S A M Trade Asia Pte. Ltd. (SMFX)

[Value Catalyst]

FWIW: "in which a $46,276 judgment was entered on May 5, 2008."

Taken out of 10-K from 2008:

We are the plaintiff in a case captioned PaperFree Medical Solutions, Inc. v. Kim Allbaugh and KMS, LLC pending in the Marion Superior Court, State of Indiana filed on July 27, 2007. Mr. Allbaugh is the former Chief Operating Officer of KMS. KMS, LLC is purportedly a limited liability company owned and controlled by Mr. Allbaugh. Our complaint seeks actual and punitive damages for breach of a representation and warranty and fraud by Mr. Allbaugh, the seller, in connection with our acquisition of KMS in 2005, and breach of a related employment agreement with Mr. Allbaugh and the office lease for our former premises with KMS, LLC. The case is not yet scheduled for trial. The defendants have filed counterclaims for unspecified damages from breach of contract and fraud, including a separate case against KMS in which a $46,276 judgment was entered on May 5, 2008. We intend to seek to have this default judgment vacated.

I'm assuming they never won their suit.
And "We intend to seek to have this default judgement vacated"...I assume this never happened either , otherwise they probably would have reported it to shareholders. ~$46k judgement, racking up interest over the past 10+ years...don't know how excited buyers for this shell will be once they find that out. I respectt the heck outta Lazar, but don't think he did his full DD on this one. Perhaps I'm wrong, but I see this one ending ugly imho. Glta