HyperBlock Inc HYBOF

April 24th Update - WTH?

[GoldBug666]

So they missed an interest payment and now their loans are being called?  $7M in total?  And Sean Walsh has resigned?  WTH is going on?  I guess that blows any chance of resuming trading.  Let me guess - creditor protection next.

[Moneyhungry11]

There goes our money...Sean realized this company was going to s***, so he called back his loans and quit. It's over...

[realitycheck00]

Not so fast....He missed an interest payment from himself to himself?  This aint going to happen.  Conflict of interest to the 10th degree.  

[GoldBug666]

It looks like there may have been somekind of internal disagreement and Sean is trying a 'poison pill' maneuver.  The news release is signed Roozbeh, the COO, maybe there's some type of power struggle - like how Hive had with Frank and Genesis? This is weird and out of the blue.

[Moneyhungry11]

I admire your eternal optimism, but regalrdless of the outcome we are in trouble and doubt we will be back trading anytime soon

[cryptosandweeds]

everyone should call the osc. the company had money to pay the loan from Sean to the company, it received funds from the bank of montana in a press release which sean used to buy new machines instead of paying off the loan. he used money borrowed by the company to buy new miners and now hes calling in his loan so hes going to take all the machines back for himself personally. he could have taken

[Moneyhungry11]

He basically received interest on his loan, took the machines and he will mine bitcoin on his own...he played a dirty game!