Monday, May 4, 2009

Is there a CEP News / ProTrade connection?

Shortly after CEP News was shuttered, a secret fax was sent from the lobby of the Queen Elizabeth hotel in Montreal, saying that the answer to all the questions lay with ProTrade Finance whose Toronto address was the same executive office rental set-up that CEP had used.

ProTrade Finance (ProTrade.ca) did indeed have a shady website, which has since been taken down, but then that's not that unusual for businesses with a 100 King St. West address. Alas, ProTrade's web clean-up was not as thorough as CEP News' so they left up their protrade.finance.ca site and are still visible in the Wayback Machine, Google's cache and CIRA:

Along with Marc Wade, who is/was president and/or CEO, another contact address is given at CIRA for Todd Gauer or toddg@baystreetcap.com. Todd is the prez of Bay Street Cap, but you wouldn't know that from the website, which, in CEPesque fashion, doesn't give any of the names of the people behind the company. Some creative googling also brought up the name of Andrew Libera as managing director of ProTrade and a director of Kingsmill Capital Ventures. Interestingly enough, Marc Wade also has a Kingsmill connection, completing the slippery circle.

Just one problem, though, and that is none of these guys have any (visible) ties to CEP News or Marco Gomez or Darren Corbett -- or at least none that I could find. Maybe you can...

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