Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

I'll play lead-off hitter (unless someone else beats me to the punch in the next few minutes) as regards the 8K of December 31 that has just been placed on this website. Hopefully, there's a clean-up hitter in our group who will add a lot more to my initial comments.
1. The 18% stated rate is a lot better than VHUB has done previously, as long as the Advisory Fee represents a legitimate consulting service rather than a veiled cost of the capital.
2. So I'd wonder what VHUB was advised to do beyond borrowing from this lender.
3. The 3,810,000 newly issued shares used to pay the advisory fee reflects a value placed on the common shares of about 3.3 cents. As this is above the market price at the last close, I would not view this as being dilutive...at the moment.
4. However, the fact that the company is essentially guaranteeing that the sale of those shares will at least yield that advisory fee does represent a risk of dilution going forward.
5. The net new funds to the company, after paying off the BofI loan remnant would appear to mean that the company won't be in the capital markets again for awhile.
6. I wonder how much, if any, of my commentary will be reflected in a press release, if Paul indeed will issue one.

Have a healthy and prosperous new year, everybody, and I'll be appreciative for how any of you will amplify/correct any of what I am putting on the board now.