Friday, September 24, 2021

China's central bank declares all cryptocurrency transactions illegal

China's central bank said today all financial transactions involving cryptocurrencies are illegal. This is the death knell for the digital trade in China after a crackdown.

Saturday, September 18, 2021

Natural Gas on a roll

It's an impressive run on NG, but it means sharply increased costs on everything from fertilizer to meat. Prices are at seven-year highs for North American consumers heading into winter. Housing, transportation and food are leading inflation. NG joins that list. The inflation rate in the US was 5.3% in August, off from a 13-year high of 5.4% in June and July.

Friday, September 17, 2021

Stefan Qin - Crypto Ponzi scammer = 7½ years in prison

Stefan Qin, 24, is off to the big house for 7½ years. His ponzi fraud extracted some $90m out of 100 people. Qin is an Australian who dropped out of college to found Virgil Sigma Fund LP in 2017. It was billed as a hedge fund that was generating 500% returns by exploiting the price gaps between cryptocurrencies on exchanges throughout the world. Qin claimed he developed a special trading algorithm called Tenjin. The arbitrage notion was and is rubbish.

He told the judge he “felt absolutely heartbroken”.
The self-proclaimed math genius blew investor's money on his lavish lifestyle, including a $23k per month Manhattan penthouse, a string of failed investments in initial coin offerings and real estate. Qin claimed to have suffered gaming and sexual addiction stemming from his traumatic childhood.

Wednesday, September 15, 2021

SONA.c - Sona Nanotech Inc. - Revisited, flatlining - update

2021-11-08 "Sona Nanotech Inc. has entered into a binding licensing agreement with the U.S. Food and Drug Administration (FDA)-registered Arlington Scientific Inc. of Springville, Utah, an in vitro diagnostic developer, manufacturer and distributor, to bring Sona's rapid saliva COVID-19 test to market. Under the terms of the agreement, Sona licenses the intellectual property for its rapid saliva COVID-19 test, and ASI undertakes to secure an FDA emergency use authorization (EUA)" Whoop Dee Doo says we. Nada numbers and this 'means' nada thing. Avoid.
A body NEVER goes anywhere near a complete nuclear explosion wipe-out after the fact, and this pure junk is the poster child for that un.
ONLY on the CSE does a NR cause a massive instant wipeout you say? Very likely because everything on the CSE is total radioactive chit. Here we go, again ...

"Sona Nanotech Inc. withdrew its application for an interim order authorization from Health Canada for the marketing of its rapid COVID-19 antigen test in order to obtain more clinical data to augment its submission." HERE
First stop is insider trades and HO LEE Chit Mr. Whittaker, Daniel Davies timing is both remarkable and mountainous.

Tuesday, September 14, 2021

Beach House at Saratoga General Partner Inc. - Ralph van der Walle

Adria Cowan's family moved into their dream house near Miracle Beach on Vancouver Island in 2018. The dream became a nightmare. The area's summer mosquito problem has reached the point where they can't step outside. The Black Creek salt marsh near Miracle Beach is prime habitat for breeding mosquitoes. Experts say the huge increase is due to increased building development disrupting mosquito habitats, and climate change.

The plan is 29 units and 1 'caretaker unit'.
One of the concerns of the 'Beach House at Saratoga' is the 30 units are drawing water from Black Creek watershed. In order to mitigate draw, above ground cisterns are proposed. The area doesn't have the infrastructure for high density development. The boys tried for 36 units and were foiled. Sewage is septic drainage.
Latest is the revelation that the group's GC (General Contractor) isn't. Island West Coast Developments Ltd., a well established and respected builder, was shown on the development permit. They have indicated they have nothing to do with 'Beach House at Saratoga'. Without a general contractor in place these retards are whistling out their fraudulent assholes.

Lot 1, District Lot 221, Comox District, Plan VIP76726, PID 025-897-977 (9022 Clarkson Avenue)
The approved development application for 9022 Clarkson Ave. HERE

The development permit tells us the project needs to be "substantially started" before March 30th 2022, 6 months hence. These terds require a $10m+ builder's loan NOW. The claim to be 'sold out' is for the benefit of this lender, and that cash needs to appear. UNLESS construction is "substantially started" the development permit will expire, voiding the contracts, and these dudes will need to start over.

Condos are 10 to 15 feet above ground.
At a minimum, hundreds of steel piles need to be driven to an unknown depth, taking months.
A condo assignment is where the vendor is selling their interest in the contract with the builder. They aren’t selling the actual condo; they are selling their promise to purchase the property. This is where 'Beach House at Saratoga' is today. This project need never be built for some to make money.
Saratoga land was purchased from 1069585 B.C. Ltd. for $1.5m with $440k going to purchase shares in 1069585 B.C. ltd. (Ralph van der Walle). There is a $840k mortgage carried at 6 points above prime. 9022 Clarkson Ave. is zoned Tourist Commercial One. (TC-1) Owners may live in their condo no more than 6 months in a year.

