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Forum - Wall Street Pit (MagneGas Corporation - MNGA)    Stock Due Diligence for All

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From: smokeeater11 (Rep: 57) reply to weegeDate: 02/12/2018 13:58
Forum: Wall Street Pit - Msg #2719673 - List MNGA msgs Thread #673990701 (Rec: 1)
Re: Loading down here. Shorts all over this hitting the stops since the pop. Pati...
that's just the santilli's unloading shares into any strength.
"At the close of business on the Record Date, there were 1,000,000 shares of Series A Preferred Stock outstanding. All 1,000,000 shares of Series A Preferred Stock are held by the Majority Stockholder. Each share of Series A Preferred Stock has voting rights of 100,000 votes per share. The total aggregate number of votes for the Series A Preferred Stock is 100 billion. As of the Record Date, the Majority Stockholder’s holdings represented approximately 99% of the outstanding shares of our voting stock, all of which approved and adopted the matters set forth herein."

https://www.sec.gov/Archives/edgar/data/1353487/000149315218000791/formpre14c.htm



Reply to weege - Msg #2719668 - 02/12/2018 13:46

Loading down here. Shorts all over this hitting the stops since the pop. Patience will win here.
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