CV Sciences Inc (CVSI)

[DarthYoda]

Y'all might wanna double check that the "Mona Family Trust" isn't still in play. Another reason to consider the Monas as one entity...Senior, Junior, Wifey...

The California Superior Court found that Michael Mona committed fraud and awarded plaintiff Far West a $17.8 million dollar judgment against Michael Mona — both individually and in his capacity as trustee of the Mona Family Trust. In order to avoid paying the proceeds of the Judgment Mr. Mona wanted to file Bankruptcy but he couldn’t. He had previously filed in 1999 (case # 9912412) discharged on January 4, 2006. He therefore formed the “Mona Family Trust” and moved ALL his and his wife’s assets to The Mona Family Trust. However, The California court also found that Michael Mona Jr. was the alter ego of the Mona Family Trust, and that both Michael Mona Jr. and the Mona Family Trust were liable for damages awarded to Far West.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171295348