Hangover Joe's Holding Corp. (fka HJOE)

[james885]

KBM got a default judgement against HJOE.

Hundreds of posts about criminal usury - how HJOE was going to destroy KBM. And once again Adamson got his ass handed to him in Court.

First Adamson promised to be victorious over TCA and PLN - the settled with TCA and it was TCA that did the butt kicking - and the millions HJOE was going to receive from PLN - turned into a joint motion to dismiss.

All of the pig roasting that Adamson was posting on Twitter turned out to be Adamson and the shareholders getting roasted.

Like all the toxic lenders KBM probably shorted the stock expecting to cover their short position with shares they would have gotten when they converted their note. So it looks like HJOE will have to pay the judgement off in cash. But of course all shareholdings are intact and so are all short positions from toxic lenders like KBM. So if KBM did short the stock they will be forced to cover their short position by buying shares on the open market when HJOE trades again.

As far as PLN when 2 parties agree to a joint motion to dismiss. One party usually has to agree to pay the other party a specified amount which is normally covered by a nondisclosure agreement. Of course even with such a nondisclosure agreement the amount paid will show up in the company's SEC filings. As will this one when HJOE files the audited financials with the SEC to trade again.

So once again shareholders will do extremely well when HJOE trades again.