Luxeguy, the numbers in the HJOE 10-K are shocking;
-$2,882 in cash -$0 in Accounts Receivable (nothing sold waiting on payment) -$0 Inventory -$0 in Prepaid Expenses
and
-$2,637,791 in Liabilities
Here is the strangest thing; remember when HJOE recorded a grand total of $4,125 in Net Sales in the 3rd Quarter 2013? Well HJOE reported $322,120 in Net Sales through the 1st 9 months of 2013.
HJOE reported Net Sales for the 12 months of $264,796. Not only did HJOE not sell any products at all from Oct 1-Dec 31, 2013 they somehow lost $57,324 in Net Sales they already recorded.
How this stock is not .00 yet is amazing especially with all of that convertible debt looming. These lawsuits could be the end of HJOE;
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.