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Thursday, March 12, 2015 2:03:32 PM
http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing
Pretty amazing story. This is the guy behind Magna and "what they do" and how they do it.
Remember, Bioheart just inked a $205K/$305K "note" with this guy and his penny lending firm Magna and then BHRT also filed a recent share registration statement with the SEC to also use a $3 million "line of credit" product that this Sason guy and his firm "Magna" invented/created- and from what I've read via some simple Google research, it's a notorious share price crusher to penny stocks that make use of it. (everything about Bioheart's recent "financing" deals making use of the guy "Sason" and his company "Magna" is all in BHRT's most recent SEC filings and also some PR's)
Fascinating IMO.
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