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I just got off the phone with the Clerk of Court and was informed the mediation was not settled. That is a matter of public record you can call yourself.
I wonder if they settled the case? We could probably find out from the clerk of the Court.
That is precisely the point thank you.
What about Cngt merger?
I would have to read the complaint.
I would have to read the complaint.
The question is what kind of mediation is this: Binding or Non-Binding. If not binding then may be able to set it for trial, which protracts the litigation. My opinion do the merger. Just my opinion could be wrong, but way let us all wait since the stock could become very valuable.
However, if they lose the investor has the leverage.Thanks for your posts
I am just wondering if the merger can go ahead anyway. In reason, the share price should increase to a point where a settlement can be easily reached. Sello might be right, the merger may be the result of the lawsuit. However, it came after the lawsuit and may be a way to end the litigation. Honestly, I have no idea.
The Sanguine Group LLC v. Recommerce Group, Inc. et al
New York Eastern District Court
Judge: Frederic Block
Referred: Anne Y Shields
Case #: 2:20-cv-06068
Nature of Suit 190 Contract - Other Contract
Cause 28:1332 Diversity-Other Contract
Case Filed: Dec 14, 2020
Docket
Parties (3)
Docket last updated: 05/31/2021 11:59 PM EDT
Tuesday, May 18, 2021
adr Selection of Mediator Tue 05/18 9:58 AM
SELECTION OF MEDIATOR: Richard Mancino selected as Mediator. The first mediation session will take place on June 2, 2021. Fourteen days on or before the session date, counsel shall file with the Mediator their client's mediation statement summarizing the facts, legal issues, particulars of any prior settlement discussions, and the name and title of the client or client representative with full settlement authority who will attend the mediation in person. Attendance in person is required of the trial attorney, insurance adjuster, and client or client representative with full settlement authority. The Confidentiality Stipulation must be signed at the mediation session by all participants and the Mediator and returned via e-mail nyed_adr@nyed.uscourts.gov or fax (718) 613-2333. Contact information for the Mediator is on the docket sheet. Upon completion of the mediation, both parties must submit a Mediation Report which can be found at: https://www.nyed.uscourts.gov/adr-forms. The Mediation Report must be e-mailed to nyed_adr@nyed.uscourts.gov within two weeks following mediation session. Report of Mediation due by 6/16/2021. (Priftakis, Tina)
Does anyone know how to check on the results of the arbitration?
No doubt research is the key. Thanks, Sello and everyone else. May you all make a mil.
If the merger goes through and the day traders push it, yes this has the potential for a ten bagger.
Thank you Jim
How do you know this company is in dire straight?
Where did you find Apex was evicted from there building?
Thank you very much.
What did Sello just discover
Problem is anyone could put anything on LinkedIn. However, if this is true and the day traders push it the skies the limit. Thanks for your posts.
I just wanted to confirm they were there and yes I should have asked how big the space and amount of workers. But it is a sat office. I you want the phone number send me your email if that is possible and I will also give the name of the person I talked to.
The realtor is Cushman & Wakefield contact Patrick McBride. Thanks for bringing up this issue. I hope it helps in your decision making.
I just confirmed that Recommerce is at the Old Silver Spring Road location with their realtor.
As an attorney I take nothing for granted. Yes, you're an excellent researcher but when I find out something I will put it on the board. Thanks as always for your posts which are very informative.
So far except for Recommence has said they have a satellite office no one I have talked including the Township has heard of them. I am still checking.
I now have a call into the alleged parties who rent the warehouse. I will let you know what they say.
I called the township where Old Silver Springs Road Warehouse is, however they did not see Recommerce Group Inc listed as a tenant. They could be a subtenant. I do not know.
What was the name of the person you wired to?
Like I said call the owner of the building and ask who they are renting to. That would be the most accurate information.
I called Re commerce and was told by a person who answered the phone that there are 5 tenants in that building, and it is only a satellite office where people are processing goods. No I did not ask there but if there is a way you could find out the owner of the building they could confirm they have a place there. Thanks for bringing this issue to light.
Based on your research does this appear to be a scam, since I do not see a location in Pa?
Sello is this a scam based on the information presented? Does your research conclude otherwise.
That is what they said.
I contacted the store supply and they never hear of Recommerce.
I just called Recommence and asked someone to call me back and give out the phone number to the Pa location.
If they really do have revenues of 6 million and the day traders get on the bandwagon when news come out this will be a big winner.
If they really do have revenues of 6 million and the day traders get on the bandwagon when news come out this will be a big winner.
Thank you Sello
There is a Recommerce company in Grapevine Texas however, that is not Recommerce Group it is Dallas Gold and Silver Exhange. Perhaps covid 19 stopped the expansion. But it appears they have only three locations, unless they are supplying other stores in this area. So lets stick to the facts. Secondly they are not a multimillion-dollar company their sales where 1.2 million.
I did find the following:
Company Name: RECOMMERCE GROUP, INC.
Entity Type: FOREIGN BUSINESS CORPORATION
File Number: 6564773
Filing State: Pennsylvania (PA)
Domestic State: Delaware (DE)
Filing Status: Active
Filing Date: June 6, 2017
Company Age: 3 Years, 11 Months
Principal Address:
Map Icon spacer 270 Old Silver Springs Road
Mechanicsburg, PA 17050
I will call and get the locations since I did not find Recommerce in Dallas or Ontario Calif. My feeling is these locations have not opened yet.The website basically says to be open.
Not strange if it's a scam. You mean there are no addresses at all for this company, and no multiple locations!!!!