socius and their modus operandi, page-12

Fringe Financiers - The Process


Offer Funding via a Convertible Note Issue with variable (obscure) conversion terms.


Financier provides a Nominal Headline figure of say $5 million

Company draws down $1.5 million

Company issues stock at predetermined discount price to the market price.


Financier sells stock immediately on market in conjunction with broker reports and substantial upside rumours and forum rampers.

And so the cycle continues.

In effect the company is selling its own stock into the market.

CCC has now done this 3 times that I know of.

Socius, Bergan and now Baycrest.

Notice the massive spikes in volume when the Convertible Note facilities have been announced.