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Thursday, April 18, 2024 5:37:02 PM
In my opinion, Fluent has the stronger position in the lawsuit.
(1) Fluent was out of compliance the whole time with the DOH and therefore didn't have a right to grow at Homestead in the first place. Feldenkrais deceived Fluent.
(2) Feldenkrais covered up the contamination. The hemp crops before Fluent came in were contaminated and then when they did a test crop after Fluent left the hemp plants tested for contamination again.
He "claims" revenues were $454,000. From where? From his obscure websites and non-existent products? And operating expenses totaled $364,000. Really? Your operating expenses were over 75% of your revenues? Over $30,000 a month in expenses? From what? There is nothing going on!
Check out one of his websites called GetMedicated.com... If you go to where you can buy hemp water and try to purchase the product it says "one bootle".... I guess the spelling of bottle correctly isn't important.
But goodwill is $11,000,000 in tangible and intangible net assets? Really?
Never says a peep about raising the authorized shares to 10 billion again.
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