sorry, I just wrote a long post but my phone rebo
Post# of 15187
but my phone rebooted unexpectedly.
bulletpoints-
1. the little guy can lose, but he can expose you for future fights.
2. hjoe has a lot more time on their side for reasons you and I have stated.
3. My main point is that IF KBM ASKS or goes beyond their initial loan plus 20-30% late fee as interest, they in essence will prove HJOE's case.Thats why we have seen kbm flip flop legal teams.Imho. KBM is used to going for the kill and getting insane returns. You think that strategy will.play well in court?
The day KBM asks for 130% compound interest to a judge,on a 43k loan, and gets over 1 million plus, That's the day they better pack up their overall business and move on to some other business.
Secondly- they will be able to pay off the note terms,plus any reasonable interst.25% late fee per yr. HJOE could get gene or pay cash from revs.
third, if a judge allowed them to file and no conversions. The pps could ascend to .03-.06 or above.A mere 200,000 shares would pay off the note,afterward.Less than one day of trading.Shorts wouldn't get in the way of a minor dilution like that.
Best case scenario for kbm is 43k plus yearly interest. Every day that goes by they lose leverage.Cause that 130% compound interest is looking like a very very very bad option to try to get. jmho
sorry if this post has spelling mistakes..on my phone..
TS
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