Folks I was Involved with New Wave
on the CSE and they blew up their share value but before doing so they bought the rights to Way of Will Inc. and were trying to get the rights to another company in Europe whose name escapes me. They were in the gaming video game business and why I initially bought tied to the 1up gaming systems then they got into psychedelics and cannabis based products and stated that they are into health and wellness in which you can accept that. Way of Will has products in the alternative health line and prior to spinning the company out Spor said that each existing shareholder will get .8 shares to all one of spor that they held. The company did a 5 to one consolidation which I was not pleased about as the shares lost massive value prior to which the company was trading at my break even point or a little profit going as high as .115 on my about 2000 shares. People on the inside knew about the consolidation and heavily dumped the shares all the way down to half or around .05 and with it the shares got cut. It took the company forever to restructure the shares about twice as long as what they said and they gave .5 shares I just was too annoyed and moved on feeling if I care about Way of will I will buy it later wash my hands of this company New Wave. The big reason I dumped is that I felt it was as people were claiming a Mickey Mouse outfit. I called one of the numbers to a listed management and on doing so he said he was no longer with the company and hasn't been for months. I was pissed called the Vancouver Office and the company has a common ir firm shared with others they promote in addition to Spor. I asked to be called back no one did so that was it I dumped and moved on. Folks this is what all happens with companies pretty common not only of this company sadly to say BUT all this is allowed again as long as companies follow the minimum requirements set by the Exchange and the Exchange lays out their terms as to what we all agree to they are all absolved of anything that happens after. Is this ethical well again my only comment is I need to protect myself and look for companies that go above and beyond the rest to differentiate themselves sadly I don't see too many of those around. It is all the same old same old but now I suppose one can say at least Spor was dealing in tangibilities that is true but people said the same damning things about them as what is said here and the reason I said whether people have tangible sales or not people at retail will always find something to complain about especially if they are on the losing end of things. The mechanics to all stocks are one and the sane. I just wanted to share this one with you because it did more or less what this company did and people don't realize that if the companies feel that is the best option they will not consult with you until they have already started the process and file it and they are all well within their rights to do so and we have 0 control on all this other than deciding to dump shares and move on keep what we have looking to recover what we can and not buy anything further etc. It has nothing to do with me or anyone else being of questionable character it has to do with looking for the best outcome not to stress again everyone by virtue in being in stocks under these Exchange rules is doing the same thing and perpetuating it by gambling investing whatever you call it in accordance to the understood terms with the listed company. Everything and everyone has dirt on their hands as far as I am concerned some a little more than others as despite all the crookedness I don't like the gamesmanship on the boards where people can talk from both sides of their mouths to gain advantage. That is why more and more to hold a neutral position I feel the beat thing for me is to get off the boards as soon as I can as there really isn't ethically more I can say as legally again none of us have any legs to stand on in accepting the exchange disclaimers by buying shares of listed companies unless they very flagrantly break rules and catch the ire of the regulators. Anyways I wanted to share this with you. You can see if companies do this they really act like she'll holding companies with their hands in everything and may not succeed in anything at least to what we may define as success and failure. Be very careful with the pennies. If you don't like these types of losses best to reduce your percentage of small cap holdings and put more on the main exchange ones especially those that have dividend pay outs. Once again good luck all be careful take your gains you can always buy back later.