PHI Group Inc (PHIL): That's nice work. Kota has some issues...

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mythical_phenix

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mythical_phenix

Re: Sodapop42 post# 117390

Friday, 10/13/2023 9:53:37 AM

Friday, October 13, 2023 9:53:37 AM

That's nice work. Kota has some issues in Utah too. The Speed of Light thing is pushed into 2024. Your post reminded me of that, so I checked it this am on PACER. Seems like they are also party to another company's bankruptcy where that case claims a number of vendors (of which Kota was one) received more payments than they should have given the bankruptcy status. Blah blah blah. A lot of lawyering nonsense I don't follow too well.

mythical_phenix Friday, August 05, 2022 1:26:07 PM
Post# 106184 of 117393
Looks like Kota Energy is being sued by an outfit called "Speed of Light Ops" in Utah district court. Speed of Light Ops is claiming that Kota Energy has pirated some of its trade secrets. I believe this has to do with software Speed of Light Ops developed to assist in solar installations. Read all about it on PACER.

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