Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 KonnectTheDotson Apr 27, 2024 4:27pm
258 Views
Post# 36011160

Two strikes and no balls

Two strikes and no balls

Strike 1 :  $3.9 million dollar judgement against the company for nonpayment of an employee/breach of contract and allegedly one of the inventors of the proported technology (but since there were no patents who really knows if they had anything) 

Strike 2:  SEC investigation (normally that's not a good sign)

So what will be a strike three?

Criminal investigation?

Will the RCMP be looking into this?

oh hey wait a minute.... this company was re-domiciled in the US of A, right?
 

Wouldn't it then fall onto the FBI, department of Justice and other criminal agencies?

Stockprobe, is Ed still in DC, you know, right where he supposed to be (go figure)

It might be time and a good idea to head to a less corrupt country like Venezuela or Cuba. 

If they can charge, indict and convict (before a trial), a former president of the United States for fraud and fine him half a billion dollars when no one was actually defrauded they must be able to do something with these guys?

Not long now!

Right Bigrig?




 

<< Previous
Bullboard Posts
Next >>