thesmalls, from what I recall
Noho was damn near bankrupt when they took a 30k-40k note out from kbm. the price at the time was around .007-.006 for noho. They drove it into the ground,in days, and I think NOHO realized that they couldn't continue opperations. The price stagnated at .001-.002 for months and then noho stopped releasing shares.
kbm sued and it was going to trial.then it was dropped with minimum owed to kbm. maybe kbm saw there was no more blood to obtain from a stone. But, noho did not owe much=ruling. They had cited that the other notes had caused them the inability to deliver shares, since they were being exercised at .001 and there share structure could never accommodate that.
this all from the top of my head.....months and months ago.
The point is you can't get blood from a stone, especially after you milked it dry. That applies here too. 3 notes or four were issued before hjoe said enough.
just looking at the percentages and profit kbm made, ain't no way Joe will owe much.
Someone here, months ago, listed 12 cases kbm were in. None were any home runs for kbm. How the hell can they be when they are making 35% a month on 30-40k loans.Then they want 30% additional on late fees...LOL.....total rubbish, and all after they short the stock that they flood the market with......please..add another 50% to that total.
who makes this kind of money in a month ,when a bank loans out at a fraction of that.
khm can argue nobody will loan money to distressed companies, but raping and taking complete advantage of someone too is grounds for extortion too. They took advantage of the system and then want to exploit it for more. That's like loaning someone 10,000 and wanting 50,000 6 months later. The guy pays you 35,000 and you sue him for not delivering on ced contract. Please, that is rediculous. in any court.
jmho, from the top of my head..
ts
ts
Noho was damn near bankrupt when they took a 30k-40k note out from kbm. the price at the time was around .007-.006 for noho. They drove it into the ground,in days, and I think NOHO realized that they couldn't continue opperations. The price stagnated at .001-.002 for months and then noho stopped releasing shares.
kbm sued and it was going to trial.then it was dropped with minimum owed to kbm. maybe kbm saw there was no more blood to obtain from a stone. But, noho did not owe much=ruling. They had cited that the other notes had caused them the inability to deliver shares, since they were being exercised at .001 and there share structure could never accommodate that.
this all from the top of my head.....months and months ago.
The point is you can't get blood from a stone, especially after you milked it dry. That applies here too. 3 notes or four were issued before hjoe said enough.
just looking at the percentages and profit kbm made, ain't no way Joe will owe much.
Someone here, months ago, listed 12 cases kbm were in. None were any home runs for kbm. How the hell can they be when they are making 35% a month on 30-40k loans.Then they want 30% additional on late fees...LOL.....total rubbish, and all after they short the stock that they flood the market with......please..add another 50% to that total.
who makes this kind of money in a month ,when a bank loans out at a fraction of that.
khm can argue nobody will loan money to distressed companies, but raping and taking complete advantage of someone too is grounds for extortion too. They took advantage of the system and then want to exploit it for more. That's like loaning someone 10,000 and wanting 50,000 6 months later. The guy pays you 35,000 and you sue him for not delivering on ced contract. Please, that is rediculous. in any court.
jmho, from the top of my head..
ts
ts
1
