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3/17/15

The laughing stock that is the BCSC

It's absolutely beyond me why there are so many stock market crooks and mining scamsters in Vancouver. It's a complete mystery.

Meanwhile and completely unrelated to that thought, check out the story out yesterday about Gary Thompson. He, via his company Lowprofile Ventures (oh what a great name, oh what irony) was found guilty of securities violations by the BCSC and once you filter out the noise, the penalty suffered was him getting fined $5,000 for making illegal proceeds of $485,000 over the course of five years.

Got that?

1) Repeatedly break the law
2) Over five years
3) Make $485,000
4) Finally get caught
5) Pay a $5,000 fine

But anyway, back to my thinking out loud on a completely separate subject and it's still absolutely beyond me why there are so many stock market crooks and mining scamsters in Vancouver, total mystery....