Grosvenor Resource Corp V.GVR

Sedi release

[AricanTwin]

More Lisa share updates released nothing seems to have changed. Would have to say if there trying to file financials regulators maybe forcing updates.

[lscfa]

Looks like Crossley granted her parents millions of options for god knows what (consulting work?) and did not report the transactions as insider trades even though she had control/direction over those options. What a dirtbag.

[lscfa]

22.7M options granted to parents. I knew those consultant options were sleazy.   Dr. David Ouchterlony (Control or Direction)                            

[lscfa]

KPMG must have demanded Reliq disclose the nature of the options paid to consultants and discovered this BS. Dr. David Ouchterlony (Control or Direction)     4394482 2020-12-02 2024-10-30 50 - Grant of options 2,800,000 4394483 2021-07-19 2024-10-30 50

[lscfa]

I don't think these "consultants" made any money exercising these options and selling the shares as many of the options were exercised very soon after issuance before the stock price could move. I've been saying for years these actions were a way for Reliq to circumvent private placement rules. It was stealth financing. These "consultants" were really just raisng funds

[Mitch43]

Thanks Icsfa, intresting... So Crossley must be the name Lisa Ouchterlony got from some matrimonial event, pure coinccidence or else ... intrigued, I learned from a search there is a dr John Crossley listed in Vancouver (Reliq headquarter),so  I decided to call his office, in vain, because I learnt he retired in 2021... However it might still be useful if it could help to trace

[Mitch43]

At this point , Any poster still claiming how great was L Crossley at runing Reliq with  her business acumen, and feeling sad ill health forced her to step aside from being Reliq CEO. should have their head examined  before getting called to testify as  complicit witness if/when the Judicial system will get involved.

[lscfa]

Crossley should be banned for life from managing a public or private co. 

[lscfa]

Not sure if the catch-up filings are complete but as of now it shows that Dr. David Ouchterlony (controlled by Crossley) and Dr. Mary Ouchterlony (controlled by Crossley) have sold none of the 20.6 million shares issued by exercise of options. That is a $11.1 million investment by the bank of mom and dad. Won't be surprised if there are more filings to come to show some or all of these

[Reggie1]

Its definatley going to get litigious.  Everyone can see now why it trades the way it has on the US OTC.  People have ways of finding out things and responding in action.  Everyone knows now why she would never take any questions ever on Q call. A company culture that was obviously full of shleps doing as she directed them to do.  Well maybe in part they were correct when

[lscfa]

updated tables....   Dr. Mary Ouchterlony                                 Transaction ID transaction date

[aaaaaargh]

I just want to say that I appreciate all of your hard work and amazing due diligence.  Any chance that you would like to take on a CEO role.  I know of a company that could use someone like you !!!

[lscfa]

Bloody Crossley did not disclose the exercise price on the option grant reports so I inferred them from subsequent exercises. Then I checked to see if  the exercise prices were below market prices at the time. They were not so no skullduggery.           TSXV

[lscfa]

More analysis. Look how quickly options were exercsied after granted. No time for price to increase. Consultant's options nothing more than stealth financing to circumvent private placement rules.     Dr. David Ouchterlony        

[lscfa]

More analysis.... Total proceeds to co. from exercise of options by 2 "consultants" 2021 to 2023 = $11,184,900.  So Crossley was full of it when she said no financing required. - - - - - - - - - - - - - - - - Total gain by 2 "consultants" on exercise of options = $1,239,585 Most of these gains were in 2021. Later exercises were done mostly for small losses, supporting

[builder1]

Nicely done lscfa. Back in the day, these "under the radar" financings were called "gypsy swaps".  Infuriating that Lisa & Scott were claiming: no need for financing, pursuing a nasdaq listing, profitability, etc.  Incredible misrepresentation and incompetence.

[lscfa]

I think these catch up filings of long ago insider trades is a major reason for the delay. Some of these late filed trader reports even have amendments to the amendments. Crossley is totally incompetent. Why did anyone think a chemical engineer could run an IT co.? And calling herself Dr. Crossley is the most misleading of all.

[lscfa]

more late filings of insider trading by Crossley. The idots first filed reports for David Ouchterlony showing only options exercised with a current balance of 10,440,000 shs owned. Today they filed revised reports to show shares sold in 2021 and current shares balance of 7,330,000 shs owned. Crossley should be doing all this reporting work at her own expense but I bet the damn co. is paying