Java Detour, Inc (fka JVDTQ)

[madstockscientist]

100K penalty is not friendly...and forebearance is not a friendly process...it sure seems like that is what is going on. Basically it is loaning more money so you dont lose the money you loaned in the first place, charging loan shark interest rates to do it. Their last 10Q showed they had some decent cash on hand, and they just sold two franchises for one million each, I dont know why they would be short on cash. Also these numbers dont jive with the loan schedule on their 10Q....I wonder if there was a default clause of some sort that kicked in and required pre-payment of outstanding loans.