Followers | 272 |
Posts | 21703 |
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Alias Born | 10/01/2004 |
Tuesday, October 10, 2017 11:14:10 AM
OWC PHARMACEUTICAL RESEARCH CORP. AND SUBSIDIARY $OWCP
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (cont.)
NOTE 4 -
SUBSEQUENT EVENTS
On August 10, 2017, the Company filed an action in the Supreme Court of the State of New York, New York County seeking to recover unpaid shares due the Company from former employees Ziv Turner, Uri Geller and Dubi Kochvar. The lawsuit also seeks an injunction to restrain the sale/transfer of 2,104,480 shares of the Company’s common stock issued to Ziv Turner by a transferee, Jeffrey Low, and further seeks to rescind the transfer of shares from Ziv Turner to Jeffrey Low. The action is currently pending and is in the pleading stage.
PLEASE DO NOT TAKE MY THOUGHTS/POSTS AS BUY or SELL RECOMMENDATIONS, I AM NOT A PAID PUMPER, JUST A TRADER WITH A LOVE FOR BOARDS :-)
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