stock manipulation
I just spoke to management and they report WND has filed a formal complaint last month with thorough and complete supporting documentation to the BC Securities Commission regarding our strong belief of market manipulation. This was done after we notified IIROC of the same activity many months ago. IIROC also recommended we file to the BC Securities Commission as IIROC noticed on their trading screens things did not appear proper. IIROC can not tell us what they saw at all, neither does the BC Securities Commission have any obligation to report their findings. This is how things work in Canada. We did speak with FINRA in the US, but their is simply very little US trading to make a case. All the US hedge funds that own WND trade through the TSX Venture. There can never be any doubt that management is extremely disappointed by the obvious trading patterns of WND stock. Management and family and friends own a lot of stock and options, and therefore only want the stock price to be in line with the company's asset values, which is a lot higher. We, as management have no tools or legal avenues in Canada to stop hedge funds from circle jerking the stock price to the benefit of their own pockets, while at the same time giving the long term shareholders any comfort.