Sonomax Technologies (SXHHF)

[ErnieBilco]

And then farther down is this - WHICH SAYS NOTHING LEFT OTHER THAN A ROGUE US TICKER BACKED BY NOTHING.........NOT EVEN A JANITOR LEFT IN THE COMPANY.

December 8, 2014 (CSE:SHH) announced that the holders of its 12% secured subordinate convertible debentures have exercised their security over Sonomax’s assets and have taken all of Sonomax’s assets in payment of principal and accrued interest on the debentures. Sonomax failed to pay the aggregate principal amount of $4,586,000 of the 12% secured subordinate convertible debentures that became due on February 15, 2014, as well as accrued interest on the debentures in an aggregate amount of $1,106,432 as of September 30, 2014, representing a total amount due to the debenture holders of approximately $5.7 million as of that date. As confirmed by an independent valuation of Sonomax’s assets, the total amount due to the debenture holders exceeded the value of Sonomax’s assets by a significant amount. Accordingly, Sonomax’s assets have been surrendered in favor of the debenture holders.

And they get paid to write garbage like this? One paragraph about patents and the next about debt holders got it all free and clear......... who paid this analizer for this "research report"?