I can't believe I'm going to defend Collier, but if you do have the ability to convert and sell with a 10% leak out provision you agreed to and signed for it really falls on you.
Also, you are required to do your own due diligence on the company and given that it is publicly traded, those disclosures are readily available in the annual report, which include "going concern" about the company's ability to continue operations, etc.
Alan's attorney is making threats because you are posting on social media which could hurt their ability to raise money and thus also pay you back.
I do not know your situation, whether you were provided confidential information on which you relied upon to invest which was fraudulent, or if you were not an accredited investor, or if your note is secured or not. What I will tell you is that you would not be the first to have to sue Collier for non-payment. Just reading through the filings shows this company is constantly mired in lawsuits, which is where probably a good portion of their funds goes to in addition to paying for stock promotion and Colliers salary and expenses.
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