Shell was incorporated on August 17, 2017.
While claiming condos are sold out @$700 per sq foot, these assholes listed two of their unsold units on MLS for plenty more than that. MLS® 881336 for unit 28 at $759k ($761 sq ft) and MLS® 881337 for unit 23 at $869k. ($816 sq ft) These listings have been pulled, after exposure.
Dudes are STILL telling the public their project is 'Sold Out'. We say not likely.
Capitalists require something around $10m+ to break ground. (or start driving piles) These boys very surely don't have that. One would imagine builder financing for fly by nighters who have never built anything in their iffin lives will be a problem.
The Beach House at Saratoga. - August 4. "We are excited to announce that The Beach House is now Sold Out. We welcome our new owners and can’t wait to build something amazing together! Stay tuned for construction updates and The Beach House Resort updates. Giving you an opportunity to be one of the first to book your vacations here in 2023. Thanks everyone and we’ll be seeing you at the Beach!"
Saratoga Oceanfront Ltd. was incorporated in Alberta in 2014. It was sued in 2016 for $762,384 by Liberty Investments Limited. 0907144 B.C. sued for $151k. Saratoga Oceanfront Ltd. was dissolved in 2017.
"Can. Corp. is involved as part of the General Partnership Group developing the project."

Mike Fowler -

Warren Stevenson -
How does a wood frame, 1000 sq foot, 2 bedroom strata condo built on piles in a windy flood plain in Northern Vancouver Island for $700k to appear (maybe) in 2023 sound? It doesn't matter because they are sold out. We pointed out to the promoter that claiming '95% sold' was impossible because that would be 28.5 units, and this is strata making half units impossible. The next day they claimed 100% sold.

9022 Clarkson Ave, Black Creek, B.C.

" Over 50% sold!"
Facebook May 5, 2021.

"Over 50% sold in ten days." Facebook on June 3.

"Only 10 luxury beach homes left! Priced from $729,000."
Facebook on June 10, 2021.
These dopes are NOT connected with the established Cancorp Property Group in Calgary. Choosing a corporate name extremely close to known players is a common strategy of scammers.
One of their projects is "Multi-family Lands (Salmon Arms BC)" One assumes that ought to be Salmon Arm, B.C. Pfffft.

Photos are stock and appear hundreds of times on the internet. These cowboys did NOT build the projects displayed in their promotional materials.

This photo has nothing to do with "Cancorp".
It's clear these confidence men a) have never built a damn thing, and b) have no problem pretending otherwise.

The photo used for "The Summit (View Royal Victoria BC)" is "Coho Living" and that project was built by Omicron.
Corporate 'Head Office' is #128 - 6033 London Rd Richmond, BC. There is no historical record of any business ever being there. No business license applications, no unit sales, and that location hasn't been offered for rent. Unit numbers don't seem to go that high. The highest shown in searches is #118.
Mr. Mike Fowler - "I grew CCC to a four office firm of over 100 employees"
Mr. Mike Fowler is 1/3 of Western Canada Monthly Income Fund.
There were paid touts in newspapers. The principals were not disclosed.
May 27, 2021 -
July 9, 2021 -

'The developer' is trying to unload contracts on these imaginary 'sold out' units right now ...

#28 9022 Clarkson Ave
MLS® 881336
(MLS was removed 8/24/21) $869,000 - MLS® 881337 (removed) #23, 9022 Clarkson Ave, Black Creek.
MLS 881398 Unit #6, 9022 Clarkson Ave. $859,000 - $807 per sq ft
"Why are u dragging my name thru mud.. Im not flipping anything.. im listing a unit in here on behalf of the developer Viet"
Stonehaus Realty Corp. 103 - 20353 64 Avenue. Langley, British Columbia V2Y1N5
Our gatekeeper liartard is one Michael L. Warsh of Nanamio. 
Real Estate Compliance & Market Conduct
BC Financial Services Authority
Tel: 604-660-3555 | Dir: (778) 725-0738

600-750 West Pender Street Vancouver, B.C. | V6C 2T8

Monday, September 13, 2021

BitConnect - $2 billion Crypto ‘textbook Ponzi scheme’

Los Angeles man Glenn Arcaro, 44, pleaded guilty in a “textbook Ponzi scheme” that defrauded cryptocurrency investors worldwide of more than $2 billion. Arcaro pleaded guilty in U.S. District Court to conspiracy to commit wire fraud, and admitted earning “no less than $24 million from the BitConnect fraud conspiracy.” Arcaro and his co-conspirators claimed that BitConnect used a proprietary technology that generated huge profits by using investors’ money to trade on the volatility of cryptocurrency exchange markets. A “trading bot and volatility software” was the answer.

Glenn Arcaro
Guaranteed to earn investors up to 40% total return per month, BitConnect followed a tiered investment system based on the sum of initial deposit – the more cash you put down, the bigger and faster profits you could rake in. The prospect of salting $1,000 away into your BitConnect investment account in order to get you more than $50m within three years didn't seem to bother anybody.
BitConnect operated a textbook Ponzi scheme by paying earlier BitConnect investors with money from later investors.
The Bitconnect Coin was among the world's top 20 most successful cryptocurrency tokens until its price collapsed. BCC rose from a post ICO price of $0.17 to an all-time high of US$463 in December 2017. The last reported BCC price is $0.011