Western Magnesium Corp V.WMG.H

Western Q3 end August 2021 *update

[Executer99]

• 400 million + share count - 500 million fully diluted 
• 80 million options and warrants with a 9 cent weighted average 
• 2 active lawsuits in BC Supreme Court. Western was actually in court two weeks ago link to search https://justice.gov.bc.ca/cso/esearch/civil/partySearch.do;jsessionid=PbOIg7PayyNdzm10SjCvJ8J7.0e1ba411-53d7-3b0d-8e0a-d5b7d8cafbab
• 6 private placements between .10 and .13 in the first half of 2021
• 2 investor relation employees (“self-contracted”) post regularly on Stockhouse and CEO. They will slam you and name call when anybody brings up any negativity on Wmg
• Plant is extremely delayed.  Supposed to be finished late 2020

 

Be careful new investors. There have a lawsuit from a former director Jim. Jim is seeking royalties. Additionally they signed a contract for a 200+ credit line and never fulfilled their end. This company is suing for 4.2 million 

 

The above is all true and if you need proof and/or links then please feel free to Direct message me. I will happy to send you the info 

 

My intention - clean up the tsxv. 

 

These guys (among others) are corrupt and need…Common sense realists to keep them somewhat honest…so the retail investor does not get f**^% once again 

 

You are welcome in advance 

The Executer

[Thebigbully7777]

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[KonnectTheDots]

He has always just been a d!ck, sometimes he just tries harder to be clever and not appear to have an agenda. With all his alias' he is pretty much the only one posting here LOL. He's a laughing stock so nice to have some comic relief. My intention - clean up the tsxv.  With less than 40 reads on average obviously not having any impact one way or another (how many investors in NA

[Executer99]

Speak for yourself. Going back and reading people's posts - copy and paste King.  Probe gets personal and name calls so I bug him about his profession.  I haven't personally attacked anybody else. You or anyone can't answer my legit questions  Example - when is all 6 pps free tradings your know the .10 and .13 ones this year

[Thebigbully7777]

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[stockprobe19]

" Hey I totally get it this company's management cheesed me off so bad that I sold out. The end game is making money the rest don't mean sh!t" Making money very important and so the company cheesed you off SO MUCH that in the last 5 weeks you have nearly seen a 10 TIMES increase in the share price. Now if that doesn't cheese you off nothing will. Put that in

[Thebigbully7777]

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[stockprobe19]

You still are at it bashing the stock so you can get in at a lower price, good luck with that. I have been holding this stock for over 10 years bud so I know better than you what's up. I haven't sold a single share in ALL that time. I'm here to offset the wall of disinformation like yourself and ask investors to do ALL DD on this and any other investment. When you see multiple posters

[Executer99]

They didn't  acquire a property. Liar 

[Thebigbully7777]

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[stockprobe19]

"Very sad, somewhere a village is missing their idiot." KTD the Stockhouse bullboards has found that village idiot, E99 has been here for some time now. 

[RawSienna]

Some details of the legal claims 9. CONTINGENT LIABILITIES AND COMMITMENTS  a] Contingent liabilities On September 29, 2020, James Sever filed a Notice of Civil Claim against the Company in the Supreme Court of British Columbia (the “Sever Claim”). The Sever Claim alleges that Mr. Sever had an employment and/or other similar contractual relationship with the Company, and that the

[stockprobe19]

I can file a law suit claiming all kinds of things and asking for a massive amount of money. So far the claims look weak and probably will take years to settle if they even get a settlement. All of this is part of inventing new techology and is not going to have any impact at the end of the day. For some of you that love to continuously focus on this as if it's a serious issue, one needs to

[RawSienna]

Well the Sever case is in the top court in Canada so i'm not sure how weak it is. From the outside looking I see it as they took Severs ideas and intellectual property, changed  the company name and re-registered their company from British Columbia to Delaware for some reason. Not a lawyer but I think they are trying to blow him off for some reason and re-registering their business from

[Executer99]

This lawsuit is in supreme court and will cripple them.  Both parties were in supreme court two weeks ago 

[NTRSandman]

Most companies have an intellectual property agreement with their employees.  Any ideas or intellectual property an employee discloses becomes property of the company.  Some companies offer payment in such cases but it would not surprise me if Sever is after royalties.  This is why people should patent their ideas before sharing.

[RawSienna]

Yes this is true and I'm not claiming to know the extent of Severs claim or the other two that are before the courts at the moment.  What is true is that these claims could possibly go on for years and fighting them in court is not cheap. The company currently has no revenue stream besides private placements and issuing more shares and warrants and will not be breaking ground on a

[Executer99]

Nobody seems scared about dilution. But with the recent surge in share price you must think that the 80 million options at a weighted price of 9 cents will be triggered and sold back into the market.  We are now approaching 500 million shares...before lawsuits. We will be lose to a billion soon 

[AucontraireII]

NRT, in this case patenting has more downside than upside. Patents expire after a time, after which you lose your protection. But especially in this case, the requirement to disclose their process means handing the technology to China or anyone else who may not play by the same rules. Not a good strategy here.