MNS 0.00% 4.2¢ magnis energy technologies ltd

I’ll take a punt here. C4V is dead in the water. Lender knows...

  1. 863 Posts.
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    I’ll take a punt here. C4V is dead in the water. Lender knows the ip is rubbish and they can’t scale up so how do they recover the $100 million considering their ownership of the ip’s are worth nothing. Magnis who is a 73% owner of IM3NY gets a new partner in who will offer a payment of say $20 million to the lender which wipes out the loan. $20 million is better than nothing. Lender can still keep c4v ip’s as a treat and laugh to make sure that fraudster Shailesh is finished.
    New battery partner starts pumping out already proven batteries and Magnis goes back to $1 per share by years end. All in my opinion. Oh and if Nachu is funded say hello to $2 soon after.
 
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