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bernardsamuel

10/14/15 10:24 AM

#4817 RE: diannedawn #4816

Excellent observation, diannedawn - I've noted in earlier posts that the effective annual interest rates on some of these loans has been in excess of 100% per annum. Of course, the rate needs to be so high as to compensate for the frequency of default on these loans. ...and that takes us back to my observation that the company's first order of financial business is to refinance lots of this short term debt into longer term instruments.

Again thanks and have a good day!

RPH9878

10/14/15 11:19 AM

#4819 RE: diannedawn #4816

And did any of those tickers actually have any sales? I remember them all being nothing's. Vhub has tangible product and sales. I know because I carry their products.

hostastock

10/14/15 11:23 AM

#4820 RE: diannedawn #4816

It's bad if the company would not pay them back. But if you read more you would see the loans have been getting paid on a monthly basis. These are also the people involved in that little p&d in the beginning as Bernardsamuel pointed out in a previous post vhub is well aware of the wrong doings and will fight any future problems.

Good look though.