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Tuesday, June 16, 2015 1:57:07 PM
I don't see money laundering here. I see a CEO who has taken numerous loans at very high interest rates from Geniuses
http://magnainvests.com/team/joshua-sason/
who specialize at converting the loans into shares they can get at a 30% plus discount and then dump onto investors who have been sold a Bill Of Goods like:
Magna has not been converting (while they were)
Debt Free by April, then May, then June, (now never IMO)
Keeping us stringing on......buying more and more and more
Then raising the Authorized Shares to 8 billion to start to do it all over again IMO. But now that we have touched .0005, where do your think the conversion rate will be? .0003? Do the math on what debt you think is left or what is possibly already taken out that we don't know about (yes, speculating) and tell me how many shares it will take to clear another million in loans?
Money Laundering? No, perfectly legal to lie to investors.
Time will tell.......
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