Allied Security Innovations Inc (ADSV)

[gst]

If you read the notice it says that Allied Security voluntarily with drew the suit, NOT THAT THE JUDGE THREW IT OUT AS STATED IN CGM SO CALLED RELEASE. If they voluntarily withdrew, then that means that a settlement was reached.That's the only logicial reason that Allied would withdraw the complaint. Allied would have taken it to trail and let the Judge deside the outcome if the settment had gone in their favor.

Think about it,



FARMINGDALE, NJ – APRIL 22, 2011 - On April 19, 2011, Allied Security Innovations, Inc., (ASII) requested Judge Stanton of the Federal District Court for the Southern District of New York, to voluntarily withdraw its suit against CGM Security Solutions, Inc. (CGM-SS). The Court granted the request. The case was dismissed and the court ruled that CGM-SS was free to pursue the contractual obligations defining default in an agreement with Investors in ASII. The Court also ruled that some components of ASII’s claims against CGM-SS may be invoked in subsequent proceedings.