Microalliance Group Inc (MALG)

[tuan]

NEWS IS OUT !!!!

March 27, 2010 -- Fountain Healthy Aging Inc. (FHAI OTCBB) announced on March 25, 2010 that it had issued legal proceedings in the Ontario Superior Court of Justice under case No 10-47947 against Dunn Capital Partners, its principal Michael Bailey, and its legal counsel Michael Boehm of the law firm of Gowling Lafleur Henderson for recovery of damages to the Company.

The claim alleges: a default by Dunn Capital Partners in making payments due to the Company under the terms of an agreement entered into between the Company, Oak Resources Limited and Dunn Capital Partners dated 29 July 2009; a breach by Michael Boehm of the terms of an agreement under which he would hold stock certificates in the Company pending payment by Dunn Capital Partners; and, a diminution of the value of the Company’s stock as a direct result of the trading activities of Dunn Capital Partners using stock which it had obtained without any payment being made in respect of such stock.

Fountain CEO, Paul Hunston, commented “since the initial announcement of our intention to commence these proceedings last year, we have worked very hard with our attorneys to prepare the groundwork for this important case. That is now done, and our pleading has now been issued and served on all defendants. I am convinced that this action is necessary to protect the interests of the Company.”

http://www.prweb.com/releases/2010/03/prweb3790974.htm