AIC SHUT DOWN IN NOVEMBER
A fellow Empower investor has informed me Leung actually shut down the Calgary AIC office in late November of last year.
A phone call to the AIC office confirmed this. I would speculate the exact timing was just after the 2014 AGM.
Therefore, the Calgary office has been shut down for over 5 months.
As I mentioned in yesterday's post, the Calgary office will never be re-opened in spite of Leung's claim it was closed for "relocation."
This is standard procedure for Leung. He wouldn't want to be asked questions about the closure at the AGM.
At the AGM if an investor asks Leung a question about the company he begins yelling and refuses to even allow the investor to be heard.
I'm expecting the 1st quarter results to be another disaster.