PURE Manipulation !!!I actually had a back and forth with IIROC about this. Here is the last email they sent me.
Hopefully something comes of it:
" IIROC is in receipt of your email regarding the recent trading activity in Mission Ready Solutions Inc. (MRS). We will review the information you have provided.
The market complaint process IIROC has confidential investigation procedures and as such, staff cannot comment on a potential investigation unless it becomes a matter of public record. By keeping information confidential, we protect the integrity of our investigation, ensure the complaint process is not used to affect the market and maintain fairness to those who may be the subject of a complaint that does not result in an investigation or sanction. As a result, we will not provide you with any updates or additional information regarding our review of this matter. However, please be assured that appropriate action will be taken.
One of IIROC’s primary objectives when reviewing any complaint is to determine whether there is sufficient evidence that supports a potential breach of the Universal Market Integrity Rules (UMIR) or other IIROC rules, warranting further investigation and potential regulatory action. If there are no indications of any rule violations, IIROC will close the file with no action taken. Where there are indications of potential rule violations, IIROC will take appropriate action against the dealer or its registered employees. Appropriate action may involve formal disciplinary proceedings or other measures, such as a cautionary letter. Formal disciplinary proceedings become matters of public record; however, other measures taken by IIROC are not.
Please note that IIROC does not have regulatory jurisdiction over the general public, public companies or their officers, directors or employees. They fall under the regulatory jurisdiction of the provincial securities commissions. When IIROC detects suspicious trading activity involving these individuals or entities, we refer the matter to the provincial securities commission that has jurisdiction.
Surveillance of Equity Trading IIROC monitors equity trading on Canadian marketplaces in real time using a state-of-the-art technology platform, SMARTS.
The goal of IIROC’s Equity Market Surveillance team is to detect manipulative or unfair trading practices and other breaches of the marketplace trading rules to ensure market integrity and to protect investors.
In addition to real-time surveillance, IIROC’s Trading Review & Analysis team conducts post-trade reviews to investigate potential trading rule violations.
Trade Surveillance | IIROC.
Regards,
Ross Holt | Senior Complaints & Inquiries Specialist | Investment Industry Regulatory Organization of Canada | 1.877.442.4322 "