Ngen Technologies Holdings Corp. (fka NGRP)

[JediWar]

So the only part of Brian’s claim that you settled for 1 million shares at .38 is that you couldn’t deposit them? If you accepted them, then you settled. It’s up to you to sort out how and when to sell them, not the company. Atleast this is how the law sees things like this.

Simpler is if one sues McDonalds for a million dollars and the judgement is for a million in stock certificates or $250k in cash so they choose to go for 400% more and take the stock, then the person who gets them loses them as they blow out the window - well McDonald’s settled their end, but the stock is floating in the wind somewhere probably never to be deposited, because it’s impossible to do without those certificates.......same deal different set up, but the company and the other party SETTLED and the company fulfilled its end in the eyes of the law by giving the certificates and what happens afterward is not their issue.

Maybe the person suing McDonalds or dealing with an OTC should have demanded break even money in cash not trying to double or triple by accepting stock?

Who knows. Best of luck.

$LIBE