"HJOE breached the Worldwide promissory note and A
Post# of 15187
Posted On: 05/03/2016 9:59:39 AM
Re: StockTracker #4817
"HJOE breached the Worldwide promissory note and Adamson didn't want to fulfill his financial obligations so HJOE was sued. "
KBM breached the good faith tenets of the contract long before HJOE failed to deliver on the payments. there is legal precedence, history of bad faith/actions, and a company with the financial ability to fight back. MUCH different than a company that has no financial resources and has to bend over to KBM or go out of business.
this is where the venom and escalation of rhetoric/shorting has intensified. IF HJOE is successful, the floodgates continue to open. this is why the toxic lenders try to take their knees out and put them out of business quickly. they maximize their return on the shorting/covering (while protected by the death spiral) and the company has no financial resources to fight back.
this time - it appears they didnt count on HJOE /the company to actually be able to generate revenues to legitimize the business/satisfy shareholders (who continue to accumulate and not dump in fear) and that threatens not only their returns/liability with HJOE - but also their entire business model. i have no doubt the 7-8MM shares on the ASK right now are a "fake wall" to inhibit buying and/or to increase selling. whether it is to cover naked shorts or for NITE customers to continue to accumulate - doesnt matter. if the 15s start getting tagged - the wall will come down very quickly.
KBM breached the good faith tenets of the contract long before HJOE failed to deliver on the payments. there is legal precedence, history of bad faith/actions, and a company with the financial ability to fight back. MUCH different than a company that has no financial resources and has to bend over to KBM or go out of business.
this is where the venom and escalation of rhetoric/shorting has intensified. IF HJOE is successful, the floodgates continue to open. this is why the toxic lenders try to take their knees out and put them out of business quickly. they maximize their return on the shorting/covering (while protected by the death spiral) and the company has no financial resources to fight back.
this time - it appears they didnt count on HJOE /the company to actually be able to generate revenues to legitimize the business/satisfy shareholders (who continue to accumulate and not dump in fear) and that threatens not only their returns/liability with HJOE - but also their entire business model. i have no doubt the 7-8MM shares on the ASK right now are a "fake wall" to inhibit buying and/or to increase selling. whether it is to cover naked shorts or for NITE customers to continue to accumulate - doesnt matter. if the 15s start getting tagged - the wall will come down very quickly.
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