![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, September 07, 2011 1:22:50 PM
"Although there was no bankruptcy filing for Green Oasis, I have uncovered something that is damaging. In 2002, Green Oasis Environmental, Inc received loans from a number of parties, including Balallan Limited. Balallan Limited filed suit in 2006 to recover money and interest on the loan in excess of $1m and seek a declaratory judgment that Balallan is the owner of the US and European patent rights of Green Oasis. An order was entered on April 1, 2008 against Green Oasis, ordering payment of over $1m and transfer of IP rights not already acquired by Balallan Limited to Balallan Limited. This order was transferred to Florida in 2008, before the July 10, 2009 acquisition by Global Enviro Solutions, whereby Global Enviro Solutions effectively succeeded to a $1m liability. I don’t think Global Enviro Solutions would have entered into the merger had they known of the judgment. I expect Global Enviro Solutions has heard from Balallan Limited."
If you would care to read the 94 page lawsuit I have it in a pdf file and would be happy to send via email.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM