink Sheets” over-the-counter market in the United States for two cents each.
I wrote about Global 8 and its connection to Branconnier on Sept. 12, 2009. It is the second item in the column. Please note that I misspelled his name. The correct spelling is “Branconnier.”
(Click here to see the BC Securities Commission order)
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Other David Baines articles about Rene Branconnier's business activities:
2009 - "Regulators Sound Alarm"
2006 - "Big Talk is the Only thing being Recycled"
1999 - "Langley Tech Firm under investigation has lost up to $69 million"
1995 - Quoting a Baines' article about Thermo Tech