Which was requested to be deleted by whoever...
In 2018, I didn't even know Reliq existed, so all I mention after having done my own DD is from several sources mostly from the class action, the BCSC , the CO website, the White diamond report,various media sources ( Youtube videos about Hyperbolic Lisa interviews), CO news releases and even pro/against posts about Reliq on the discussion boards.
(none being 100% necessarily correct), add to the mix English is not my original language, nor am I a professionl typist.( hence the main cause of various typos using a wireless keyboard).
The main difference between the BCSC and the BCSEC is that the BCSC is the current regulator of the securities industry in BC, while the BCSEC is a future BC potential new enforcement agency that would focus on criminal cases involving securities law violations, no big deal there.
however none of this change by much my contentions about Reliq....who cares what may have been said or not during the class action case. or what had to be restated...the final result was Lisa had agreed to her/Reliq' culpability and paid 2.5 million for it after first wowing to fight aggressively what she referred first as false allegations. ditto after the publishing of the White diamond report....
Just all this should be enough for any real shareholder including you if it was the case to be wary about Reliq credibility, therefore your constant defence of Lisa doesn't hold water. unless you are a close family member, an insider, or a paid pumper by one of the CO whose business is to promote Reliq, is by all metrics one choose to apply, highly suspicious.
Before claiming Beukman, lisa, and to a lesser extant C. Shields innocence due to the fact they haven't been charged so far of anything, it would be wiser to wait for the closure of the pump and dump case presently in BC.
Have you never heard of businesses protecting some of theit interests using straw persons....in this case Lisa/Beukman come to mind
The Thindal brothers are named as hearing respondents to the administrative charges of violating the B.C. Securities Act alongside: Vancouver resident Yazan Al Homsi, Core’s former vice-president of investments; Delta resident Pardeep Luddu, a Core associate; Aarun Kumar, a former registered securities dealer living in Vancouver and Core’s vice-president of corporate development; and Kumar’s uncle Mani Chopra, a retired securities lawyer residing in West Vancouver.
The commission alleges Core was the unregistered investment vehicle used to raise money for Reliq and 2 other CO
Following its investigation, the commission claims Al Homsi netted $11.4 million; Kumar took in $5.1 million; Amandeep Thindal netted $4.5 million; Luddu obtained $1.7 million; and Chopra profited to the tune of $1.2 million.... and it could be the BCSC did not have enough proof to charge E Beukman nor the CEO
As alleged, in July 2015 the group began accumulating a large share position of health-care technology firm Reliq Health Technologies, which had been trading on the TSX Venture Exchange and over-the-counter markets in the United States. They did so by replacing Reliq's board of directors and CEO with nominees under their control, as Amandeep Thindal became CFO and the bank signatory. By September 2017, the group amassed about a quarter of the company’s 68.4 million free-trading shares under hidden beneficial ownership structures ( again straw people come to min)
Core Capital assisted Reliq with fundraising through private placements during the Reliq promotional period, the commission alleges.
Reliq misled investors in January 2018 when it claimed it had reached profitability, the commission further alleged. ( something Reliq kept claiming and backtracking since)
While Reliq reported about $2 million in revenue from its “patient monitoring platform” during the alleged promotional period it had, in fact, only collected $51,540 or about 2.6 per cent of that amount, the commission noted.
.