Replies to post #18007 on Aja Cannafacturing Inc. (fka AJAC)

[rosati0413]

Thank You Grizz ....I did not look at the 10Q...and that is a positive! Possibly they can get their act together and figure a way to pay off the note due in May too!

[I-Glow]

From the Asher/KBM note we find in the latest 10-Q:

On May 20, 2014, the Company executed a convertible promissory note for $53,000 with KBM Worldwide, Inc. The note bears interest at 8% per annum and is due on or before February 23, 2015.

It certainly seems the company can't keep all of the notes straight or they just put in whatever they want to.

From the 10-K we find:

Our outstanding loans with KBM are as follows:

Date Due Date Principal Amount

May 20, 2014 February 20, 2015 $53,000

So the note is due on February 20, 2015 - in the 10-K but now they also have it as $1,270 on February 20, 2014.

They never show how they have arrived at that number $1,270.

But, it has been a long time since I have seen as many convertible notes for a company.

IG

[Muskie Hunter]

What's up GRIZZ? When are you coming home? It's about to get HOT!

WE ARE BANKING HERE!