Tuesday, August 25, 2026

Kadestone Capital revisited

Kadestone Capital (TSXV: KDSX) is a poster boy for Denciti. They are listed on the Denciti corporate website as a partner. They have a deal with a familiar name, Colin Basran's former mansion landlord David Negrin.
In addition to his sex charges, Basran was fingered for living in one of Negrin's waterfront mansions rent free.
"September 2, 2025 - Kadestone Capital Corp. (TSXV: KDSX) is pleased to announce that it has entered into a purchase agreement with Attollo Management Inc. (info@attollomanagement.ca), a private development firm led by renowned real estate executive David Negrin. Pursuant to the terms of the Purchase Agreement, Kadestone will acquire a subsidiary of Attollo that will own certain rights and interests in select real estate development projects for total consideration of C$12 million, to be satisfied by the issuance of 12,000,000 common shares of Kadestone at a price of C$1.00 per Consideration Share which will be subject to an escrow agreement and a time-based release schedule.

As part of the Acquisition, David Negrin will continue to ensure the transfer of all agreed upon assets and projects in Attollo ... "https://www.stockwatch.com/News/Item/Z-C!KDSX-3727747/C/KDSX

Kelowna Springs was always a pet project of Colin Basran and his Khalistani. The reason is obvious. Accomplish a zoning change to industrial from recreational and the land is worth many times more.
Brent Billey (bBilley@kadestone.com) is the founder of Kadestone Capital Corp. Kevin Hoffman is Chief Development Officer with David Negus (dnegus@kadestone.com) the Chief Financial Officer.

Other parners of Denciti are Nicola Wealth Management Ltd. and Northland Properties. The tag-team of Nicola Wealth Management Ltd. and Northland Properties is big. How big? Nicola Wealth manages something past $17 billion in assets. The Nicola Wealth Kelowna office is located at Suite 910, 1631 Dickson Avenue. What would the boys there 'do' every day? They would likely be looking for uber high net worth individuals to give them money to invest in real estate projects and/or joint venture in Kelowna and elsewhere.
Is it possible David Negrin is selling some interest in the Kelowna Springs project? Hell yup.
If anybody would know about the machinations over Kelowna Springs it would be Nicola veteran Brent Thomson. He's been around through the whole thing. Our guy is a local and has been working for Nicola Wealth since 1997. (bthomson@nicolawealth.com)
John Nicola founded Nicola Wealth Management Ltd. in 1994 and is the current founder, Chairman, Chief Executive Officer, and Chief Investment Officer. His son Chris Nicola is being groomed to replace him.
yarchambault@nicolawealth.com, jnicola@nicolawealth.com

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