First, KBM files a Form 13G for the promissory notes it converts - the SEC knows that KBM is a OTCM lender.
No one forced the HJOE clowns to borrow from Asher and they defaulted on the Asher notes - but they started borrowing from KBM.
The HJOE guys stated in the response that they borrowed the money knowing they couldn't repay the loan - that is truly a WTF moment.
I find it pretty amusing that shareholders are blaming Asher, KBM, Magna,... for borrowing from all of the Toxic Lenders.
News Flash - real companies don't borrow from Toxic Lenders. HJOE acts like they didn't read or understand the promissory notes they signed.
Why did HJOE use Asher then default on the Note - Asher then demanded payment and converted the note into common shares.
And the loans from Magna and Tangiers was far more toxic than either the Asher or KBM loans.
IG
"All your base are belong to us"
