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Re: pantherj post# 45911

Monday, 11/21/2016 10:51:54 AM

Monday, November 21, 2016 10:51:54 AM

Post# of 82619
Sorry to inform you but that is simply wrong. Shareholders should be advised that a legal matter is cleared up but is not absolutely necessary in a non-reporting company. In any case, how often do you see in an 8-K or 10-K that "Company A has settled a legal dispute with Party B. Terms of the settlement were not disclosed but it is expected that the settlement will not materially affect the balance sheet of the Company." It happens all the time.

The terms of this settlement were sealed by the court. If Marc discloses the terms of the settlement to me privately or to the world publicly, he can be held in contempt of court. He is not willing to risk that just to make shareholders (or a non-shareholder) happy. He just says he is happy with the settlement and that is good enough for me.

One could easily demonstrate this by asking JS or SA to release a public statement of settlement details on their Absorbezz website and see if one gets a response. I would bet that we don't....