TSXV:POI.H - Post Discussion
Post by
NotFreddie on Jan 19, 2017 5:50pm
Old Habits Die Hard
The past sheds light onto the future. Old habits die hard. A wolf sheds its fur, but not his habits. Read for yourselves Chell Group's chairman nabbed in boiler room raid Dec 18, 2002 - Mr. Towning, who replaced founder and controversial promoter Cameron Chell as chairman of Chell Group this summer, was arrested and ... More of the same Billionaire Boys Club Members Forum Feb 11, 2006 - ... Inc., has no working capital, no tangible net worth and no cash flow, ... a Canadian penny-stock promoter named Cameron Chell who had ... .....For one thing, only two months before the deal, the company fired its founder and CEO, a Canadian penny-stock promoter named Cameron Chell who had recently run into problems with Canadian regulators and been banned from the Alberta Stock Exchange.
And not long after Samberg became an investor, the company filed papers with the SEC acknowledging that "persons formerly associated with our business may have engaged in unlawful activities designed to manipulate our stock" - an apparent reference not just to Chell but to others who had been associated with him at the company.
Chell, whose previous business associates have included a confessed Internet stock swindler from Illinois and a Canadian penny-stock promoter now awaiting trial on criminal charges in Miami, was not about to let his ouster from Futurelink slow him down. Two years ago he sold a company he controlled - the aforementioned Magic Lantern Group, Inc. - to a Canadian company that promptly resold it to New York's Mob-connected Lancer hedge fund. "......Chell, whose previous business associates have included a confessed Internet stock swindler from Illinois and a Canadian penny-stock promoter now awaiting trial on criminal charges in Miami, was not about to let his ouster from Futurelink slow him down. Two years ago he sold a company he controlled - the aforementioned Magic Lantern Group, Inc. - to a Canadian company that promptly resold it to New York's Mob-connected Lancer hedge fund. "......
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