(Total Views: 227)
Posted On: 12/19/2017 10:06:58 PM
Post# of 30015
![Avatar](https://investorshangout.com/images/ProfileImages/1996739806_13310_Entertained 3.jpg)
Quote:
As part of the Bindings LOIs, approximately $975,440 in first-priority lien senior secured debt (Senior Debt) held by a Manhattan-based family office will be extinguished via the periodic issuance of common shares throughout the course of the next several months.
Magna, here's your 5 millions shares at .20. If I were you, I wouldn't sell them all at once as you could make a bundle on the way up.
Maybe they didn't get the memo.
I do think it's a combo of what investorxc and All Aboard posted.
Stop loses, panic selling and Magna.
Doesn't change the company is at a mc of $10M so there is a lot of upside here. Just don't tell your trader friends this time. Hate to see them sell at a loss.
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)