VNUE Inc (VNUE)

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What happens when VNUE can no longer pay the principal and interest?:

https://law.justia.com/cases/federal/district-courts/new-york/nysdce/1:2021cv08103/567348/99/

https://law.justia.com/cases/federal/district-courts/new-york/nysdce/1:2021cv08103/567348/137/

T h e s e N o t e s a l s o h a d a d e f a u l t i n t e r e s t r a t e s e t a t t h e “ h i g h e s t ( n o n - u s u ri o u s ) r a t e f o r w h e n t h e B o r r o w e r m a y l e g a l l y c o n t r a c t u n d e r a pp l i c a b l e l a w , ” w h i c h a p p l i e d t o t h e p a s t d u e p r i n c i p a l a nd ac c r u e d i n t e r e s t o n t h e N o t e a s o f t h e m a t u r i t y d a t e o f t h e N o t e . T h e p a r t i e s a g r e e t h a t t h i s r a t e i s 2 4 % .

V N U E w a s u n a b l e t o p a y i t s o b l i g a t i o n s u n d e r a n y o f t h e O r i g i n a l N o t e s .

B e c a u s e V N U E h a s f a i l e d t o e s t a b l i s h t h e a f f i r m a t i ve d e f e n s e o f u s u r y , t h e P l a i n t i f f s a r e e n t i t l e d t o j ud g m e n t o n t h e i r b r e a c h o f c o n t r a c t c l a i m s .

Buy low sell lower.....