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Re: liable post# 37204

Tuesday, 10/06/2015 1:59:37 PM

Tuesday, October 06, 2015 1:59:37 PM

Post# of 60699
As discussed previously all Asher and Magna toxic debt taken out by the previous CEO in 2012/2013 is off the books. There was $300k of old convertible debt that was due vendors for services rendered that never got converted that was recently reclassified. No toxic debt on the books curently - and there never will be again frown is my guess based on the new CEO communications :

I will say that I get contacted regularly by CB groups looking for aged debt, new issuances etc. and I am completely close-minded to that option. Rest assured that there will not be any repeats of the Magna/Asher situation which frankly speaking, was a huge disaster.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111189221


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