Replies to post #4130 on Hangover Joe's Holding Corp. (fka HJOE)

[brigar6]

Lux I didn't really expect the "phone cut off" comment to be considered news.

If you read the post that I commented on, you might have picked up on it

It was in response to a post inquiring if HJOE tweeted where the 10K was..

Did HJOEE tweet where the 10-K was? EOM

And I concur with you on one thing,

they raised around 250K in the last month or two. I doubt many people will read this it is very lengthy

Normally I would question anyone that would invest in something and NOT read its info, but for some reason I think here your right

[flaflyersfan]

Luxeguy, the numbers in the HJOE 10-K are shocking;

-$2,882 in cash
-$0 in Accounts Receivable (nothing sold waiting on payment)
-$0 Inventory
-$0 in Prepaid Expenses

and

-$2,637,791 in Liabilities

Here is the strangest thing; remember when HJOE recorded a grand total of $4,125 in Net Sales in the 3rd Quarter 2013? Well HJOE reported $322,120 in Net Sales through the 1st 9 months of 2013.

HJOE reported Net Sales for the 12 months of $264,796. Not only did HJOE not sell any products at all from Oct 1-Dec 31, 2013 they somehow lost $57,324 in Net Sales they already recorded.

How this stock is not .00 yet is amazing especially with all of that convertible debt looming. These lawsuits could be the end of HJOE;

ITEM 3. LEGAL PROCEEDINGS

Plaintiff Name(s) Defendant Name(s) Case No. Jurisdiction Basis of Suit and Amount
GP Logistics, Inc. Hangover Joe’s Inc. and Hangover Joe’s Holding Corp., f/k/a Accredited Members Holding Corp. by merger 2014 County Court, County of Arapahoe, Colorado Plaintiff seeking $5,495.95, plus costs

Basis of Claim: Unpaid Freight Services
Private Label Neutaceuticals, LLC Hangover Joe’s Inc. and Hangover Joe’s Holding Corporation 2014 C 00658-6 State Court of Gwinnett County, State of Georgia Plaintiff is seeking $63,201.88 plus interest

Basis of Claim: Breach of Contract for Goods and Services

Case in process of being moved to Federal Court

Counter claim for performance filed.
TCA Global Credit
Master Fund, L.P.,
a Cayman Islands limited partnership Hangover Joes’ Holding Corp., a Colorado Corp., Hangover Joe’s, Inc., a Colorado Corp., and Michael Jaynes, an Individual 13-62703-Civ-Dimitrouleans/SN U.S. District Court for the Southern District of Florida Plaintiff seeking $461,568.63 in damages, plus interest

Temporarily stayed for settlement negotiations

Basis of Claim: Breach of Credit Agreement from 2/15/2013
One Source, Inc. Hangover Joe’s Holding Corp. and Hangover Joe’s, Inc. 2013-CV-1572 Circuit Court
Williamson County, Tennessee Plaintiff is seeking $24,949.93, plus court costs

Plaintiff’s Cause of Action is for unpaid Printing services

Judgment entered in favor of plaintiff

http://www.sec.gov/Archives/edgar/data/1388132/000107997314000289/hjoe_10k-12311.htm

Good luck.