Xtreme One Entertainment Inc (XONI)

[Adam1]

Locks,

It appears Justin Keener/JMJ regularly loans money to small companies in return for promissory notes that can be converted to shares at a discount after the maturity date. He gets large upfront fees and heavy interest. When the company doesn't pay, he liquidates converted discounted shares. Sounds like a typical high risk venture capital player to me. Where's the "crook" in it? Please elaborate.

Thanks