We will see, but currently this is a pissing co
Post# of 15187
contest or a game of chicken. At some point in time
one party will flinch. HJOE has a lot less to lose then KBM.
I believe KBM was stalling for HJOE to go out of business and then
collect their shorts. That doesn't look like it is going to happen.
If one looks at the kbm cases, they have never collected any ridiculous
interest rates after a company has no longer delivered shares as payment
for the loan.
It boils down to KBM wanting to go after what is left of the 45,000
note and any small penalty. KBM will probably pay more for legal
fees than what is owed them. Pride gets the better of logic. If I were
KBM, id walk away and play another company on their scam Do they want
to open their books and show their operation to a judge now and HJOE's
legal team for further scrutiny?
TS