InvestorsHub Logo
Followers 93
Posts 8868
Boards Moderated 0
Alias Born 05/06/2014

Re: PhenixBleu post# 284841

Friday, 02/23/2018 2:48:14 PM

Friday, February 23, 2018 2:48:14 PM

Post# of 298910
Case Update - MyECheck v Ken Maciora et al.

A Motion for a Protective Order was filed to protect the company's business relationships with customers and suppliers. It is Entry #234. The Motion hearing has been set for March 22. A Tentative should be available the afternoon of March 21.

Ken Maciora has been using the discovery process to request access to MEC's confidential and proprietary contracts with UBA, Tangiers, and Chicago Ventures. The CEO is stating that access would cause irreparable harm to the company.

Reading the filings will help anyone recognize the true purpose of this Motion. It has nothing to do with what Maciora knows today, the real estate conspiracy theories floating around, or perceptions of fraud on the part of the CEO. It's about keeping Maciora from causing further harm than he has already done to the CEO, the company, and its shareholders.

For Maciora's part, he is looking for information he can use to support his improper and invasive actions with these entities. I have seen the email he sent to Tangiers. I believe there is nothing in a funding agreement between MEC and Tangiers that can support Maciora's voice and written communications with Tangiers.

Here is a blog post with further insight into Protective Orders during Discovery.

http://www.legaldocspro.net/blog/protective-order-in-california-regarding-production-of-documents/

MyECheck v. Ken Maciora et al

Securities Fraud, Breach of Contract, Breach of Fiduciary Duty, Intentional Interference with Prospective
Business Advantage, Intentional Interference with Contractual Relations, Business and Professions Code 17200, Declaratory and Injunctive Relief

https://services.saccourt.ca.gov/PublicCaseAccess/Civil/SearchByCaseNumber

Year Filed 2016 and Case 00202624


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.