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Thursday, April 25, 2024 7:35:30 AM
GIUL, LLC is suing because it was deceived by Faupel and Blumberg and it did not, because of their deception, know material facts when it made its loan to Shenghou, LLC, an entity Faupel and Blumberg managed/controlled and they both own investment interests in.
Giul, LLC is also of the opinion that Faupel lied in both his deposition and on the stand at trial, thus committed Perjury to avoid having a Judgment issued against him.
Should Giul, LLC prevail in its case, GIUL will have grounds to Sue Guided Therapeutics If defendants don't satisfy - pay Giul's Judgment against defendants. Giul LLC intends and is prepared to do exactly that.
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