I don’t have any information beyond the public documents. The Canadian legal document reads as if the two people living in Canada may have been consultants and or owned MJW* debt obligations. According to the various financial reports, MJW* debt was paid off, converted into preferred shares, or converted into common shares.
At some point in time, during the course of normal business, the two Canadians became aware that a penny stock was about to have a major restructuring. The two Canadians did “something” and violated Canadian law. The profits from the scamming were sent to Canadian Banks.
The Canadian Banks received millions in alleged scam profits. Did any agency sanction the Canadian Banks, prevent the trading of publicly traded shares of the Canadian Banks, or take action against the shareholders of Canadian Banks? The answer is probably no.
The MJW* lawyer will get the CE removed.
Statement from Majic Wheels Corp on the CE placement of 13 May, 2022
Getting the CE removed is the least of his worries. He needs an attorney for what’s coming as the result of Financial Markets Authority in CANADA case.
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