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Friday, December 03, 2010 10:53:40 PM
Michael DeLaGarza and Pamela Thompson were on the board of directors of MedCom USA (EMED). Michael DeLaGarza was the COO and Pamela Thompson the CFO.
On Feb 2, 2010 Michael DeLaGarza no longer worked for MedCom:
http://biz.yahoo.com/e/100202/emed.pk8-k.html
From what I guess the company ran into some major issues and DeLaGarza not too hot on how they proceeded to handle as right following his departure MedCom filed a lawsuit against some major retail companies,
04/06/10
Files Suit Against Ten Major Retail Companies For Violation of Patent
Chicago, IL. (April 6, 2010) – Card Activation Technologies (OTC.PK: CDVT), owners of a patented point-of-sale technology for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, today said that the Company has filed lawsuits against ten major retailers including Fashion Bug, Lane Bryant, Nordstrom’s, Blockbuster, and Macy’s for patent infringement. The case was filed in the United States District Court for the Western District of Missouri.
On February 26, 2010, Card Activation Technologies, Inc. ("Card") and MedCom USA Inc. (OTC.PK: EMED) ("MedCom") entered into a Settlement Agreement and Mutual Release (the "Agreement") with William Williams (a former executive of Card and MedCom), Eva Williams, Wilcom Inc., W.P.W. Aircraft, LLC, Williams Family Trust, and American Nortel Communications, Inc. (collectively, the "Williams Group"). This Agreement will serve to settle and mutually release each member of the Williams Group, on the one hand, and Card and MedCom, on the other hand, from any and all claims that any member of the Williams Group, and Card or MedCom has against the other relating to certain litigation that was filed or corporate governance claims that may arise from Card or MedCom. As a condition to the Agreement, the Williams Group has returned an aggregate of 24,150,264 shares of Card common stock and 20,415,651 shares of MedCom common stock.
On Feb 2, 2010 Michael DeLaGarza no longer worked for MedCom:
http://biz.yahoo.com/e/100202/emed.pk8-k.html
From what I guess the company ran into some major issues and DeLaGarza not too hot on how they proceeded to handle as right following his departure MedCom filed a lawsuit against some major retail companies,
04/06/10
Files Suit Against Ten Major Retail Companies For Violation of Patent
Chicago, IL. (April 6, 2010) – Card Activation Technologies (OTC.PK: CDVT), owners of a patented point-of-sale technology for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, today said that the Company has filed lawsuits against ten major retailers including Fashion Bug, Lane Bryant, Nordstrom’s, Blockbuster, and Macy’s for patent infringement. The case was filed in the United States District Court for the Western District of Missouri.
On February 26, 2010, Card Activation Technologies, Inc. ("Card") and MedCom USA Inc. (OTC.PK: EMED) ("MedCom") entered into a Settlement Agreement and Mutual Release (the "Agreement") with William Williams (a former executive of Card and MedCom), Eva Williams, Wilcom Inc., W.P.W. Aircraft, LLC, Williams Family Trust, and American Nortel Communications, Inc. (collectively, the "Williams Group"). This Agreement will serve to settle and mutually release each member of the Williams Group, on the one hand, and Card and MedCom, on the other hand, from any and all claims that any member of the Williams Group, and Card or MedCom has against the other relating to certain litigation that was filed or corporate governance claims that may arise from Card or MedCom. As a condition to the Agreement, the Williams Group has returned an aggregate of 24,150,264 shares of Card common stock and 20,415,651 shares of MedCom common stock.
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