Infrax Systems Inc (IFXY)

[Cardio]

10k:

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Item 3. Legal proceedings
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(b) We have filed a Federal lawsuit against Lockwood Worldwide and its owners, current and previous management in the UNITED STATES DISTRICT COURT, SOUTHERN DISTRICT OF FLORIDA.
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As of filing of this 10/K, we are planning on mediation in October 2014, ordered by the federal court, to settle the case for monetary considerations.
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As of the filing of this 10/K, Infrax is in the process of certification of its flagship product with ANSI and Itron.
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14. Subsequent Events
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As of the filing of this 10/K, Infrax is in the process of certification of its flagship product with ANSI and Itron. FCC and ANSI certifications are complete, as of this filing, and the Company is waiting for relevant documentation and certification number. ITRON will be the next stop in finalization of certification process in which we hope to achieve shortly after the filing of this 10/K.
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From:
http://ih.advfn.com/p.php?pid=nmona&article=63851930

IFXY