ATTENTION: ALL COMMON SHAREHOLDERS OF GROGENESIS, INC.
We are part of a group of GROGENESIS, INC. (“GroGenesis” or the “Company”) investors. Recently, our attorney sent the Company and officer Richard Kamolvathin and Officer/Director Michael Samp a demand letter for return of all our original investments plus interest made to GroGenesis over two years ago.
We are alleging that the Company and its officers fraudulently induced investors to purchase GroGenesis securities by failing to disclose , and that Messr. Kamolvathin and Samp continue to grossly mismanage the Company in violation of their fiduciary duty to the shareholders. Our attorneys believe that these acts by GroGenesis violate the federal securities laws, state corporate law, and others. Further, we believe that Mr. Kamolvathin personally failed to disclose that he holds certain stock of the Company anonymously in nominee form. In addition, despite due demand, the company refuses to deliver to shareholders the stock certificates representing our lawful ownership of GroGenesis common stock.
If you have similar complaints about the Company’s mismanagement and fraud, and/or you are a GroGenesis shareholder who may have invested under similar circumstances, or are concerned with the way the Company has been managed and would like additional information regarding your rights as a shareholder and your ability to seek remedies against GroGenesis,
AI
