Canadian Stocks/Cyberpeed Inc
Over the years I have been contacted by a agent representing Cyberspeed Inc. offering shares and promising they would increase in value. Price started at about $1.00 and over the years the price kept dropping and always asked for more money and there was a good future in the co. They always wanted large sums of money. They were very convincing I was not too experienced at trading at that time and would trust that they would appreciate in value. Since then, I haven't heard much from them and was wondering if these treasury shares I have, have any real value. Address of co. in 2008 was 133 Richmond t. W, Suite 605, Toronto, On, M%H 2L3 and toll free number was
Scott, I don't know the company and I cannot find any reference to their existence, but what you describe is almost certainly a fraud. Lots of red flags in that scenario. You need to contact the Ontario Securities Commission immediately.
Hopefully they can provide you with some assistance and guidance.