This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of July 21, 2015, by and between COATES INTERNATIONAL, LTD., a Delaware corporation, with headquarters located at 2100 Highway 34, Wall Township, NJ 07719 (the “Company”), and VIS VIRES GROUP, INC., a New York corporation, with its address at 111 Great Neck Road, Suite 216, Great Neck, NY 11021 (the “Buyer”)."
SUITE 216, NOT SUITE 301 of the supposed JAPANESE COMPANY, LOL !!!!
Curt Kramer is ASHER and was also among several other past "incarnations" - he is NOT running some Japanese industrial RUBBER "import/export" biz that just happens to be a PENNY LENDER HEDGE FIRM ON THE SIDE, LOL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
From the I-HUB Asher forum- with years of history on who/what companies have done "convertible debt deals" signed by thee Curt Kramer of hedge lender fame: "Asher Enterprises, Inc is a toxic debt financing company domiciled in Delaware, located in New York, and run by Curt Kramer.
ASHER ENTERPRISES, INC. 1 Linden Pl., Suite 207 Great Neck, NY. 11021 Curt Kramer, President
People may recognize the name Curt Kramer from Mazuma Holding Inc and Mazuma Funding Corp. Mazuma ran out of the same office as Asher Enterprises, Inc. While involved with Mazuma, Curt Kramer and his partner Charlie Mayo helped finance several penny stock scam companies."
It is NOT some "sub division" of some Japanese import/export company LOL !!!!
The long history of Curt Kramer (and his brother who now runs KBM Worldwide, ALSO a convertible debt lender to BHRT, SEE last 10-Q and 10-K)- their history is well, well known in penny, convertible debt lending circles, aka "toxic" floorless, convertible debt deals. ALL structured essentially the same, aka a "note" with a very high interest rate, then a STEEP share discount "conversion option" that has "reset" floorless provisions in it, usually worded something like "45% discount to the LOWEST of the prior 10 days closing price or Bid" blah, blah, blah- something like that. ALL the same. NOT some "Japanese" rubber company and NOT "bought 73 million shares on the open market" LOL !!!! Nope.
That's what the two KRAMER BROTHERS OF HEDGE FUND FAME do with their free time and mega bucks they've made lending to cash poor, cash desperate nano and micro cap companies, LOL !!!
Quote from the Hollywood Reporter article:
"In a statement, the Kramer Brothers, who are known on Wall Street as two of the largest investors in micro-cap companies, so-called penny stocks, said as “a pair of New Yorkers,” they wanted to “foster independent film and support talented filmmakers” with Remark."
They, Curt and Seth KRAMER run HEDGE FUNDS, CONVERTIBLE DEBT LENDERS TO PENNY STOCKS, LOL !!!!!!! NOT Japanese "rubber products" import/export companies supposedly "making big investments" in some 1/2 CENT stock, LOL !!!!
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