Yup - never again....
On November 4, 2014, we were named as a defendant in a civil lawsuit filed by Darling Capital, LLC, ("Darling") a creditor of ours, in the New York Supreme Court, County of New York. The plaintiff filed a Motion For Summary Judgment in Lieu of Complaint the same day. The plaintiff alleges, among other things, that we defaulted on our obligations under a Convertible Promissory Note held by Darling. The complaint seeks, among other relief, judgment against us in the amount of $57,627. A settlement was reached on September 3, 2015, for the sum of $70,000, consisting of four payments with the final payment due on November 20, 2015. The first payment of $10,000 was made on September 9, 2015. No other payments have been made.
On December 3, 2014, WHC Capital, LLC filed a complaint against the Company, requesting $416,000 and alleging the Company's breach of contract and failure to deliver 22,545,900 shares of common stock pursuant to requested conversions of two promissory notes totaling $65,403. On September 9, 2015, both parties agreed to a settlement of $130,000 in the form of seven payments. There are currently two remaining payments due under the agreement.
On February 11, 2015, LG Capital Funding, LLC filed a complaint against the Company in the United States District Court, Eastern District of New York alleging breach of contract, anticipatory breach of contract and conversion relating to three convertible promissory notes totaling approximately $186,158 in principal and accrued interest. Following various hearings, on August 7, 2015, the Company was ordered by the court to pay $296,086 in settlement for breach of contract on the three convertible promissory notes. We are in the process of responding to this order and intend to vigorously defend our interests.
Gel Properties, LLC v. One World Holdings, Inc.: STIPULATION AND AGREEMENT OF SETTLEMENT: Plaintiff, Gel Properties, LLC (GEP or Plaintiff) and Defendant, One World Holdings, Inc. (OWOO or Defendant) hereby enter into this Stipulation and Agreement of Settlement (the "Settlement Agreement"), subject to the approval of the District Court. IT IS HEREBY STIPULATED AND AGREED: 1. OWOO agrees and shall pay to GEP the sum of $98,000.00 in three separate payments and subject to adjustments pursuant to the terms of this Settlement Agreement (the "Payments"), as follows: a. OWOO shall pay GEP the first Payment of $20,000.00 on or before May 21, 2015; b. OWOO shall pay GEP the second Payment of $45,000.00 on or before July 2, 2015; c. OWOO shall pay GEP the third Payment of $33,000.00 on or before August 13, 2015, and the following as further set forth herein. The Parties agree that Judge Lorna G. Schofield of the Southern District of New York maintains jurisdiction of this matter, including this Settlement Agreement. (Signed by Judge Lorna G. Schofield on 5/6/2015)
201129542- 7
Default Judgment - Civil ALIEF INDEPENDENT SCHOOL DISTRICT vs. DANIEL, SARAH M (INDIVIDUALLY & DBA IMAGINE INTERN
5/17/2011 133 Civil TAX SUIT
200770109- 7
Disposed (Final) DUNSON-HARRISON, NATALYNN vs. ENGENYX SOFTWARE CORPORATION
11/14/2007 280 Civil BREACH OF CONTRACT
200037267- 7
Disposed (Final) COMPUTER MEDIA AND SERVICES CORPORATION vs. DANIEL, TRENT T (DBA CREDIT FIRST FINANC
7/26/2000 080 Civil SWORN ACCOUNT
072984101010- 3
Complete(C) The State of Texas vs. DANIEL, TRENT T. (SPN: 01334728) (DOB: 09/26/1972)
8/10/1996 184 Defendant: Disposed(D)
Disposition: Disposed(DISP) FORGERY (F)
955124401010- 2
Dismissed(D) The State of Texas vs.
DANIEL, TRENT T. (SPN: 01334728) (DOB: 09/26/1972)
12/1/1995 11 Defendant: Disposed(D)
Disposition: Dismissed(DISM) THEFT-$20-200-CHECK (M)
067117701010- 3
Complete(C) The State of Texas vs. DANIEL, TRENT THOMPSON (SPN: 01334728) (DOB: 09/26/1972)
8/5/1993 184 Defendant: Disposed(D)
Disposition: Disposed(DISP) CRED CARD-PRESENT-OTHER (F)
01-DCR-034138
The State of Texas vs Trent Thompson Daniel
01/16/2001
268th District Court Adult Felony - Filed by Indictment
Disposed FORGERY/SJF
CBS Outdoor Inc v. Trent T. Daniel dba Makeover Houston
11/19/2007
Supreme Court of the State of New York, County of New York
Plaintiff having moved this Court for Default Judgment, and this Court having entered an Order on October 16, 2007, directing the entry of Judgment in favor of Plaintiff and against Defendant, Trent T. Daniel, an individual, dba Makeover Houston, in the amount of $26,823.54, with interest from June 30, 2006 at the rate of eighteen percent (18%) until the entry of judgment.
