Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Hostastock, your view of what happened yesterday makes a lot of sense. This "new investor" would likely "dip his toes into the water" by purchasing any number of existing shares in the open market, then - after more research and discussion with the Winthers - would become the "for-real new investor" VHUB stated that they were looking for last spring by buying newly-issued shares, presumably enough so that the company could substantially pay down its debt burden.

The wild card at the moment is the 916,000 Typenex shares which have roughly doubled from their conversion price of just above 16 cents per share (plus the prospect of additional conversions down the road). That load of shares does constitute an overhang on the market.

...and as ever, the wait continues for the next reporting of actual quarterly gross revenues, as all the "process things" (new products, new distributors, etc.) need to translate into a resumption of the upward trend in sales as shown in a 10Q. With some increase in sales and a sharp reduction in interest expense via issuance of new common shares (hopefully at prices more than Typenex just paid), VHUB should do very well for its stockholders.

Have a great weekend!