Visium Technologies Inc (VISM)

[RoamingBull]

"The court unequivocally ruled in our favor"

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