Why would Josh Sason allow AMBS to file BK when it would cause Magna to stand (first) in line, in front of a judge, in order to claim $16-Mil. against what Magna is owed in 'defaulted' loans - followed by creditors such as Memory DX, LLC, Greentree Financial Group, Inc., and Jack Brewers' BCM Lending, LLC,?
You don't even know if AMBS can declare BK - read the SEC filings.
What? You don't think Magna & the Astoria Queens Boyz will liquidate or auction off what they have laid legal claim to and are owed?
Gerald can't even pay his phone bill (that we know of), let alone retain a BK attorney - unless of course he worked with SRFF, in shorting his own stock from a storefront offshore, in the great floorless convertible debacle.
Sleep with (financial) whores and you get a STD - its just that simple - and that's what has happened to Gerald - he's now infected - and so is his company.
It took SeD the greater part of 1-1/2 years to get to June 25th, 2017 - who do you think will jump in to 'save' AMBS when Mr. Hang pulls the proverbial LOI plug?
sad but true....
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