The SF District Court case
did not involve Noveshen. He sued ECMH in New York. Some claim that he loaned coin to ECMH. It was part of his NIR finder fee when they funded ECMH. ECMH didn't even bother to respond in that one.
ECMH CEO Robins and Noveshen had a little "working relationship". Once Robins was ousted Noveshen was too. He sued and they ignored him.
"On June 16, 2006, we issued Envision Capital a one-year $110,000 promissory note. The note bears interest at 8% per annum. In connection with the loan, the Company issued Envision 400,000 five year warrants to purchase common stock at $.25 per share. The transaction was made pursuant to section 4(2) of the Securities Act and is exempt from registration."
"On July 1, 2006, we issued Envision Capital a one-year $30,000 promissory note. The note bears interest at 8% per annum. In connection with the loan, we issued Envision 175,000 five year warrants to purchase common stock at $.25 per share. The transaction was made pursuant to section 4(2) of the Securities Act and is exempt from registration."
