Exactly, it's one thing just reading the filings, but you should make an effort to comprehend what you read. For some reason, even though it states in the 10K that the accredited investor mentioned in the 2/3 pre14c only invested $375K, you think it was $825K. In fact, you list funding in 2013 that adds up to over $1 Million yet the company themselves say they raised $640K so you're clearly not understanding what you're reading. Last year's funding is irrelevant anyway since HJOE's had less than 3K left at the end of the year so all that money was spent with absolutely nothing to show for it.
"yes Hjoe has raised more capital per the annual report and as I pointed out in a prior post if you read the February 3rd pre 14c on page 3 they raised 1,000,000 from an accredited investor of which they have collected $825,000 and they also raised a little more capital from a couple other sources...."
On April 12, 2013, the Company executed a term sheet with an accredited investor (“Investor”) for a proposed investment of $1,000,000 in the Company in exchange for 15,000,000 shares of common stock, 5,000,000 shares of Series C Preferred Stock, and warrants to acquire 500,000 shares of common stock at $0.12 per share for a period of five years. The warrants may be redeemed by the Company if certain conditions are met, including that the shares underlying the warrants have been registered and the common stock trades at or above $.20 per share for 20 trading days. The first tranche of $500,000 is to be deposited on or before April 17, 2013 in exchange for 15,000,000 shares of common stock and warrants to acquire 250,000 common shares described above. The second tranche of $500,000 is to be deposited on or before April 26, 2013 in exchange for 5,000,000 shares of Series C Preferred Stock and warrants to acquire 250,000 common shares described above. As of April 11, 2014, the Company received $375,000 toward the first investment tranche.
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