CSE:AFI - Post Discussion
Post by
Red_Deer on Mar 03, 2024 4:05pm
Latest BC Securities NEWS,,,Affinor Growers/Nick Brusatore
So looks like the BridgeMark individuals ARE Starting to CONFESS to this
SCANDAL eh !!!!!!!
Affinor Growers AND the CEO at the TIME__Nicholas Brusataore__Likely ONE
of the NINE ????
https://www.bcsc.bc.ca/about/media-room/news-releases/2024/17-west-vancouver-man-and-his-two-companies-admit-to-conduct-abusive-to-investment-market Liu, the companies, and other consultants and their affiliated companies entered into consulting agreements with various issuers listed on the Canadian Securities Exchange. Although they did little or no consulting work, they used their role as consultants to purchase, through private placements, tradeable shares of the issuers.
As part of the scheme, nine issuers announced gross proceeds of $50.9 million from the private placements. Most of those funds were then given to the consultants as prepaid consulting fees, with the issuers retaining only $7.9 million. The consultants, in most instances, sold their shares after purchasing them, at prices that were generally below the private placement price.
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