Woulfe Mining Corp WFEMF

Canadian Brokerage Shuts Down

[StockExpertPro]

Canadian Brokerage Shuts Down

You might want to take a look at this. This explains why the interim CEO Mr. Hubert Marleau came back from South Korea empty handed. He could not even complete a deal to save his own firm, Marleau, Lemire Inc. As of June 1, 1998, Marleau Lemire Securities, Inc. went out of business. This seems to explain a lot and speaks volumes about how incompetent management is at this company. Why would the board of directors put Hubert Marleau in charge of finalizing this deal for Woulfe Mining? If they know he has a track record of failing to close a major deal when everything is on the line.

https://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=21645

Canadian broker/dealer Marleau Lemire Securities is shutting down after failing to reach a deal with another firm to salvage its floundering operations.

https://wealthmanagement.com/archive/canadian-brokerage-shuts-down

Canadian broker/dealer Marleau Lemire Securities is shutting down after failing to reach a deal with another firm to salvage its floundering operations.The firm was founded in 1989 as one of a handful of publicly traded brokerages in Canada. It has suffered losses in recent years as competitors made in-roads into its bread-and-butter small-business financings, and key managers and producers left.

https://wealthmanagement.com/archive/canadian-brokerage-shuts-down