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Re: Habitant99 post# 101

Thursday, 04/17/2014 11:47:16 PM

Thursday, April 17, 2014 11:47:16 PM

Post# of 145
lemme see... as a 1/3 owner of the shell, i'd say magna is going to dump their 25M shares at break-even, shortly before news starts hitting, because they are allergic to making yooge gains.

The 25,000,000 shares of Common Stock owned directly by Magna were acquired by Magna pursuant to the conversion of a Convertible Promissory Note that was assigned to Magna. According to the agreement, Magna may, at any time, convert to a maximum conversion right at any one time to 9.99% of the then outstanding shares of common stock of the Company.


Pennyland... ain't it grand..?

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