Tonner One World Holdings Inc (TONR)

[Voices of Reason]

Blakechaos - the Company publicly stated in September/October 2014 that they were receiving $800k to pay down 1/2 the debt and to eliminate/reduce the toxic convertibles by the end of the 3rd quarter. http://www.investorideas.com/news/2014/toy/10151.asp

This is the same type of promise they made a year earlier with third party funding out of New Mexico for about $500k - we found out that was a lie too.

Both objectives they promised simply didn't happen.

In fact, the lawsuit with Darling shows that in this same time period they signed a negotiated settlement agreement to do away with their convertible note at a nice discounted rate. Literally days later, they defaulted on that deal which resulted in the lawsuit shown as still pending with the NY courts.

OWOO came out later with yet another promise saying that they have already begun plans to reduce the debt and the convertible notes. We will not be able to see how successful they have been on that venture until Mid-May when the 10K comes out, but why should we believe them a 3rd time??