I am not familiar with Magna Group but hate to see one of my holdings has recently started convertible debt financing with them.
Bottom line, how bad are they? Are we talking Asher infamy here? JMJ or Tangiers?
I suppose it all boils down to the specific terms of each convertible transaction but nonetheless, seems to me engaging any of these type vultures is akin to the slippery slope.
Im just trying to figure out how bad things really are for ADXS if Magna has been engaged. Thanks for any prior knowledge this group can share.
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