CEF vs ASC: Meet the ASC Hearing Panel

When the ASC begins hearing into the allegations of CEF's securities misconduct starting May 13, 2019 - a panel will hear both sides of the case, consider the information they have, and then render a verdict. If their verdict is that the accused have committed an offence that requires sanctions, a sanctioning hearing will follow... Continue Reading →

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CEF / ASC Hearing Notes and Decision

The ASC hearing is open to the public, and fortunately for the rest of us some people were able to attend the hearing and took notes of what they saw and heard, which they then sent to me. For that I thank them. According to those notes, the main reason for this hearing is the... Continue Reading →

CEF vs ASC: No News is Good News?

Jan 21, 2019 has come and (nearly) gone - and no official word from the ASC pertaining to the matter about the application to stay this proceeding until the representative action has concluded. However, the ASC's "Proceedings, Decisions, and Orders" page for this proceeding is still there, the May 2019 hearing dates are still in... Continue Reading →

CEF: Meet ASC Counsel Janet McCready

Janet is the ASC's staff counsel responsible for the ASC's proceeding against various people involved in the the ABC CEF debacle. The following text is from her public page on the ASC website. Janet's position against fraudsters that refuse to take responsibility for their actions is a refreshing change from LCC's "ignore it and it'll... Continue Reading →

Shepherd’s Village Ministries Ltd update Jan 19, 2019

One of the speculative real estate ventures ABC CEF engaged in was "Shepherd's Village Ministries" (SVM) (1) which, according to the KPMG Report: SVM's primary purpose was to build housing accommodations for mature adults, senior citizens, or the elderly. SVM built a seniors independent living facility in Valleyview, AB with that objective and the concept... Continue Reading →

CEF/DIL: ASC Application Hearing Update

Counsel for the prosecution and the defense have made their case. As I expected, counsel for the defense want to delay the proceedings until the representative action has concluded, or have the proceedings sealed so they cannot be used against them when the representative action commences. Considering that the AB real-estate market is somewhere between... Continue Reading →

The Concrete Equities Timeline

What has been is what will be,     and what has been done is what will be done,     and there is nothing new under the sun. Is there a thing of which it is said,     “See, this is new”? It has been already     in the ages before us. Ecclesiastes 1:9-10 If there's one lesson I repeatedly learn... Continue Reading →

ASC Hearing Update: Dec 8, 2018

Remember that Dec 18, 2018 ASC hearing? It's been moved. A closed hearing management session was held on Dec 7, 2018 with the result that the application hearing was extended to two days and the Dec 18 hearing being rescheduled to Jan 7-8, 2019.

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