Trapper49 wrote:Prometic-SALP-Thomvest For Dummies

This is a short guide to make the hard-to-understand Prometic-SALP-Thomvest biggest white-collar crime in history on the Toronto Stock Exchange into easy-to-understand.

 

  • The wealthiest family in Canada, the Thomsons, with wealth estimated over $40 Billion controls Thomvest (TV).
  • TV controls Structured Alpha LP (SALP), a private corporation registered in the Cayman Islands.
  • SALP controls Prometic Life Sciences (PLI), a promising Quebec biopharmaceutical corporation.
  • TV’s left pocket, SALP, loans $120 Million to TV’s right pocket, PLI.
  • SALP dictates the $120 Million loan be repaid by PLI’s retail shareholders – thousands of retail Canadian investors, who have invested their entire retirement savings, both TFSA and RRSP, into PLI over decades.
  • SALP dictates that shares are worth 1.5 cents. Retail investors purchased their shares at a much higher price, some paid $3.50. Let’s assume on average investors paid $2.00 per share. For every share that an investor paid $2.00, it is worth only 1.5 cents in repaying the $120 Million loan to SALP. Thus, the shareholders are forced to pay $16 Billion to SALP in real terms.
  • SALP dictates “loan shark” rules for their loan, where shareholders of PLI are forced to pay $119 Million through UNEARNED interest until 2024. The $120 Million loan becomes $239 Million with the “loan shark” rules. Shareholders are forced to pay $32 Billion to SALP since shares are dictated to be worth 1.5 cents.
  • SALP’s lawyers find a loophole to evade paying Canadian taxes, and to conduct their illegal financial transactions in secrecy from the Canadian Government. SALP’s lawyers also find a loophole in the Toronto Stock Exchange (TSX) called a hardship to takeover a company, and wipeout existing retail shareholders without the shareholders having a vote.
  • SALP creates a false urgency, by fraudulently planning a hardship in order to rob the shareholders of their vote. With their influence and lawyers, SALP pressures the TSX to approve their greedy takeover plan after Easter long weekend 2019. The TSX has no time to do any due diligence over Easter long weekend in reviewing the fraudulent hardship application, and blindly approves SALP’s takeover. Thus, thousands of Canadians lose their retirement savings, both TFSA and RRSP, because of SALP’s snakes in suits with law degrees.
  • After their fraudulent plan is passed by TSX, SALP rejoices and immediately takes a cash grab of $57 M in stock compensation for their key people. With shares dictated to be 1.5 cents, in real terms this is another $8 Billion PLI shareholders are forced to pay to SALP.
  • In total, shareholders of PLI are forced to pay $40 Billion to TV, who originally lent themselves $120 Million from their left pocket, SALP, to their right pocket, PLI.
Checkout a petition with over 1000 signatures from PLI retail shareholders and their families, who had their lives financially destroyed, and will have to live on the streets during their retirement. Watch the Facebook video where M.N.A. Guy Ouellette advocates for PLI retail shareholders in the House of Commons. The Financial Post, La Presse, and Journal De Montreal have published articles about SALP’s takeover.

The TSX and AMF are the authorities that PLI shareholders have lodged hundreds of complaints with, citing plenty of evidence. Shareholders hope the authorities have the agility and the courage to subpoena and prosecute the Cayman Islands dictator, SALP. However, authorities are not responding to shareholder submissions or emails.

Shareholders need politicians and media to hold the TSX and AMF accountable. The TSX and AMF must make this issue a top priority, get help from the RCMP, resolve the situation, and ensure this does not happen to future investors in the Toronto Stock Exchange.

PLEASE HELP THE SHAREHOLDERS OF PLI WHO HAD THEIR MOST FUNDAMENTAL RIGHT TO VOTE ROBBED BY SALP, SO THEY COULD FORCE THE SHAREHOLDERS TO PAY THEM $40 BILLION!!

Sincerely,