Jehu Hand/Hand & Hand
Lots of interesting companies
Name: Jehu Hand, Secretary
NOTE 9 – LITIGATION
Except as set forth below, as of September 30, 2011 the Company is not aware of any current of pending litigation which would effect the Company’s operations.
On March 18, 2011 (filed on March 30, 2011) all claims against the Company in the case styled: Advanced Multilevel Concepts, et al. v. VitaminSpice, et al. (California Superior Court, Orange County, Docket Number 30-2010-00423757, filed November 18, 2010) were dismissed on jurisdictional ground. On June 8, 2011 Plaintiffs re-filed the previously dismissed case in California in Federal Court in the Eastern District of Pennsylvania, Case, CV-113718. The Company has filed a motion to dismiss the entire case and has asserted multiple counterclaims against Plaintiffs and third party claims against Jehu Hand, the company’s’ corporate counsel until his termination for cause in July 2010. The company will aggressively pursue this litigation, defenses and counterclaims, against Jehu Hand, Jehu’s Shell Company’s, Ken Nail and Irv Pyun.
On August 8, 2011 Jehu Hand, Jeremiah Hand, John Robison, IBT South Florida / Ray Suprenard, and Esthetics World Filed an involuntary Bankruptcy Petition (United States Bankruptcy Court Eastern District of Pennsylvania Case No 11-16200MDC) The company believes this petition has no merit and was filed in bad faith. The company has moved to dismiss the petition on multiple independent grounds, and has sought sanctions against the Petitioners. Jeremiah Hand claimed $262,701 from a default judgment in a North Carolina Court ( 11 CV 000507). This Default Judgment has been set aside as of September 6, 2011 by the Judge in North Carolina. In all cases there are disputes regarding the petitioners. The company will pursue this litigation aggressively and has requested Sanctions in papers filed with the court. The company has discovered a significant relationship between Jehu Hand and Kevin Lee Woodbridge who was incarcerated on securities fraud by the SEC.
As of September 30, 2011, two pending suits existed as against the company as follows: (i) On March 9, 2011, a legal action was commenced in the General Court of Justice, State of North Carolina, County of Orange captioned Learned J. Hand v. VitaminSpice, et al. (Docket Number 11 cv 000507). The suit alleges violation of Article 8 of the Uniform Commercial Code with regard to a “stop order” placed on 50,000 of stock of the plaintiff. The company was not served properly, and plaintiff has agreed to vacate a default judgment (ii) Robison v. VitaminSpice, et al. (Supreme Court of Pennsylvania, Court of Common Pleas, Chester County, Docket Number 10 13170, Filed November 1, 2010). The Plaintiff alleges that is had an agreement with the Company whereby it loaned the sum of $50,000 to the Company and that the Company has failed to repay the loan and issue 50,000 shares of the Company’s common stock to the Plaintiff. The Company disputes the enforceability of the alleged agreement and believes the suit has no merit and has asserted numerous defenses