Preheat oven to 350 degrees F. In a small saucepan, melt 1 cup margarine; stir in 1/4 cup cocoa, then water. Bring to a boil; remove from heat. In a large mixer bowl, combine flour, brown sugar, baking soda, cinnamon and salt. Add cocoa mixture; beat well. Stir in 1/3 cup sweetened condensed milk, eggs and vanilla. Pour into greased 9x13 jelly roll pan. Bake 15 minutes or until cake springs back when lightly touched. In a small saucepan, melt remaining 1/4 cup margarine; stir in remaining 1/4 cup cocoa and sweetened condensed milk. Stir in confectioner's sugar and nuts. Spread on warm cake.
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