InvestorsHub Logo
Followers 5
Posts 298
Boards Moderated 0
Alias Born 11/13/2009

Re: None

Thursday, 07/14/2011 3:07:34 PM

Thursday, July 14, 2011 3:07:34 PM

Post# of 37364
Good News!!! RELM is not involved in any material legal proceedings. However, the subsidiary company,
Access Versalign is in dispute over a debt of$ 189,000 with one of the former owners of an
indirect subsidiary. It is expected that the suit will be resolved without any harm to RELM or any
of its other subsidiaries. At the outset of the debt, the indirect subsidiary established an escrow
consisting of restricted marketable securities; and once those securities are liquidated, the
proceeds should be sufficient to resolve the financial dispute.

This can be proved from the link below Access Versalign is on the restricted stock list AVERZZ.

http://www.tradingdirect.com/Static/StandAlone/non_dtcc_list.pdf