Astra Veda Corp (ASTA)

[VeronicaFox]

Thanks for reminding us of all the “talk” from ASTA. Right after they released that fluff filler on January 12, 2024, in less than 2 weeks there was a financial penalty amounting to $887,796.67. Also, the court mandated that Astra Veda Corporation transfer 12.5% of all existing shares, regardless of class, to the Plaintiff.
https://www.otcmarkets.com/otcapi/company/dns/news/document/71934/content

Next, on March 7, 2024, ASTA engaged Cohen & Cohen law firm to begin exploring the possibility of filing for corporate bankruptcy protection. They said they will keep stakeholders informed about the progress of any bankruptcy proceedings.
https://www.otcmarkets.com/otcapi/company/dns/news/document/73239/content

Finally on June 3, 2024 The court awarded attorney fees to Scott Eppinga in the total amount of $306,793.27. These fees must be paid in full within thirty days of the order. Astra Veda Corporation and James "Mick" Davis are jointly and severally liable for $52,477.75, while Astra Veda Corporation is solely liable for $254,315.52. According to ASTA, the ruling has a devastating material impact on the company's financial standing. They say they’ll keep shareholders informed of any significant developments.
https://www.otcmarkets.com/otcapi/company/dns/news/document/75060/content