Replies to post #19283 on 4Cable TV International Inc (CATV)

[BruceLake]

I don't believe people think that it's OK to default on a loan agreement or that there is something virtuous about it.

We are talking here about loan sharks that think it's okay to act like vultures and cause a lot of pain in the process of dumping their free converted shares. Obviously somebody else agrees as well and that's why they are finally being dealt with. By saying this I'm not giving a free pass to the borrowers that seek out these lenders in the first place.

The CATV debtors that the Company is dealing with now entered into these conversion debt note contracts mostly in 2015.

[starstx]

If you read the answer to the complaint ... the share conversion notice and calculated the share conversion notice per the terms ... you would know there is all sorts of problems with the notice of conversion. They use the wrong price benefiting them by an additional 10% list and did not submit it by the recognizable delivery method per the SPA ... emailing it as an attachment is not one of them and there are a lot of legally recognizable ways they could have notified, such as, certified mail, courier service etc. Why were they so lazy when anyone in business knows the proper way to send legal documents that give you proof of delivery and receipt by the intended party, follow the terms of the SPA and would be recognized as properly delivered per tje SPA by the court.

That is some kind of lazy right there.