InvestorsHub Logo
Followers 5
Posts 183
Boards Moderated 0
Alias Born 09/18/2012

Re: Penny Machine post# 4065

Monday, 03/17/2014 5:30:58 PM

Monday, March 17, 2014 5:30:58 PM

Post# of 9998
From the 10-Q
On October 24, 2012, January 14, 2013, January 24, 2013, April 17, 2013, June 13, 2013 and August 29, 2013, the Company borrowed $32,500, $10,600, $32,500, $42,500, $32,500 and $27,500, respectively, from Asher Enterprises, Inc. All six notes accrue interest at the rate of 8% per annum. They are due on July 26, 2013, September 16, 2013, October 28, 2013, January 22, 2014, March 17, 2014, and June 3, 2014, respectively.

That 40+ million dump today was for the $32,500 Asher note that was due today. Not another due till June 3rd this year. Lets see this turn north now

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.