It offered the investor a 15 per cent guaranteed rate of return. The investor took out the mortgage on the home and Epic took responsibility for everything from finding tenants to maintaining the property. The company's promotional material suggested a 10 per cent return on a one-year investment.įinally, the "Hassle Free Landlord Program" had investors - most from out of province - buying homes acquired by Epic through the Fund-a-Flip program. The "Fund-A-Flip" program had investors buying homes through Epic, doing improvements and upgrades, and then selling for a profit. There's no specific purpose given for those funds when they're loaned," said lawyer Mike Russell. "You have a pool of unsecured funds that can be used for whatever. The stated rates of return varied from 15 to 20 per cent. They featured the loan amount, when the term began and ended, and the interest rate. The single-page notes, of which multiple examples were provided in affidavits, were extremely simple. The company built up a pool of capital by enticing people to give Epic $50,000 to $500,000 in exchange for a promissory note. LaFlamme and Thompson created and ran three main ventures: a loan program based on promissory notes, a "Fund-A-Flip" program and a "Hassle Free Landlord Program." Over the years after its founding, Epic Alliance evolved into a web of named and numbered companies, including Epic Alliance Real Estate, Epic Alliance Electrical, Epic Accounting and Bookkeeping, and Epic Holdings. It's further alleged that they continued to raised money after the province ordered them to stop. "Due to incomplete books and records prior to 2019, the Inspector has been unable to reach conclusions regarding the use of Investor funds for that period of time."Ī dozen investors allege that LaFlamme and Thompson sold securities when they were not licensed to do so and pitched investments without a prospectus. "Based on the unaudited books and records of EA Group, total funds raised from Investors amounted to approximately $211.9 million," wrote Peter Chisholm from Ernst and Young in a 58-page report. 19, 2022, when they told 121 investors in a video meeting that there was no money left.Ī court-appointed investigator looking into the Epic Alliance group of companies said the public may never fully know what happened to the hundreds of millions raised by the failed real estate venture. LaFlamme and Thompson created Epic Alliance in August 2013 and ran it until Jan. "If the panel finds that there were at least one, or multiple, or however many violations of various securities laws, the next step in the proceedings would be to have a sanctions hearing," FCAA lawyer Connor Smith said in an interview. 28, to consider the allegations raised by a dozen investors. The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) will hold 14 days of hearings, scheduled to begin on Aug. Investors who lost hundreds of millions collectively when Epic Alliance Real Estate collapsed in January 2022 want the province to fine the company's founders Rochelle LaFlamme and Alisa Thompson and ban the pair from ever trading securities again. In Book 1, he tries to keep his secret identity under wraps while thwarting the evil plans of crooks, robots, and a rodent nemesis.Rochelle Laflamme, left, and Alisa Thompson speak to investors on Jan. But when trouble arises, Claude dons his mask and springs into action as Cat Ninja-Metro City's secret protector! In Book 1 of the series, follow our feline hero’s early exploits as he tries to keep his secret identity under wraps while thwarting the evil plans of slimy crooks, rampaging robots, and a certain rodent nemesis who lives under the same roof!Ĭat Ninja is a hilarious graphic novel series about a lovable cat with a heroic alter-ego, Claude. Raised from a kitten by a kindly old ninja master, Claude now spends his days as the pampered house cat of an eleven-year-old boy. But he is evil's greatest enemy, and the silent master of Kat Fu and carpet scratching! From Epic! Originals, Cat Ninja is a hilarious graphic novel series about a lovable cat with a heroic alter-ego. ![]() But Cat Ninja helped him overcome his pain by being his loyal pet and that he was pampered under Leon.īeware, villains! Cat Ninja may appear to be nothing more than a silly internet meme. They can build their own collections, rate what they've read, and then report back to the teacher offline with a summary or a reflection on what they learned or liked about the book. Students can read books that interest them during silent reading or free choice time. Thus, it went to Leon Kwon, who was crying because his parents were starting to get divorced. Use Epic - Kids' Books and Videos as you would use a library. "When I took you in, you were just a kitten." You needed me I raised you like a son. This young kitten is known to be Cat Ninja. ![]() Years ago, a young abandoned kitten walked through the mean streets of Metro City, but was luckily found by a kind old master.
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