Exciting times for TOMDF. Delta wave losing steam,
Post# of 30028
For all interested, the typed deposition of the key SEC v magna witness de Maison is posted on Pacer. Thrilling stuff, and I'm more confident than ever that Magna will be kaput by end of year. That's $4.7M of debt, and the main driver of the death spiral, that essentially goes off the books. Moreover, we could countersue for damages, though probably not worth it as Magna is bankrupt.
de Maison deposiion details how this death spiral BS happens. Restricted stock through a variety of means, becomes unrestricted before it should. If you want to know how much of the penny stock fuckery works behind the curtains, I suggest you read it if you have an hour.