News Release

Vancouver – A B.C.-based company that offers fractional investments in real estate has paid $100,000 to the BC Securities Commission (BCSC) for engaging in the business of trading securities without being registered.

Addy Technology Corp. (addy), which is incorporated in B.C., enabled customers to invest in properties and developments in amounts as low as $1 by purchasing shares or limited partnership units in various issuers.

Between 2018 and 2025, addy traded in approximately $26 million of securities of various issuers, with the average amount invested being $700 per investor. Addy charged investor membership fees for early access to certain properties and additional features on its platform, and charged software licensing fees to issuers and exempt market dealers (EMDs) for their use of its platform.

Addy triggered the requirement to register by soliciting investments in the issuers through its online platform, emails and social media, by intermediating trades in the issuers’ securities and by receiving compensation in the form of fees for use of its online platform.

Addy sought to rely on exemptions to registration requirements:

• The “crowdfunding” exemption, which was not applicable because some of the issuers had principals in common with addy, and
• Using registered EMDs to facilitate trades, which was not applicable because addy continued to solicit prospective purchasers, contrary to the national rules regarding the use of such dealers.

Addy, which has no prior history of securities regulatory misconduct, voluntarily provided information to BCSC investigators and made admissions to them, thus avoiding a Notice of Hearing. The company has applied for registration as a dealer.

About the BC Securities Commission (www.bcsc.bc.ca)

The BC Securities Commission, an independent provincial government agency, strives to make the investment market benefit the public. We set rules, monitor compliance by industry, take action against misconduct, and provide guidance to investors and industry. As guardians of B.C.’s investment market, we’re committed to maintaining a market that is honest, fair, competitive and dynamic, enabling British Columbians to thrive.

Media Contact:
Elise Palmer
604-899-6830

Public inquiries:
604-899-6854 or 1-800-373-6393 (toll free)
inquiries@bcsc.bc.ca

Learn how to protect yourself and become a more informed investor at www.investright.org