Due Diligence.....There is only one thing I agree with MaryJ on.....and that is to perform full, unbiased due diligence on the companies you invest in.
For example, you cannot skirt around the fact that the BCSC [regulators] are investing PREV's involvement in a scheme with the Bridgemark Group....along with ten other Issuers on the CSE.
Here are a few excerpts from the BCSC Citation, directed towards the eleven 'Issuers'....
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Staff are concerned that members of the BridgeMark Group generated profits for themselves and that the Issuers raised capital through the scheme, as follows:
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(c) the Issuers issued securities through private placements to members of the BridgeMark Group relying on the consultant exemption to the prospectus requirement in section 2.24 of National Instrument 45-106 (Consultant Exemption),
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(e) the Issuers paid most of the private placement funds back to members of the BridgeMark Group and kept very little of the money raised,
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(g) the Issuers issued news releases informing the market they raised the full amount of the private placement when they had only retained a small portion of the funds.
I am of the personal opinion, that PREV's suit against the Bridgemark Group is deflection away from their own inappropriate actions in this case.