Replies to post #37885 on ZA Group Inc (ZAAG)

[sanfran]

My guess is they were offered after the acquisition. He owned them all at the time of filing. The debt securities went to Len who offered them to raise funds.

[slingwing1]

I don't know how Adrian can make that claim.

It is right in the filings.

There were two or three of us that bought the series E preferred when they were being offered.

Normally preferred shares in scams are only issued to the ones behind the curtain so they can rape the unsuspecting trader out of their hard earned money.