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6/19/17

Some advice for Mark Attanasio and Donato Sferra


If you don't like being called slimy and crooked, stop doing slimy and crooked things. 


You'll note that Attanasio lost the CEO's job at Eight Capital earlier this month, precisely because he was caught with his hand in the slimy and crooked cookie jar. And his partner in slime Sferra, the other guy with tens of millions of secretly held shares in Cannabis Wheaton, is just as bad.

Anyway, they made Stockwatch today. Here's the link, here's the full text:
Eight Capital men look to identify on-line detractor
2017-06-19 10:33 ET - Street Wire
by Mike Caswell
Toronto businessmen Mark Attanasio and Donato Sferra have filed a case in the Supreme Court of British Columbia in which they are looking to identify a Stockhouse forum poster who called them slimy and crooked. They say that the user's post was false, malicious and entirely defamatory. They are asking that the court order Stockhouse to hand over identifying information.
The case is contained in a petition that Mr. Attanasio and Mr. Sferra filed at the Vancouver courthouse on June 13, 2017. The two men identify themselves as the operators of Eight Capital Partners, a broker-dealer that was formerly known as Dundee Capital Partners. They are seeking the identity of a Stockhouse user named "MadeIn86." According to the petition, that user was behind a single defamatory post that appeared in the Stockhouse forum on June 5, 2017. It was under the section for CBW, which is the symbol for Cannabis Wheaton Corp.
The post, as described in the petition, accused Mr. Attanasio of achieving business success through theft and "back room dealing." It said that he impregnated his former boss and received a promotion as a result. The post called him "one of Bay Streets worst." As for Mr. Sferra, the post said that he gained his position at Dundee's predecessor by having sex with the head of human resources. The post also accused Mr. Sferra of causing a "deep dive catastrophe" at Dundee's predecessor and of causing many valuable employees to depart.
Included with the petition is the full text of the post that the men are complaining of. The post is titled "The Criminal Chuck Got in Bed With" (with "Chuck" presumably being Cannabis Wheaton chief executive officer Chuck Rifici). The post began with Mr. Attanasio, accusing him of "banging his boss at National Bank as a young trader" and of improprieties related to an organic food company called Blue Goose Corp. He and the company's president "connived to purchase land properties and assets at ridiculously inflated prices they owned secretly ... even though the land and assets were of no use to Blue Goose Corp.," the post read.
"When the scheme was about to be blown wide open Mark Attanasio decided to 'blow the whistle' as an informant to save his skin. Ned Goodman, the owner of Blue Goose Pure Foods decided to offer Mark Attanasio a position in Dundee Corporation keeping him safe as a whistle-blower, and offer him a chance to fix the mess," it continued.
The post, as quoted in the petition, also referred to Mr. Sferra at some length. "One word describes this guy very well. 'Slimy'. I'm talking back of the KFC deep fryer Slimy. All you need to know now is he drew up a clever strategy to slither his way from the Sales desk of Dundee Securities to the Mining Investment Banking Team while banging the head of HR Naomi Ruby whose husband found out about the affair and divorced her recently," the post read.
The post then went on to explain how Mr. Sferra "caused so much havoc" that many of Dundee's best employees left and set up a competing firm, Maxit Capital. "Bright minds like Bob Sangha, Brad Ralph and upcoming young wiz's like Mike Spencer and Stanley lu started Maxit and quadrupled their deals and earnings in less that a year of opening shop while Dundee Securities went for a deep dive catastrophe," it stated.
"Anyone who was at a mid-senior level can verify this details I just disclosed. It would take a couple of thick books to write up the craziness at Dundee that spawned such a collection of slimy, crooked dealing characters that exist today," the post read.
Mr. Attanasio and Mr. Sferra claim that the post has caused serious injury to their business and personal reputations. They say that they have sought assistance from Stockhouse to identify the author, but Stockhouse will not release any identifying information without a court order. For that reason, they are asking that the court enter an order directing Stockhouse to release all such information, with that information to include any IP addresses associated with the user's account.
Vancouver lawyer Robert Deane of Borden Ladner Gervais LLP filed the petition on behalf of Mr. Attanasio and Mr. Sferra. The case has yet to go before a judge.
 


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