Followers | 15 |
Posts | 5683 |
Boards Moderated | 0 |
Alias Born | 04/28/2006 |
Tuesday, August 07, 2007 7:16:30 PM
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5347765
The complaint later on in the filing fails to mention this all began under Moody's watch and how he benefited from the whole deal and how he was the HISC CEO and is now the EVSY CEO.
On February 26, 2007, Evans Systems Incorporated's previous Board of Directors (the "Previous Board") resigned from the Company and its current board members were elected (the "Board"). Subsequent to their election, the Board undertook an internal investigation into the Previous Board's management of the Company.
The Board's internal investigation discovered evidence of mismanagement by Evans's Previous Board, including the unauthorized issuance of over 31,000,000 shares of Evans's stock to Homeland Integrated Security System, Inc. In order to recover for the losses incurred as a result of the Previous Board's mismanagement, on August 1, 2007, Evans filed a complaint in the United States District Court for the Northern District of Texas, which alleges that the individual members of the Previous Board breached their duties to Evans and violated the Federal Securities Laws. Evans intends to vigorously pursue its claims against the Previous Board.
A copy of the Evans's Complaint is attached as an Exhibit.
___________________________________________________________
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM