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Wall Financial Corp T.WFC

Alternate Symbol(s):  WFICF

Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on the development and management of residential and commercial rental units, development and construction of residential housing units for sale and development and management of hotel properties. The Company’s segments include ownership and management of residential and commercial rental properties (investment properties), the development and sale of residential housing (development properties), and the ownership and management of hotel properties (property, plant and equipment). Its property under development includes Ivy on the Park, Eagle Mountain and Trails North Vancouver projects. The Company owns and manages over 934 hotel units (188 at the Westin Wall Center, Vancouver Airport, and 746 at the Sheraton Vancouver Wall Center). It also owns and manages approximately 1,523 residential and commercial rental units located in Metro Vancouver.


TSX:WFC - Post by User

Comment by Malpeque2on Sep 17, 2022 4:38pm
96 Views
Post# 34969248

RE:RE:Less Than Arm's Length Transactions

RE:RE:Less Than Arm's Length TransactionsWonderfull Corporate Citizens of Vancouver No Doubt?    Spotless Charitable doners to the Community?

Bruno Wall.    Peter Wall.    And Michael Redenkop.       How did I do?

Reading the Press Release of the earnings for the Previous Q.    With Limited details,  limited disclosures,   and NO statment from anybody at the compay,  with NO cotact info...........doesn't it speadk loud and clear to the public................don't look here,  we don't want you to know anything about what is really going on with your investments.    

I get it,   the game.   They all do it.   These real estate companies in Canada that are public.   You use the public capital and borrowing capability to privatize the gains for the principals who control over 50% ot the equity.      On Occassion we get cut in on the profits just to keep it all looking legit.   Why else do you have som many "Less than arm's length deals going back and forth between the public Co.  and the privates controlled 100% by the "Majority"?
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