Posted On: 05/20/2016 3:43:49 PM
Post# of 15187
Re: Goodspeed65 #5563
So let me get this straight. In one of KBM's claims they state to the court that the 2014 Q3 report shows HJOE is insolvent therefore the court should force HJOE to give them shares to pay off the note.
The quarterly reports prior to KBM loaning HJOE money for notes 1,2,and 3 were just as bad. The 2014 Q3 report was out before KBM loaned HJOE money on note number 4 in January 2015. So for about a year KBM kept giving loan after loan to a company they knew was insolvent and couldn't repsy any of the loans. Somehow I don't think a judge is going to fall for that load of crap.
The quarterly reports prior to KBM loaning HJOE money for notes 1,2,and 3 were just as bad. The 2014 Q3 report was out before KBM loaned HJOE money on note number 4 in January 2015. So for about a year KBM kept giving loan after loan to a company they knew was insolvent and couldn't repsy any of the loans. Somehow I don't think a judge is going to fall for that load of crap.
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