Due Diligence

Written by William Cate


Due Diligence By William Cate Published December 1999 [http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]

Before you pay anyone a retainer, investigate. Swindlers are attracted to money. The essence of equity finance is money. There's no shortage of crooks involved inrepparttar Stock Market.

Relying upon business references is a mistake. Honest business people refer you to associates that they know will give them a good reference. The crooks use a business reference service, run by swindlers. The crook's references appear to be key people in major industries. The referral's recommendations are always glowing. It's a business scam that can cost you money.

Start your "Due Diligence" research onrepparttar 112487 Net. Visit Netcheck at: http://www.netcheck.com andrepparttar 112488 Better Business Bureau at: http://www.bbbonline.org/consumers/safesurfing.html

Here are two websites that cover stock fraud. http://www.endfraud.com/ http://www.financialweb.com/stockdetective/

You can userepparttar 112489 Net to do a credit check on most people inrepparttar 112490 United States and Canada. While most entrepreneurs have bad credit histories, professionals should not be onrepparttar 112491 verge of bankruptcy.

Ifrepparttar 112492 professional is an attorney or accountant, check withrepparttar 112493 State or Province to ensure that their license is current. Ask if there have been consumer complaints against them.

The New Western Canadian Stock Exchange

Written by William Cate


The New Western Canadian Stock Exchange By William Cate Published May 1998 [http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]

Can three centers of stock fraud merge and create a reputable Stock Exchange? The Canadians say "yes." "Forbes" won't haverepparttar Vancouver Stock Exchange (VSE) to kick around any more. In 1989, "Forbes" calledrepparttar 112486 VSE "The Scam Capital ofrepparttar 112487 World." The name stuck. The VSE's reputation has made it impossible to sell VSE stocks anywhere inrepparttar 112488 World. Yet,repparttar 112489 VSE isrepparttar 112490 cornerstone ofrepparttar 112491 New Western Exchange.

The Alberta Stock Exchange (ASE) gave investors Bre-X,repparttar 112492 biggest mining stock fraud in history. The ASE spearheadedrepparttar 112493 creation ofrepparttar 112494 New Western Exchange.

The Canadian Dealers Network (CDN) isrepparttar 112495 third stooge joiningrepparttar 112496 New Western Stock Exchange. The CDN isrepparttar 112497 Ontario Securities Commission's OTC cesspool.

The Toronto Stock Exchange (TSE) has 88% ofrepparttar 112498 dollar value of shares traded in Canada. Recent regulatory changes movedrepparttar 112499 TSE away from listing resource stocks. The New Western Canadian Stock Exchange is betting that they will getrepparttar 112500 TSE speculators interested in resource stocks. To this end,repparttar 112501 VSE is doing "Dog & Pony" Shows in Europe. They hope to recruitrepparttar 112502 faithful gold bugs back into their fold.

The Montreal Stock Exchange (MSE) has 10% ofrepparttar 112503 dollar value of shares traded in Canada. A Decade ago, they were in competition withrepparttar 112504 TSE as Canada's leading Stock Exchange. Inrepparttar 112505 past Decade,repparttar 112506 quality of their listings has made them more of a competitor torepparttar 112507 scam ridden VSE. I suspect they'll eventually buryrepparttar 112508 Western Exchange.

Here are some ofrepparttar 112509 current obstacles thatrepparttar 112510 New Western Canadian Stock Exchange must overcome. 1. They have 2% ofrepparttar 112511 dollar value of shares traded in Canada. This isn't adequate to supportrepparttar 112512 bureaucrats runningrepparttar 112513 system. 2. Vancouver and Alberta are battling to berepparttar 112514 physical location ofrepparttar 112515 new stock exchange. Givenrepparttar 112516 importance of "white collar" jobs in Canada,repparttar 112517 loser isn't going to be happy. The proposal to spreadrepparttar 112518 jobs into several cities won't work. Keep in mind thatrepparttar 112519 New Western Exchange will

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use