Asher Enterprises Inc. involved in smaller sized f

Asher Enterprises Inc. involved in smaller sized financing agreements that do not require S-1 filings.
Common factors in Asher Enterprises Inc financing agreements are really high interest rates and especially ugly conversion ratios.
The terms of most Asher Enterprises Inc Notes allow Asher to convert their debt into free trading shares at a 60% discount to the 3 worst closing prices over the previous 10 trading days.
Taking the 3 worst closing prices over the previous 10 trading days can often translate into
Asher Enterprises Inc getting their shares at well below half of the market price.

These kind of toxic debt arrangements are the most damaging type of financing arrangements
because of the high amount of interest the Notes accumulate and the huge discounts given on the shares issued to the Note holder.

The lower the share price goes the more profitable these toxic debt agreements become
for the Note holder like Asher Enterprises Inc. Because of this there is incentive for the Note holder
to short the stock to drive down the price before converting the Note into free trading shares.