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 ??????
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).....