Peter Pocklington Scammed by a U.S. Company
The Former Edmonton Oilers owner Peter Pocklington says he was scammed by a U.S. Las Vegas company that invited him to become its director, and then announced that Pocklington had accepted the job when he hadn’t.
“I really don’t want to be any part of it,” he said Saturday of the Las Vegas Company Le Bon Table Brand Foods. “They jumped the gun.
“I’m sure that, using my name, they hoped the stock price would jump up and apparently it did,” he said. “I was a bit scammed so I’m pretty upset about it.”
Le Bon Table Brand Foods sent out a news release Thursday morning titled Le Bon Table Scores ‘Puck’, using Pocklington’s Canadian nickname. The food and beverage products company said it had made the decision to name Pocklington director and chairman of the board in a late-night, emergency meeting of its shareholders. The release circulated on Business Wire, a major U.S. corporate news wire.
By Friday, the company’s penny stocks had jumped 150 per cent, from a half to three-quarters of a cent. The stock is listed on the Pink Sheets, an over-the-counter market in the United States that has few regulations.
According to the company’s website, it develops “affordable” gourmet food products, bottled water and food transport containers.
Pocklington owned the Oilers during the heady days of the 1980s, and was vilified by fans when he traded Wayne Gretzky in 1988. He sold the Oilers in 1998 and left town soon after.
Although Pocklington says he was scammed by the Las Vegas Company, he also has his own legal troubles. He was accused of bankruptcy fraud and arrested March 11, 2009, at his home in Palm Desert, Calif.
Currently, Pocklington is out on bail. His trial is scheduled for June 29 on two counts of hiding assets from a U.S. bankruptcy court.
Pocklington said Le Bon Brand Foods offered him the position of director and chairman about a week ago. He visited the Las Vegas Company’s headquarters on Wednesday, but left Thursday after deciding he did not want to be involved.
“It’s just not what I was told it was,” he told The Journal Saturday. “The people involved, I just really don’t want to be part of anything they are doing.”
Pocklington said he didn’t hear again from company representatives, and only found out about the company’s announcement when a friend from Edmonton called to say he’d heard about Pocklington’s new position in media reports.
Tom Mills, who says he is a former company president, confirmed he met with Pocklington while the ex-Edmontonian was doing due diligence checking out the company Wednesday in Las Vegas. Mills was there in an advisory role.
“I’m absolutely shocked that (Pocklington) did not accept the position,” Mills said Saturday.
Mills had no idea how the miscommunication could have happened. “I find that odd.”
Homer Lee Thomas, the Las Vegas chef who created the company, could not be reached for comment Saturday.
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