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It's pretty funny that they now have a whole 4 twitter followers. Didn't they have like 150K just a few months ago?
Veal filed for bankruptcy so things must be going really well. He lists a whole $1500 in assets and $640K in debts
I noticed after the latest twitter purge, HJOE's followers went from 200K to 90K. They had about 90K followers 3 years ago so they have not gained a single twitter follower in 3 years. HJOE doesn't look like a growing company to me
How are they doing with this timeline? They keeping up with it? The whitepaper was supposed to be done in June so is it completed? Did they manage to secure the "Commitment of the photography community"? That's a tough one. Usually the photography community doesn't like to commit to anything so good luck with that.
I'm going to take a wild guess and say Veal managed to get this far and then gave up....
January 2018
Idea
What is the preliminary timetable?
January 2018
Idea
Idea, business case and market research
March 2018
Project evaluation
Development of the Blockspace App prototype
April 2018
Strategy & Design
Go-Live of the Blockspace App prototype
June 2018
Preparation for Crowd Sale with StartEngine
Communication and marketing activities
Commitment of the Joes Community
Commitment of the photography community
Legal form
Cap table – acquisition of majority of shares from Joes Holding Corp and Settlements
Advisers and new team members
Announcement on BitcoinTalk
Completion of Governing Whitepaper
That is hilarious. These Veal updates are always good for a laugh at least. A drunk 6 year old could write a more coherent message. This is just nonsensical gibberish that says nothing at all....as usual
Uh oh. Looks like HJOE has competition. Will Koreans rather buy an actual hangover cure invented by a Korean and manufactured in Korea or would they buy the crap sold by HJOE?
http://www.businessinsider.com/hangover-cures-drink-morning-after-morning-recovery-sisun-lee-2017-6
On July 5, his startup Morning Recovery, will be open for business, where it will sell an FDA-compliant hangover cure.
The whole thing started about a year ago, when the then 26-year-old Lee took a trip to his home country of South Korea, a land known for its partying ways. And that meant he spent a lot of time with his friends getting drunk. But instead suffering from hangovers, his Korean buddies turned him on to the hangover cure drinks that are popular there.
They have promised a store locator for the USA for years and they still have never bothered doing that either. I was in Miami a few months back and asked where I could buy the shot and no one could come up with a single store that sold the shot even though Miami has supposedly had a dealer for 2 years
I feel sorry too when anyone loses money but when people post something like
"You don't get the director of the SEC to cooperate with a penny stock just for the heck of it."
Then it's hard to feel sorry for anyone that posts something like that. So now HJOE shareholders actually think the SEC Director is personally involved? It just doesn't get any more bizarre and delusional than that.
People now think HJOE had a deal with the director of the SEC? Where in the world do they come up with this nonsense?
"The SEC would not waste time preventing a sub-penny - that has multiple delinquent filings - from going to the greys unless they saw a very compelling case." What???
It would be just as valid to say the SEC knew HJOE was a huge scam so the SEC decided to revoke it immediately instead of allowing it to trade on the greys. And how is it "wasting time" to immediately revoke the stock? It probably takes all of 10 seconds to revoke a stock. The other 3 stocks mentioned in the same SEC order from 10/24/16 were revoked on 3/06/17. If anything, it saved the SEC time by immediately revoking HJOE. I know shareholders are just hanging on to any thread they can find but their theories are just getting more and more bizarre every day. It sounds like they're still in the bargaining stage of the 5 stages of grief. They need to move on and be depressed that all their money is gone and then just accept it.
The five stages, denial, anger, bargaining, depression and acceptance are a part of the framework that makes up your learning to live with the money you lost.
So you claim that HJOE has an 'agreement" with the SEC and even claim that Veal has repeatedly mentioned this agreement in shareholder letters. Yet, you can't provide any proof. Wow
Their thing is to just keeping repeating something enough until all the longs think it's actually true. Remember how many posts there were about how HJOE was just going to kill KBM in court and fight to the end and get millions and run them out of business and blah blah blah? It got to the point where all the longs actually thought HJOE stood a chance in court. And what happened? HJOE got their asses kicked all over the court and then bent over for KBM again and will now just take the default judgement. Whatever the longs say here you can be 100% certain that the opposite will happen.
Yeah right, just like they had an "agreement" with the SEC to get revoked and wipe out every penny of shareholder value
Huh? They haven't signed up any dealers or sold a single shot in Korea since I posted that. And they don't have some special agreement with the SEC nor have they ever mentioned anything about an agreement in any shareholder update like you claim. I'm still right about everything as usual
Like I said
That's just absolutely bizarre that anyone would think HJOE had some kind of special "agreement" with the SEC. There is no agreement and HJOE has never mentioned any agreement in any shareholder update.
That's just absolutely bizarre that anyone would think HJOE had some kind of special "agreement" with the SEC. There is no agreement and HJOE has never mentioned any agreement in any shareholder update.
Who cares who they spoke to at the SEC? You do realize all of these companies have been revoked, right? Did these other 3 companies have super secret special deals with the SEC too?
https://www.sec.gov/litigation/suspensions/2016/34-79143-o.pdf
The deal was Veal said to the SEC, just revoke us now since I'm too stupid to file a correct Form 15 to get the stock trading on the greys, and the SEC said fine, you're revoked. There is no other deal beyond that. The SEC couldn't care less what happens to HJOE or it's former shareholders since it is no longer a publicly traded company
Ah ok, it's because of "things going on" that HJOE decided to take the default judgement and pay KBM 10's of thousands of dollars even though they would have easily won in court. Sure, that makes sense
So if these loans are clearly illegal then why did HJOE just give up and bend over for KBM....again? Why not keep fighting since it would be an easy win in court, according to you?
So what about this PR? Veal said.....
This is an attempt to harm the company and we don't take these matters lightly.
Hangover Joe's at least has come through the process strong enough to hire talented attorneys who have started the process of removing this scourge from our capital markets.
The type of predators we have faced count on companies not having real products or sales and being too weak to fight back. That is not the case in Hangover Joe's and we will defend ourselves against all such attacks and respond in the court systems
So none of this matters anymore to Veal and HJOE? So they are too weak to fight back and they're no longer going to bother to "defend ourselves against all such attacks and respond in the court system"?
http://finance.yahoo.com/news/hangover-joes-hjoe-answers-kbm-131200276.html
So it looks like HJOE could not find another attorney to represent them which isn't surprising since HJOE doesn't bother paying their attorney fees. Veal just sent a letter to the court saying he's going to represent himself and he's dumb as a stump so I'm sure that will work out just great for him.
So do the dealers still sell the chips? Or are there just no dealers left to sell anything?
Denver, Colorado, May 18, 2016 (Newswire.com) - Hangover Joe’s Holding Corporation (HJOE), developers of Hangover Recovery Shot and Git-R-Done-Energy, along with Git-R-Done Productions, Inc. and Larry the Cable Guy, is pleased to announce agreement with Shearer's Snacks, Massillon, Ohio for the SMS SpecMark/Hangover Joe's dealer network to now offer the Larry the Cable Guy Potato Chip brand to stores dealers service throughout the USA. “This was a perfect match for us,” said CEO Matthew Veal of Hangover Joe's. “We have really been increasing our dealer network and adding new markets. We are already going into the stores with our Git R Done healthy energy shot and The Hangover Recovery Shot, so this was a good added brand extension for both companies. We are reaching into so many stores in many markets around the country coast to coast. This gives are dealers and the Company another added profit stream and it helps with building our brands and company as a functional lifestyle brand.”
The future looked bright 2 years ago too when the GitRDone energy shot was all the rage. How many of those did HJOE sell? Zero?
They never reported 2nd quarter results....or 3rd quarter results so why would anyone think they'll report 4th quarter results? That doesn't make any sense
And with all these sales they still can't afford to pay their attorneys the 34K they owe them? They don't pay their attorneys and don't hire new attorneys and risk a default judgement against them even though they're flush with cash and can easily afford the 34K? That's bizarre
Virtually everything in that PR is completely irrelevant now so why post it?
