Contrary to the BC Securities Commission and its constant insistence that we were a danger to the public and failed to turn our minds to the law, this conversation between investigator William Ting and our Lawyer Theresa Tomchuck of Farris Law. We hired Farris to ensure compliance, we approached the BC Securities Commission in order to ensure that we could legally give all the old shareholders of Spyru shares in a new company - U-GO Brands and save their investments.
U-Go Brands had a viable operation with product in a few hundred stores on the West Coast and 30,000 in US and Canada placing orders.
We informed BCSC officials at the outset that we were aware some of the Spyru money raised would have contravened the Act and would pay any penalty involved including stepping down in order to ensure the continuance of U-GO Brands and the preservation of the shareholders capital.
In the following email Mr. Ting begins what is a procedure of entrapment, Mr. Ting shows he is aware of our intentions to protect the U-GO Brands.. he lets things proceed..