OSC Online Complaint FormCouple additional thoughts after a conversation and reflection on the postings today-
- file complaints againt CRO and FTI as well
- understand what is happening with the shares in escrow. Could they be transferred/sold giving someone undue influence to be recognized in court as the largest equity holder and subsequently speak on our behalf (against us I might add)? How can we find out who is behind the numbered Cayman company?
https://eforms2.osc.gov.on.ca/contactus2012/ProcessFormSubmissionServlet?filename=contactus.xfdl&action=open&dirname=FormTemplates&mode=html
It takes a bit to complete, but I have posted my data to make it a bit quicker:
Section 1
Tuscany International Drilling (TID)
1950, 140 — 4 Avenue S.W.
Calgary, Alberta, Canada T2P 3N3
Tel: +1 403 265 8258
Fax: +1 403 265 8793
CEO: Walter Dawson
CFO: Matt Moorman
Section 2
Common Equity - XXX Shrares - $XX,XXX CAD/USD
Section 3
I would like to complain in regards to Tuscany International Drilling (TID).
This member company filed for Chapter 11 / CCAA protection in the USA on Sunday Feb 4, 2014. In December 2013, a registered insider Bruce Moyes; current Vice President of Finance for TID sold approximately 1 million common shares. This sale was succeeded by 3 press releases on Jan 16th 2014 and Jan 27th, 2014 and Feb 3, 2014. Each subsequent press release was of a material event, and the common equity share price decreased by 71% from the date of the first to third release ($0.07 CAD to $0.02 CAD) at which point the company filed for bankruptcy.
TID only has 3 officers; it seems completely illogical that the entire management and director group was not all in blackout. Especially considering the press releases occured within weeks of Mr. Moyes dispositions. Anyone acting in a senior executive capacity, especially one intimately involved in the finances of the company, would have material inside information that should preclude them or from taking any action up to and including trading the companies common equity.
Who Have You Contacted
x Company
x Individuals
x IIROC
And any others that apply
Legal Action
x No
etc...