Newlead Holdings Ltd. (fka NEWLF)

[GaryJPalys]

A lot of people think that the Transasia vs. $NEWL lawsuit is over because $NEWL admitted that it breached the contract, but it is far from over.
That was just count 1. There are 3 more counts!

Count 1 "Breach of Contract Against Newlead JMEG" Settled...

Newlead JMEG admits they breached the contract. Partial summary judgement has been awarded to Transasia.

Count 2 "Common Law Fraud and Fraudulent Inducement Against All Defendants" Pending...

This one should be easy! Anyone who has done their due diligence knows that Newlead Holdings is a scam company that just steals from it's
shareholders without any regard. Zolotas and Berkowitz are master manipulators when it comes to financial schemes! It was even mentioned
in a email between Zolotas and Turko that are now part of court documents!

Count 3 "Civil Conspiracy Against Zolotas and Berkowitz" Pending...

The definition of Civil Conspiracy is "A civil conspiracy or collusion is an agreement between two or more parties to deprive a third party of legal
rights or deceive a third party to obtain an illegal objective." I don't understand enough about this to comment on it.

Count 4 "Alter Ego" Pending...

This one is exciting because it will show how Zolotas and Berkowitz move cash and assets between Newlead Holdings and all of it's shell
companies to avoid creditors and "cook" the books to prop up their financial statements.