FutureLand Corp (FUTL)

[1971]

Rx Safes, Inc. Announces Lawsuit Relating to Unauthorized Conversion of Debt against Kodiak Capital Group, LLC, BMA Securities and Island Stock Transfer
Feb 12 16
Rx Safes, Inc. announced that it has commenced litigation in Federal court against the parties involved in the previously announced unauthorized conversions of a debt instrument. The company filed the lawsuit in the Federal District Court for the Second Circuit in New York under case no. 1:16-cv-01095 against Kodiak Capital Group, LLC, Ryan Hodson, BMA Securities and Island Stock Transfer for fraud, breach of contract, conversion of property, and Rule 10(b)-5 Securities Fraud violations and expects to implead the New York State Attorney General's Office to monitor potential NY Penal Code violations as well as notifying FINRA and the SEC, to initiate their own investigations to determine if Kodiak Capital Group, LLC., BMA Securities and Island Stock Transfer violated regulatory laws or rules.