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Re: PhenixBleu post# 171396

Sunday, 11/17/2019 1:07:28 AM

Sunday, November 17, 2019 1:07:28 AM

Post# of 203913
The post that I-Glow responded to was indeed from 1.5 years ago, but the issue is still current.

The following is from the 10-Q that came out this past week:

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

There have been no material changes to the legal proceedings to which the company is a party included in our annual report on Form 10-K for the year ended December 31, 2018, filed with the SEC on April 1, 2019.

ITEM 1A. RISK FACTORS

There have been no material changes in the risks facing the Company as described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on April 1, 2019.

The risks described in our Annual Report and this Quarterly Report are not the only risks facing our company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.


The fact is that until we hear otherwise, OWC is still a party to the legal proceedings. As I-Glow pointed out, if the SEC investigation had been completed, the company would have immediately filed an 8-K to announce that the investigation had been completed and that they concluded there was no wrongdoing. Regardless, as can be seen in the latest 10-Q, there have been no material changes to the legal proceedings since they were filed.

"They received what they requested". Do you know specifically what was requested and what was received? I don't think you know any of this other than the lies that you may have been provided directly by the stooges at management.