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Monday, November 27, 2023 9:57:41 PM
10. Settlement with Asher at 50% discount.
You have posted this endlessly, hundreds of times!
Plaintiff extended financing to Digital Brand Media & Marketing Group, Inc. ("Digital Brand") on three occasions. On February 1, 2013, plaintiff obtained a Convertible Promissory Note for $42,500.00, upon which there is a principal balance of $5,000.00. Digital Brand executed a similar note to plaintiff for $37,500 on April 25, 2013, which balance remains unpaid. The third note for $32,500.00 was issued to plaintiff on June 5, 2013, and the principal balance is $32,500.00. Plaintiff seeks a judgment for $75,000.00 and an additional $37,500.00 as claimed lost profits plaintiff would have realized had the stock in lieu of cash been made available to them in accordance with the conversion notice.
5,000
37,500
32,500
75,000 Add 37,500 = $112,500
What was the settlement amount?
DBMM paid $65K in June 2018, following $25K initially for a total of $90K Are you calling Love*Stink a liar?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154081909
How is that a 50% discount exactly Poopy Pants?
This is where you change the subject or hide... as always!
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