Replies to post #8191 on Hangover Joe's Holding Corp. (fka HJOE)

[Luxeguy]

I had a conversation last Wens with Matt Veal and he told me that the company is working on capital as presented in the last Q and his first order of business is to buy out the toxic loans. Anyone can email him and he will tell you the same. I predict large funding coming and I also predict large chain authorizations and regional chain authorizations in 2015. This will all come to past in 2015! Veal said this is our first order of business to get this stuff gone when funded. Feel free to email or call him to confirm. I actually email or call the guy I don't say what I think is the facts, I ask him. If you get this funding are you getting rid of this toxic debit. He said this is my first order of business. I would ask anyone who wants to know to just email the company or call Mr. Veal he always make time to speak and is very open. flaflyersfan do you ever speak to this guy before making these statements I just wonder? Since I am limited to one post I am answering you hear. I watch what Veal does not what he says and so far he been more than above board with me. He also has said many time the challenges the company has and is a straight shooter. For some reason you have an issue and angle with this company. They are real and fighters and flaflyersfan This brand is going to sell millions and land in some of the USA biggest chains the sell through and I know is that good and the product works. Veal will find the real capital and now with Barnum on board sales will continue to grow. You might not believe Veal but watch what he does not what he says. So far he turned this thing around and there selling and moving and its growing and Larry is promoting the heck out of this and Larry is growing as he grows so does the brand.

[DKW1000]

 
NOTE 9 – SUBSEQUENT EVENTS
 
On October 12, 2014 GEL Properties, LLC and Union Capital, LLC did not purchase their third tranches under the TCA Settlement Agreement (See Note 3) as there were not sufficient authorized unissued shares in the Company's treasury to meet the reserve requirements under the Settlement Agreement. No assurance can be made that the Company will be able to increase the authorized shares to the necessary amount, or if we were able to, that the settlement could be reinstituted or brought back what terms would be worked out. Accordingly, the TCA settlement is in default.
On November 5, 2014, the Company signed a consulting contract with West Coast Capital Consultants, Inc. (“Green Giant”) whereby Green Giant would represent it in search of funding under the United States Citizenship and Immigration Services Immigrant Investor Program known as EB-5. Under our arrangement, the Company paid an initial payment of $5,000 and issued 20,583 Series D Preferred Shares which are convertible into 100 shares of common stock each to the two principals of Green Giant.