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Monday, July 06, 2020 2:09:41 PM
The Company filed a lawsuit against BMF Washington LLC ("BMF") and Peter Saladino ("Saladino") on January 21, 2020, in Multnomah County (Oregon)
Circuit Court, Case No. 20CV03528, seeking to recover $6,916,580 in damages for breach of contract and unjust enrichment and additional claims in the
amount $4,160,000 relating to misappropriation of trade secrets. A receiver was appointed for BMF causing a stay of the case against BMF. The Company
is seeking to collect its damages from the sale of BMF assets by the receiver. The personal claims against Mr. Saladino were removed to the Federal Court
for the Western District of Washington and Mr. Saladino filed an Answer on May 29, 2020, without asserting any counterclaims against the Company. The
Company filed an Amended Complaint against Mr. Saladino on June 18, 2020 adding claims for approximately $9.3 million, including fraud and
deceptive trade practices
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