Wednesday, August 16, 2017 11:13:56 PM
guess what else - it was Magna that drew in the hand of Bobby Farrell, and then called an audit on him and the company when well over $1-Mil. turned up missing, and they tagged Bobby with $800k of it - which he had to claim as his
these are the peeps who you are claiming to have a "healthy relationship" with Gerald - or other young biopharma start-up's.
Really ??? Well take a long gander at this:
https://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing
these guys are henchmen in suits - and in the business to make money at the risk of inciting the ire of the FBI and SEC
and its 'ALWAYS' at the expense of the 'unsuspecting shareholders' who get fleeced & decimated in the end - and wind up holding the empty bag
all as a direct result of the wayward and callus financial decisions made by the company's CEO, CFO, etc. to save their own arses 1st - while their rat infested ship sinks around them
you think Gerald signed those floorless convertibles with Jeff Fessler because he was a nice guy ???
think again - Gerald did for financial reasons that would protect himself and his family 1st & foremost - all at the expense of "selling out" his shareholders
you don't think there were financial incentives on the SRFF table to sign on the dotted line - knowing full well Gerald was willfully driving the company into a head-on collision and into inevitable BK - or worse?
Gerald knew full well what he was doing - and he did if anyway - all for the sake of money - and because of his own personal greed
Gerald left his shareholders and their families for dead - eviscerated their life saving and hard earned investment dollars - is what he did
and peeps continue to defend him - in order to try and break even on their own "averaged down" catastrophic losses
I get it - and I sympathize with AMBS's walking wounded - and their reasoning to try and make of some of their losses back
but don't use this as an excuse to paint a rosy picture that Magna's intent is to foster "healthy relationships" with their cash starved penny stock clientele who are desperate, and can't obtain financing anywhere else - and who loose their shirts & their companies 98% of the time to the blood sucking scum 'death spiral' financiers like Josh Sason & Magna
Gerald went "dirty" long ago - he had the opportunity to sign clean financing time after time - but he kept going the wrong way down a 1-way road - and as a result, he lost his company to the financial whores who he was sleeping with - and took his shareholders to their financial graves - all the while saving himself - and himself alone
sad but true...
IN JOSH WE TRUST
AJMHO
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