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vestors in cheap stocks. However, the fact remains that they have as yet to five the name of a single Virginian who cashed in on any sach opportunity. Aa a matter of fact, there are no instances what* soever in the flies of the State Corporation Commission where any Virginian ever made money by investing in Qenadian mail order securities. They have all been a total loss," says King.
State Corporation' Com* mission wants to impress upon the citizens of Virginia that Canadian stock broken are not licensed to sell stocks in this state and that they all operate unlawfully when they do so. The Commission strongly warns against investing a single dollar in Canadian mail order securities. It is well to remember that if the stocks were one-tenth as valuable as advertised they would never be offered to people in Virginia. They would be kept in Canada for investment by their^own citizens. Why should Canadian broken want to make Virginia citizens wealthy when they could save that wealth for themselves? ' “It is better to be safe than to be sorry, and once your money Is gone it is impossible to get it back. There are many reliablebroken and dealers in Virginia and once again the investing public is warned not to invest its money, no matter how little, until you have consulted a licensed'' dealer ot banker."
All who receive Canadian cir— culars are urged to send them to William C. iKng, director, Securities Division, State Corporation' Commission, Richmond.
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