Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Sgreg, I join with others that you've made a great post here. Could I quibble with you on two items, which your own review of the 10Q will lead you either to confirm my version of the facts or to correct me (in either case, I'm grateful). Please turn to both the balance sheet and to the footnote on Convertible Note payable. I believe you will find that the Convertible Note liability consists of two components:
1. $560,000 loan from Gotama Capital which has three completed tranches. The loan terms are quite interesting as to convertibility.
2. $200,000 which is the first tranche of the Typenex loan. Again, I commend you for having reminded this Board repeatedly that the remaining tranches are well-timed to meet cash needs of the Company, presuming that sales do indeed pick up and General & Administrative expense will be controlled, both of which are among the Company's intentions.

Also, the company does indeed have its BofI loan which is presented as a Subsequent Event to the December 31 cutoff of the financial statements, and its non-interest bearing loan from officers which is due on demand.

None of what I'm offering here is an attempt to guess what's going to happen with the stock; I leave that to better posters and more knowledgeable investors. Have a great weekend!