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Re: TJG post# 6469

Tuesday, 11/29/2016 3:40:21 PM

Tuesday, November 29, 2016 3:40:21 PM

Post# of 8579
Thanks for the link, good to see comparative analysis being done with others in the sector.

On another note, those who read the 10Q would have found that we have a court settlement date coming in February (we are the plaintiffs).

On November 4, 2015, the Company filed a lawsuit in the Superior Court of California, County of Orange, Case Number 30-2015-00818492-CU-BC-CJC against Kevin Crump, an individual, Magnavape, Inc. and Magnavon, Inc. alleging breach of contract, fraud, negligent misrepresentation, intentional interference with economic advantage and negligent interference with economic advantage relating to the production by the defendants of the Company’s AR Mods. The lawsuit prayer is for $3,000,000. This amount includes general damages, lost profits and punitive damages against the defendants. A mandatory settlement conference is scheduled for February 24, 2017 and a jury trial is scheduled for March 27, 2017.



Even if we are awarded a fraction of what is being sought (say $1m) it would still exceed the current market cap of the company, lol.

Buy-Hold-Retire before your old,

Knife