ABHI Much more to come! Wait for it...
Item 8.01 Other Events.
On March 6, 2017, the Company filed a breach of contract claim against PC Drivers in the United States District Court, Western District of Texas. Austin Division. ( AmbiCom Holdings, Inc. v. PC Drivers Headquarters, L.P ., (Case No 1:17-cv-00204) (“ Second Texas Action ”). In the Second Texas Action, the Company alleges various breaches of contact relating to payments due and owing to the Company by PC Drivers, as well as impermissible uses of the Company’s intellectual property by PC Drivers, and is alleging damages in excess of $10,000,000.
My posts are NOT a buy/sell recommendation, Do your Own DD, before you buy any stock.
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