MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Magnis Financing Update for IM3NY, page-407

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    Agreed. If the Charge attached to the loan that the sophisticated investors advanced against the security of the assets of the company was deemed to be unenforceable, those investors would be unlikely to see their $ again, but they could not get any of the company's assets in their paws.
 
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