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Wednesday, April 06, 2016 11:41:01 AM
- GUESS WHO YIPI 1ST WITNESS WILL BE......Yossef Kahlon
- Kahlon said he showed Sason how to trade like him in penny stocks and then cut off contact so that no one could accuse them of conspiring. - There are laws against doing this, but Kahlon thought he spotted an exception in Texas. He incorporated his company there, while operating from New York.
- Texas corporate records show Sason incorporated Magna Group in the state in 2010, using the same mail drop as Kahlon.
- In the summer of 2012, the SEC filed separate lawsuits against Kahlon and another penny-stock financier, saying their clever Texas loophole in fact wasn’t.
The SEC said Kahlon made $7.7 million buying penny stocks at deep discounts and dumping them on the public. Kahlon says he did nothing wrong; the case is still pending.
PLEASE LET SASON GET UP AND TELL THE JUDGE THAT MAIL DROP IS A COINCIDENCE. HAVE YIPI LAWYER PRESENT THE DETAILS OF THE MAGNA INVESTMENT SCHEME AND TIE IT SO NEATLY TOGETHER
KAHLON IS A SMALL FISH NOW AND SASON HAS DUG A HOLE WAY TO DEEP FOR HIS POOR LIL SOUL TO GET OUT OF.
IT IS CLEAR FOR ONE TO SEE THAT THE DEAL IS ON THE TABLE FOR KAHLON TO REALLY STICK IT TO SASON. GUARANTEED THAT KAHLON IS GOING TO TAKE THE DOUBLE WIN HERE IN THE FORM OF REDUCED OR DISMISSED CASE AND THE CHANCE TO GET BACK AT THE LOWLIFE SASON THAT LEFT HIM OUT TO HANG AFTER SHOWING HIM EVERYTHING HE KNOWS
JOSH "COPYCAT" SASON'S DAY ARE NUMBERED AND YIPPY TO THE MOON WITH A $50 MILLION CASH INJECTION AND HERO STATUS FOR CRASHING THE WHOLE SASON FAMILY NAME AND REPUTATION HAHAHAHAHA!
The author did not see how a twenty-seven-year-old could become so successful in investing in so short a time with traditional methods. He investigated and found a 2012 lawsuit in which a financier named Yossef Kahlon accused Sason of copying his business model and tracked him down. Kahlon said he showed Sason how to trade like him in penny stocks and then cut off contact so that no one could accuse them of conspiring.
Kahlon paid brokers to scour the market for penny stocks with high trading volume, then called the companies to see if they wanted to issue new stock.
These struggling companies can't sell new shares to the public the usual way, but they can sell to private investors such as Kahlon. They gave him steep discounts, and he'd sell the shares into the public market right away, often doubling his money as everyone else's shares were diluted. There are laws against doing this, but Kahlon thought he spotted an exception in Texas. He incorporated his company there, while operating from New York.
Texas corporate records show Sason incorporated Magna Group in the state in 2010, using the same mail drop as Kahlon.
In the summer of 2012, the SEC filed separate lawsuits against Kahlon and another penny-stock financier, saying their clever Texas loophole in fact wasn’t.
The SEC said Kahlon made $7.7 million buying penny stocks at deep discounts and dumping them on the public. Kahlon says he did nothing wrong; the case is still pending.
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