Let's set the record straight once and for all...
All documentation from OWCP Israel was turned over to John Kirkland in April 2021.
Everything..that includes financials..
So the idea that Mr. Turner has been holding anything up is bogus.
If you don't believe me..contact John Kirkland...He has admitted that they received all the information last April.
Kirkland's accountant hasn't attempted to contact Mr. Turner or anyone else formerly associated with the company since last April as well.
As far as the filing with the SDNY in NY, it will go nowhere because the claims filed are primarily based on the fact that Mr. Kirkland is trying now desperately to stop Mr. Turner from walking away with the IP.
Again, this in not even close to the truth.
Mr. Turner doesn't walk away with anything unless the insolvency court judge in Israel says so.
And as far as the claims being made in the SDNY filing, Kirkland missed several deadlines with the court in Israel and so the lawsuit in SDNY is now irrelevant and will go nowhere.
What is happening now is the following.
The 2nd hearing took place in the Haifa court on July 5/2021.
At that time the judge gave both parties( Kirkland was represented) 3 weeks to hammer out an agreement otherwise a trustee would be appointed with the express intent of dissolving the company and breaking it up.
Over the next few weeks, Kirkland made overtures that he was willing to get back pay to two former employees...Baruch and Sinai...
While this looked like a positive development in the end Kirkland and DGF never made good on this promise and it was nothing more than stall tactics to drag things out for another 60 days so Kirkland could possibly employ some other mechanisms to stop what is going to happen.
(bogus lawsuit with SDNY court)
The judge saw through this and now things are in the final stages.
The court here in Israel is in recess but will be coming back for the fall session.
At that time the company will be broken up and dissolved.
Mr. Kirkland and DGF are finished as is OWC the company(Israel) as we know it.
Kirkland has been in control of OWCP and had all documentation at his fingertips for a very long time.
During that period DGF has made zero attempts to put the company back together as a going concern..
They have never had any interest in running the company and looking after the shareholders as has been implied many times.... Kugelman will bring the company back.
That is false... Kugelman was never anything other than a rented name.
DGF's only interest was to get control of the company so they could somehow increase the shares and then convert preferred shares and dump them into the market....that is it!
In past posts here it was explained by other posters that there were only 2 ways that Mr. Kirkland could have gained control of the company in order to be able to increase the shares...those are a proxy vote with current shareholders or a formal restructuring of the company where the articles of incorporation are amended and more common shares are made available so the preferred shares can then be converted.
DGF did neither of these things yet issued filings that purported to represent the fact that they controlled almost 100% of the company.
If these filings and DGF's assertions were ever even close to reality then why has John Kirkland and DGF done absolutely nothing?
The vilification of certain people here in Israel clearly shows that the information being posted blaming Mr. Turner for example is not only misguided but has no basis in reality.
Once the fall arrives the final act in the OWC play will end and this will be over once and for all.
The action in the SDNY court will fade away in exactly the same way as the court action in the Chancery court in Delaware faded away.
The end is nigh.
