RE:RE:RE:RE:RE:RE:RE:RE:BCSC slacking off?Lifeboat, I can't make a comment on the specific posting you're referring to below (on account of the ignore function), but I must say that the tone of your reply is very careful, instructional and well meaning.
Having said that, in general terms, there are so many posts on this board that are so rife with errors that there is obviously malicious intent happening. We've all become so inured to wilful and reckless misstatements these days - including people accusing others of doing what they themselves have been doing - that we often let these types of misstatements go without calling them what they are. They are fraud. Plain and simple. There might a few genuinely uninformed people accusing the company/executives of commiting fraud, but the majority of the misstatements are deliberately and maliciously fraudulent IMHO.
There are many different opinions as to whether or not Reliq represents a compelling investment, but none of us should commit fraud in the process of expressing those opinions.
Lifeboat1 wrote: So much misinformation in your post. I will just highlight a few. Please do a better job at DD before posting going forward.
1)It's the BCSC not the BCSEC
2) Siskinds admitted in their settlement document with the court that their case was weak and almost entirely relied on the financial restatement misstatement in the October press release. Reliq did not restate revenue but moved revenue at risk to bad debt which Siskinds acknowledged.
3) None of the people named in the BCSC action are current management or board members. No one named in the BCSC action has been associated with the company since 2018. Dr. Crossley got rid of them all.
4) Core Capital did not change their name to Integrated Cannabis. One of the Companies they were invested changed their name to Integrated Cannabis. Core Capital still has the same name. Check their website.
5) If the financials Dr. Crossley signed off on were fake they would have had to be restated but they were not and both the BCSC and TSX.v agreed that the revenue was properly recognized.
6) The stock was not $2.00+ on October 15th it was around .85. A very big difference.