Replies to post #218080 on Digital Brand Media and Marketing Group Inc (DBMM)

[cardmaster114]

********** ALLSTARS & HALL OF FAME **********
Corey S. Ribotsky, Seth Kramer, and David Blumenfeld


Welcome to the Asher Board.
The purpose of this board is to discuss pennystocks that are funded by
CONVERTIBLE NOTES and the effects they can have of the price per share.
You decide whether or not you want to run away or stay and play.
you may also vent and tell stories of the last crAsher stock you were in, or are currently in.

Asher Enterprises, Inc - toxic debt financier
Has Asher Enterprises Inc become the most common and most toxic of the penny stock financiers?
Doing a search through SEC reporting companies brings up the name Asher Enterprises Inc almost 800 times since March of 2010

http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=%22Asher%20Enterprises%2C%20Inc%22&isAdv=false

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
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.

Asher Enterprises Inc. involved in smaller sized financing agreements that do not require S-1 filings.
Common factors in Asher Enterprises Inc financing agreements are really high interest rates and especially ugly conversion ratios.
The terms of most Asher Enterprises Inc Notes allow Asher to convert their debt into free trading shares at a 60% discount to the 3 worst closing prices over the previous 10 trading days.
Taking the 3 worst closing prices over the previous 10 trading days can often translate into
Asher Enterprises Inc getting their shares at well below half of the market price.

These kind of toxic debt arrangements are the most damaging type of financing arrangements
because of the high amount of interest the Notes accumulate and the huge discounts given on the shares issued to the Note holder.

The lower the share price goes the more profitable these toxic debt agreements become
for the Note holder like Asher Enterprises Inc. Because of this there is incentive for the Note holder
to short the stock to drive down the price before converting the Note into free trading shares.
After converting the Note into shares the interest changes to pumping the stock to attract buyers
to try to sell those shares at as high a price as possible.

The Note holder will often times pay for a promotion to facilitate the dumping of their shares.
This brings in unsuspecting investors who have no idea they are about to get dumped on probably causing them great losses.