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Thursday, 07/03/2008 7:02:48 PM

Thursday, July 03, 2008 7:02:48 PM

Post# of 49608
I just heard from a colleague who specializes in corporate litigation and he is on board for a stockholder lawsuit (no cost to us!) against Fitzsimmons Systems, Inc. for shareholder damages.

Apparently we (stockholders) were/are the "third party beneficiaries" of the contract and have "standing." This means Fitzsimmons Systems, Inc. will owe the stockholders BIG TIME for consequential damages. I mean, he was talking major damages.

I'll post more on this as the Amelot v. Fitzsimmons progresses.

This could be a major victory to vindicate Amelot shareholders.