Tonner One World Holdings Inc (TONR)

[Voices of Reason]

Joanne was actually very specific in the use of the $800k:

"By the end of the 3rd quarter we will have consolidated and eliminated several of our most expensive institutional and private convertible notes totaling over $415,000. The purpose of this initiative is to phase out at least 50% of the total company debt by the end of 2014," she added.

http://www.marketwired.com/press-release/one-world-doll-project-announces-financing-relationship-with-new-york-hedge-fund-blackbridge-otcqb-owoo-1950291.htm

OWOO's latest (3rd quarter) financials show that the convertible notes remain, two new lawsuits have been filed for breach of contract, one of which (Darling) was agreeable to a settlement for a discount to the amount owed - this settlement was signed AFTER the alleged $800k was in hand and a few days later was yet again breached by not coming thru on the settlement amounts owed, and furthermore, the rest of the company debt has not been touched and has actually grown.

Some might call management inept, others might call them liars - either way, not good.

OPEN QUESTION: What happened with the $800k????!?