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CLARIFICATION STATEMENT ON SUSPECTED FRAUD


It has come to our notice that there have been incidents of fraud pertaining to the misrepresentation of our corporate identity. Names of Pytheas’ company executives have also been fraudulently misrepresented...


Montreal, the largest city in the province of Quebec, is the second largest city in Canada; consistently rated as one of the world’s most livable places, historically the commercial capital of Canada and a named hub city. Canada is one of the world's most highly developed countries, with a diversified economy that is reliant upon its abundant natural resources and upon trade and with one of the highest standards of living in the world.

Committed to our vision, “to be our client’s first choice and partner” while retaining a client focus in everything we do, we are convinced that Canada provides the right environment to demonstrate the essence of what Pytheas believes in – to provide market-driven, customer-focused innovations and services that deliver total solutions and peace of mind to our valued clients.

Moreover, having a presence in Montreal allows Pytheas to reinforce its "all-around relationship" with Canadian based clients’ calls for strategic, long-term relationships. Combining the best of investment banking with solid understanding of risk management enables the Organization to offer truly individualized wealth management and capital raising solutions synthesizing industry knowledge, product proficiency and truly global expertise.

Complimented by a veteran investment banking team the Montreal office will act as an integrated and collaborative member of the Pytheas companies providing existing and potential client’s global reach and capability with in-depth local knowledge.

The new Montreal corporate offices are expected to be fully operational by 1 November 2011.

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Did you know?

that recycling 1 ton of paper saves 17 mature trees, 7,000 gallons of water, 3 cubic yards of landfill space, 2 barrels of oil, and 4000 kilowatt hours of electricity; this is enough energy to power the average North American home for 5 months?

that Pytheas has presence in 41 countries?

that Pytheas through its Soil Water + Life Solutions is probably the only entity world wide that can provide a-no-chimney-no-landfill-solution for the treatment of municipal solid and liquid waste?

that recycling steel saves 75% of the energy that would be used to create steel from raw materials, enough to power 18 million homes?

that annually, the amount of garbage that is dumped in the world’s oceans is three times the weight of fish that is caught from the oceans?

that Confucius about 2,500 years ago argued that the government should not compete for profit with the people, as it would only result to the exploitation of the population?

that every year, Americans buy more than 100 million cell phones, yet fewer than 20% of old cell phones are recycled and that recycling just a million cell phones reduces greenhouse gas emissions equal to removing 1,368 cars off the road for a full year?

that Pytheas the ancient Greek explorer, mathematician, astronomer and navigator must have travelled to the American continent at the time of Alexander the Great?

that of all the restaurants that are opened, 90% of them fail in the first year and of the remaining ones that survive, 90% of those fail in the second year?

that the Boeotian Hesiod about 3000 years ago theorized on the entrepreneurship typical of the market (an early laissez-faire), identifying the effects of government debasement of the coinage, which causes a decrease in its purchasing power (think Adam Smith, Keynes and post Keynes), arguing about the importance of competition and the importance of justice and the law in order to foster order and harmony in society?

Contact a Pytheas professional