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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Post by concerned1234on Jun 02, 2022 7:57am
185 Views
Post# 34725753

Class Action Lawsuit

Class Action LawsuitIts time for putting this in motion.  Ohio is dead (the sign is face planted down in a cow field, just like this company), there is NO metal, no permits to even make metal, Accounting firm firing WM, family members, mistress and her sons taking huge salaries that could have been dedicated to the plant which we now see is a staged theater set of men in 3 piece suits pretending to operate equipment.

I spoke to my lawyer yesterday morning after the lack of metal produced.  He said this "Huckester Ataya" (not sure thats even his real name?) wouldn't even qualify to run my daughters $.25 cent Lemonade Stand.  He also did a name search on Ataya and said there is NO record of him anywhere prior to 2017 but this Stirling Group?  He said that is a huge huge red flag that he may have done this to another companies in the past.  Google him yourself.  I just did - what the heck is the Stirling Group and look at the last names of those involved!  OMG

Im done seeing all this lack of accountability.  My Lawyer said use the recent SEC filings from accounting firm as basis for suit - Defrauding investors, outlandish claims, record losses year after year, no confidence in what they claim.  He said when a Accounting firm  FIRES a company, thats the last sign of rats leaving the ship.  Its all right there in the recent SEC filings to for all to see.  He also said the SEC would have serious interest in WM claiming to make something - receiving money - and then not doing.  Its called a ponzi scheme.  He also said take a look into the massive shorting of the stock and ssid this Alpha Capital outfit looks to be involved.  What???

Im done watching this from the sidelines - We investors need to band together with this class action for FRAUD!  The SEC will go after those involved in this!


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