InvestorsHub Logo

Coz Mabluda

08/25/15 5:21 PM

#35500 RE: StockGapper #35466

Capital. Why didn't they just pay back what they owed and prevent all these lawsuits ?
Seems like everybody & his dog are suing OWOO.
Appears to me like OWOO are a bunch of pikers.
What am I missing here ?
The CEO is a heroine just because she's getting her company to pay their bills...... gimme a break.
Guy pays the barber for his haircut and he's a hero ??????

Voices of Reason

08/25/15 5:30 PM

#35502 RE: StockGapper #35466

Paying back what they owe....and how do you suppose they will make that forced payment without further dilution?....the latest quarterly report shows that management broke into the piggy bank holding $604 in petty cash in December is now gone ($0).

Default Judgments (ordered and pending):
LG Capital = $296k
Gel Capital = $98k
Darling = $58k
WHC = $416k

Total = $868k

Total declared alleged Gross Sales for the year will just about cover that (before cost of goods, interest expense, corporate G&A, etc).....