HJOE (james885 )ASHER ENTERPRISES, INC. EIN: 94-

HJOE (james885 )ASHER ENTERPRISES, INC.
EIN: 94-3437255
2. Check the Appropriate Box if a Member of a Group (See Instructions)

(a) o
(b) o
3. SEC Use Only


4. Citizenship or Place of Organization
Colorado


Number of 5. Sole Voting Power
Shares 13,792,824*
Beneficially
Owned by 6. Shared Voting Power
Each
Reporting
Person 7. Sole Dispositive Power
With: 13,792,824*

8. Shared Dispositive Power


*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of promissory note(s), subject to the right of the issuer to repay the note(s) as set forth in the terms of the note(s). See the issuer’s filings with the Securities and Exchange Commission for additional information on the promissory note(s).
9. Aggregate Amount Beneficially Owned by Each Reporting Person

13,792,824*
*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of promissory note(s), subject to the right of the issuer to repay the note(s) as set forth in the terms of the note(s). See the issuer’s filings with the Securities and Exchange Commission for additional information on the promissory note(s).
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

11. Percent of Class Represented by Amount in Row (9)
9.99% (based on the total of 138,066,309 outstanding shares of Common Stock)


Asher had notes for various $ amounts. While Magna's biweekly notes were each $25,000 which is the only reason that amount is listed in their 13G filing.