Monday, February 01, 2021 9:22:33 AM
FAIRFAX, VA / ACCESSWIRE / February 1, 2021 / Visium Technologies, Inc. ("Visium" or the "Company") (OTC PINK:VISM), announced today that it has won a dismissal of the involuntary bankruptcy petition that was filed against the Company in the Southern District Court of Florida on December 30, 2020 , which had been brought by three parties, (i) Tarpon Bay Partners LLC , (ii) J.P. Carey Enterprises Inc. , and (iii) Anvil Financial Mgmt LLC (collectively the "Petitioning Creditors"). [SL1]
The Court ruled in Visium 's favor, dismissing the involuntary bankruptcy petition and allowing Visium to file a motion with the Court seeking compensatory and punitive damages. In addition, Visium plans to file an affidavit of fees and costs incurred in connection with Visium 's defense of the Involuntary Petition.[SL2]
Mark Lucky , Visium 's Chief Executive Officer, commented, "We could not have asked for a better outcome to this litigation. The court unequivocally ruled in our favor. We plan to seek substantial compensatory and punitive damages and expect further clarity regarding the extent of such damages in the coming weeks."
https://www.otcmarkets.com/stock/VISM/news/story?e&id=1798635
Roaming Bull Investments
Recent VISM News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/30/2024 09:10:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 11:15:23 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:30:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2024 09:16:24 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 09:20:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 09:22:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/29/2023 01:28:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:30:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2023 09:10:42 PM
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • Oct 3, 2024 7:00 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM