Sorry my error I was going by memory and when I ch
Post# of 15187
Posted On: 05/20/2016 4:38:25 PM
Sorry my error I was going by memory and when I checked there were actually 4 prior notes from KBM.
KBM Worldwide, Inc. Notes [F]
On May 14, 2014, the Company entered into a Securities Purchase Agreement with KBM Worldwide, Inc. ("KBM", for the sale of an 8% convertible note in the principal amount of $29,000 (the "KBM Note 1"
On May 29, 2014, the Company entered into a Securities Purchase Agreement with KBM Worldwide, Inc. for the sale of an 8% convertible note in the principal amount of $32,500 (the "KBM Note 2". The financing closed on May 29, 2014.
On July 27, 2014 Hangover Joe's Holding Corporation (the “Company” entered into a Securities Purchase Agreement with KBM Worldwide, Inc. ("KBM", for the sale of an 8% convertible note in the principal amount of $27,500 (the "KBM Note 3". The financing closed on August 19, 2014.
On September 2, 2014, Hangover Joe's Holding Corporation (the "Company" entered into a Securities Purchase Agreement with KBM Worldwide, Inc. ("KBM", for the sale of an 8% convertible note in the principal amount of $32,500 (the "KBM Note 4". The financing closed on September 8, 2014.
The balance below is as of Sept.,30th. 2014. These all became convertible 180 days after they were made. Since there is no mention of any of these from KBM in their suit I think it's safe to assume KBM converted all these into shares at their discounted price. The last one would have become convertible in March 2015. So KBM's conversions on all of these notes reaped some very good profit for them while at least helping to force the pps down to $0.0001 around that same time.
KBM Worldwide, Inc. [F]
121,500
KBM Worldwide, Inc. Notes [F]
On May 14, 2014, the Company entered into a Securities Purchase Agreement with KBM Worldwide, Inc. ("KBM", for the sale of an 8% convertible note in the principal amount of $29,000 (the "KBM Note 1"
On May 29, 2014, the Company entered into a Securities Purchase Agreement with KBM Worldwide, Inc. for the sale of an 8% convertible note in the principal amount of $32,500 (the "KBM Note 2". The financing closed on May 29, 2014.
On July 27, 2014 Hangover Joe's Holding Corporation (the “Company” entered into a Securities Purchase Agreement with KBM Worldwide, Inc. ("KBM", for the sale of an 8% convertible note in the principal amount of $27,500 (the "KBM Note 3". The financing closed on August 19, 2014.
On September 2, 2014, Hangover Joe's Holding Corporation (the "Company" entered into a Securities Purchase Agreement with KBM Worldwide, Inc. ("KBM", for the sale of an 8% convertible note in the principal amount of $32,500 (the "KBM Note 4". The financing closed on September 8, 2014.
The balance below is as of Sept.,30th. 2014. These all became convertible 180 days after they were made. Since there is no mention of any of these from KBM in their suit I think it's safe to assume KBM converted all these into shares at their discounted price. The last one would have become convertible in March 2015. So KBM's conversions on all of these notes reaped some very good profit for them while at least helping to force the pps down to $0.0001 around that same time.
KBM Worldwide, Inc. [F]
121,500
(1)
(0)Hangover Joe's Holding Corporation (HJOE) Stock Research Links
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