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Post# of 77519
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stockmasterflash

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stockmasterflash

Re: None

Thursday, 05/21/2015 5:42:23 AM

Thursday, May 21, 2015 5:42:23 AM

Post# of 77519
Be careful of Lorsch selling off his old debt

One of my old scams made frequent use of "Wraparound agreements" where the CEO would take his salary in debt and then turn around and sell that debt to a third party investor who would then receive restricted stock from the company to pay off the debt.

But the stock restriction has the same "age" as the debt. Meaning if the debt is more than 1 year old, he will get an attorney letter to make the stock free trading.

Watch Lorsch's old debt from MMRF and look for signs he is selling it to 3rd party investors like the Australian Talent agent. This has every indication they are cashing out old unsecured debt prior to the bankruptcy

IGNT and it's fraudulent wraparound agreement

https://www.sec.gov/litigation/complaints/2012/comp-pr2012-80.pdf

#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,

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