That PR says....The action was filed on behalf of HJOE by Ellsworth Young LLP (www.eyllp.com), a national law firm with capabilities in New York, California, Nevada, Pennsylvania, Florida, Texas, Utah and Arizona which specializes in toxic debt relief cases.
But they are no longer HJOE's attorneys. HJOE never bothered paying their attorney fees
That PR says... Interested in a Dealer/Distributorship to sell HJOE products? Contact SMS at www.smsdealerships.com. But that link is dead. SMS no longer sells dealerships.
That PR says... "Hangover Joe's is a publicly traded company and is trading on the OTCPK as HJOE Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's public disclosure as a reporting issuer with the Securities and Exchange Commission ("SEC") available at www.sec.gov."
But there are no additional details at sec.gov. HJOE hasn't filed anything with the SEC in 3 years.
That PR has a link for www.GitRDoneEnergy.com but that link is now dead too. HJOE no longer produces the gitrdone energy shot
They said the exact same thing in the Dec 31, 2015 shareholder letter. And I'm sure they'll say the exact same thing in every future shareholder letter. At least until they file for bankruptcy and the letters stop altogether
We will become current in our fillings in 2016 and show this compelling story of what it means to recover a company and a nation!
Too bad they'll never come back then. Longs were claiming for years that SEC filings were the only thing stopping everyone from having "more money to spend than I know what to do with" And yet....HJOE never bothered filing. So why do you think Veal and Adamson didn't want their shareholders to get rich?
It's pretty funny that the court is demanding Veal provide a current address or the HJOE case will be dismissed. That would be such an HJOE/Veal type of thing to happen if KBM gets a default judgement because Veal gave the court a fake address. Their stock was just revoked because they gave the SEC a fake address and now they could lose a court case and cost the company $100's of thousands because Veal can't be bothered to provide the court a correct address.
Here's the full filing. It's pretty funny as usual. Notice all the typos in the email from the attorney to HJOE. Pro see instead of Pro se, resutl instead of result, coprorate instead of corporate. These are the brilliant legal whizzes HJOE hired. And the email was sent 3/7 and it's 3 weeks later and HJOE still hasn't bothered to hire another attorney or they just can't find anyone to represent them since they don't bother paying their legal bills.
https://www.scribd.com/document/343450514/Affidavit
Why not just film a taste test? It's cheap and easy to do so why not just prove that this hangover joe's jerky is so much better than the "leading brand"? HJOE's has been tweeting for months claiming they outsell every "leading brand". So why continue to post twitter nonsense when a simple and inexpensive taste test would be great advertising for the brand? Unless maybe they did do a test taste and the results weren't exactly what they expcected
So if Adamson and Veal make a lot of money but the stock never trades again and shareholders lose everything, that would somehow be "Karma"? That makes no sense at all.
You actually think it's funny that "Adamson and Veal will make a lot of money" while shareholders lost a combined $3 million when the stock was revoked? That's just bizarre
It doesn't matter how "hard" they're working. It doesn't change the fact that the company is broke.
That might be the strangest "due diligence" I ever seen posted by someone that's trying to pump a stock. Everything you posted says this company is just a shell. It looks like the target here is .00000. They no longer make any SEC filings and appear to be on the verge of an SEC suspension and revocation
Business Entity Information
Status: Default
Click on the company website and you get this
The site you were looking for couldn't be found
Really? Sometimes things are what they appear to be!!
And still can't afford to pay their attorneys or the KBM loan or pay for an auditor? So what are they doing with all this money? Are Adamson and Veal just pocketing it?
If Specmark is on the hook for all of HJOE's screwups when it comes to fulfilling the terms of the dealer contracts then no wonder they dumped them. I'm surprised it took this long
They don't even sell dealerships anymore and the couple dealers they do have will be suing them soon. Is that what Veal meant by "The Year of the Dealer!"?