Peaceful Demonstration against The Abuse of Power by The Securities Commissions in Canada

Who:

The Canada Himalaya Club Media Inc. is a start-up registered in Alberta with businesses including business partnership, commercial investment and our registered telecommunication business.

We are upstanding, law-abiding residents and conservative businesspersons.

What & When:

We want to invite you to a truly unique Canadian event. Indeed, the cause of this protest is so unique that it completely reversed our perception of the Canadian government. Where is justice and rule of law when we need it most?

From Tuesday, August 25 to Thursday, August 27, we are going to demonstrate peacefully in front of the Securities Commission (SC) in Toronto (20 Queen Street West), Vancouver (701 W Georgia St) and Calgary (250-5 St, SW), respectively, starting at 9:30 AM local time.

What Happened?

Three weeks ago, we borrowed money from our registered members under legal contract in the form of individual loan agreements for a fixed term and a fixed interest.

They voluntarily participated in our business because of our good reputation in the community, shared ideology and values.

This has caused our account balance to surge to over US$15 million in just a few days. The organization did not sell or attempt to sell any kind of “shares” or “securities” to our members. This is simply a loan agreement.

Now the SC has certainly misinterpreted our loan agreement and twisted the truth so they could allege that we are selling shares – which we are not.

The allegations, which have not been substantiated to us by any means, bear no resemblance to the truth and one has to wonder what the real intention is behind this move.

Instead of correcting this glaring error, made in British Columbia., the Commissions in Alberta is simply riding along in quiet agreement, which to us represents an abuse of power, because this effectively puts our accounts “under review” in banks where we have been demanding an explicit and reasonable answer for nearly a month.

These unwarranted actions by the SC have been blocking our funds over a long period of time. Canada Himalaya will not stand by idly and allow their dragging of feet to tarnish our reputation and make us miss opportunities. Their actions have consumed a lot of our resources needlessly, for which we hold them responsible.

Canada Himalaya has not sold any shares. The charges against us have been conjured out of thin air.

Our Demands:

The SC to retract and remove any and all measures and false accusations against us, to remove any unnecessary sanctions on our accounts, and allow CIBC to continue to operate our account under normal conditions.

With approval of the SC and CIBC, the company can return the money to the hundreds of individual lenders immediately, should they ask for a refund. Here, we share the same goal of protecting the investors with the SC, as that is one of their core principles.

The SC to show us the proof or evidence that they have used to accuse us for selling shares or bonds to our members, which, again, is definitely not the case.

The SC to be open and transparent with all of our lawfully registered members, hard-working and local taxpayers. The SC must present their reasoning and factual basis of the false reporting as well as individuals and/or parties who performed such reporting against us.

Media Relations, Canada Himalaya Club

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7 months ago

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7 months ago

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