"Here's how: Last year an entity called Roen Ventures agreed to lend $6 million to CannaVest. According to a recent lawsuit against Mona in Nevada, filed as part of a $17.8 million judgment related to a land transaction, Mona and Llamas had formed Roen. According to the lawsuit, Mona had personally put up half that loan--and then sold his interest in Roen to Mackay for $500,000. Mackay acknowledges buying out Llamas. And then he converted Roen Ventures' loans to 10 million shares of CannaVest stock at 60 cents a share. Voil?! More than $1 billion at the recent share price, when you include all the shares he owns."
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