Being able to look through the new case records now, it appears most was a rehash of earlier records. Though additional evidence was submitted. So this will mainly be rehashing the Acembly and SNGY relationship. Something that will be of great value to understand once SNGY goes under ACCA as we have been believing.
Going through the new records, here are some highlights. I have already reported on most of this here on ihub during original release of records. So none of this is ground breaking unless your seeing for the first time.
Evidence of Acembly going under SNGY:
"Bearden further represented that Defendants would open a new Acembly bank account and that all Acembly Payroll would be handled by defendant SYNRGY CORP (“Synergy”). On or about June 23, 2020, Bearden emailed Kennedy a confirmation of a money transfer made by Defendant B&D Consulting, LLC, to Kennedy for purposes of closing the deal (“June 23rd Email”)."
Additional evidence of Acembly/SNGY connection:
"On or about June 25, 2020, Kennedy, on the one hand, and
Synergy, on the other hand, executed a Stock Purchase Agreement(“SPA”). Notably, Synergy was party to the SPA, and not P3. This was despite the fact that the LOI was entered into by P3, and negotiations which occurred during the Exclusive Negotiation Period were between P3, through its agents, and Kennedy on behalf of Acembly."
Where many of those restricted SNGY shares are going:
"Under these employment and consulting agreements, Plaintiffs were to receive required funding every 2 weeks, health benefits after 90 days of execution, and stock options in Synergy."
Showing the integral involvement of Jeff at P3 partners. Again helping in the idea of P3 being involved with ACCA (acquisition? Partnership?, etc...). Additionally shows the agreements being signed with SNGY:
"These agreements include, but are not limited to the: Employment Agreement of Asadoorian (“EA”); Consulting Agreement of Kennedy(“CA”); and Consulting/ Contractor Agreement of Exirsoft (“CCA”)(collectively, the SPA, EA, CA, and CCA are the “Agreements”). The Agreements are all signed by Bearden, on behalf of Assembly and Synergy. The CA and CCA both provide that any notices to Acembly shall be sent to Bearden at his P3 email address."
Jeff's business partner "Joe Meuse" shows up again and this time shows more connection with P3:
"The Complaint also states facts sufficient to establish that Meuse, who met with Kennedy in California, was an apparent agent of P3. Plaintiffs allege that Bearden sent Meuse to the forum during the Exclusive Negotiation Period between P3 and Plaintiffs. (Complaint at ¶ 30.) Plaintiffs further allege that following Meuse’s meeting and negotiations with Kennedy in Pasadena, California, Bearden contacted Kennedy to inform him that “Meuse was impressed with Kennedy” and that Bearden considered it his job to make sure Acembly would have sufficient capital to grow."
P3 and Acembly had prior interactions before the process of buying started:
"P3 owes Plaintiffs money from prior transactions, which P3 promised to pay, and which still has not yet been paid despite
being due and owing."
AI
