Replies to post #41647 on Hangover Joe's Holding Corp. (fka HJOE)

[Steven1973]

The company was under financial pressure after the packaging debacle with PLN when they took out these loans that may be looked at as predatory and illegal by the courts. Although millions of shares did convert, the company now has the resources to fight for their shareholders and try to prevent any more additional conversions. Just because you take money from a loan shark doesn't mean you have to keep paying the loan shark off. The company has previously stated that they will getting their returns in order by 2016 and that the future looks bright. By just filing and the stop sign coming down, the stock price could should up to .02 quickly IMHO

"The KBM lawsuit was over a very small amount of money - HJOE has already converted similar notes for hundreds of millions of shares which caused massive dilution for shareholders."

IG