I would think that if ............................
Post# of 15187
that they would counter sue and make KBM pay for the legal fees plus-
for them to be reinstated with trading. Just makes sense to me.
KBM, if people remember, bought HJOE's debt from another creditor at a huge discount, for cash. Thus, from the get go, they were making mad money. They then turned around and made 30-45% and higher on conversions. Id venture to say that by the time this 45k note was stopped. KBM probably exceeded 100%-150% profit on the notes they purchased. Not to mention that they probably shorted each conversion. This is extortion and illegal activity, especially naked shorting. (in theory)
I could care less that they were allowed to convert most notes before. There comes a time when a otc company, that is legit stands up to this crime .One only has to look at insiders never selling a share to tell you that they have had enough of the process and wanted to protect themselves and the company from these corporate raiders. I can only imagine how many shares Shawn and Veal have accumulated for the work they have already done.
They and especially Gene G. have a lot invested. around 500k or 600k total for Gillstrap. I think he wants this to resume trading too. He purchased a ton of shares at .03........
It;s all predicated on the courts. Unfortunately, as thesmalls has said, They do not move on our time frame. But, the longer this goes, the more aggressive HJOE should be on the legal front to go public again.(via counter suits) if their are positive developments fwith the debt issue). KBM has stalled and tried to permanently halt hjoe in trading and in business. They now have a wounded anmal, that if it gets health is going to pounce and hard. I hope to see it, it will be epic for all!!!!!!
JMTC
TS