Cotton & Western Mining Inc. (CWRN)

[Anvil]

per Geo, most recent Q, since they appear to be lying about the texas case outcome, hard to tell if they are being truthful about arbitration. In any event, Geo currently is out of the iron biz and doing scrap metals, etc and losing money, but making a small gross profit.

On July 14, 2014, the Texas case on its merits was presented before a jury. The defendants did not appear at trial and the jury rendered a liability decision for Breach of Fiduciary Duty against Defendant, Cotton & Western Mining Company for their actions. Our attorneys have drafted the Final Judgment in the case asking for equitable remedies, which has been filed with the Court for approval and signature. As of the date hereof, we have not received a Final Judgment from the Court. The San Diego County action is still open, although no outcome can be determined at this time. In April of 2015, Geo JS Tech Group and Cotton & Western agreed to arbitration agreement in San Diego to settle the claims.