Wednesday, May 09, 2012 9:52:15 AM
In fact, it sounds more like someone is trying to get revenge.
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FindArticles / Business / Business Wire / May 05, 2011
RightSmile Commences Lawsuit Against Former Owners of Global Branding, LLC
FORT LAUDERDALE, Fla. -- RightSmile, Inc. (Pink Sheets:RIGH) has commenced a lawsuit against Peter Langone and Joseph Elkind, the former owners of Global Branding, LLC, seeking to recover certain assets owned by RightSmile and its subsidiaries. While the parties have entered into a Stipulation of Settlement to, among other things, rescind the securities exchange agreement pursuant to which RightSmile acquired Global Branding, LLC, RightSmile has also moved to hold Messrs. Langone and Elkind in contempt of court for failing to comply with certain conditions of the Stipulation of Settlement. RightSmile may be required to pursue further legal proceedings in order to protect its interest in its assets and cause the securities exchange agreement to be rescinded.
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http://findarticles.com/p/articles/mi_m0EIN/is_20110505/ai_n57411577/?tag=content;col1
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FindArticles / Business / Business Wire / May 12, 2011
RightSmile Has Successful Court Hearing
FORT LAUDERDALE, Fla. -- RightSmile, Inc. (Pink Sheets:RIGH) is pleased to announce it had a successful day in court yesterday. The Company through its legal counsel had requested an emergency hearing before the courts stemming from the contempt of court allegations against Peter Langone and Joseph Elkind, the former owners of Global Branding, LLC.
The court gave Langone and Elkind 24 hours to comply with the court's instructions to return the assets to the Company.
The Company was pleased with the court's decision regarding this matter and looks forward to the return of its property to further generate revenue.
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http://findarticles.com/p/articles/mi_m0EIN/is_20110512/ai_n57465755/?tag=content;col1
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FindArticles / Business / Business Wire / Nov 01, 2011
RightSmile Settles Lawsuit against Former Owners of Global Branding, LLC and Maintains All of Its Assets
FORT LAUDERDALE, Fla. -- RightSmile, Inc. (Pink Sheets:RIGH) has reached a settlement in the lawsuit against Peter Langone and Joseph Elkind, the former owners of Global Branding, LLC, seeking to recover certain assets owned by RightSmile and its subsidiaries. While the parties have entered into a Stipulation of Settlement to, among other things, rescind the securities exchange agreement pursuant to which RightSmile acquired Global Branding, LLC, RightSmile had also moved to hold Langone and Elkind in contempt of court for failing to comply with certain conditions of the Stipulation of Settlement. RightSmile as part of the settlement has agreed to rescind the purchase of Global Brands, LLC and relinquish the name Kazore Holdings, Inc and all of its subsidiaries. RightSmile has kept all the assets of Kazore that were acquired in February including its client list and has begun operating under a new name DevTek, LLC as of July 1, 2011.
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Doing just a little dd on this Elkind guy, it appears that he is the kind of guy who sues alot of people. I believe in an email response, MD stated something similar. Looking just at the Broward County site, this Elkind guy has had 73 different filings he was involved with. It looks like he is a busy guy, averaging over 6 filings a year. It appears that he was filed against or directly sued by:
Holy Cross Hospital
Bennett John
United States IRS
David Goldstein
Net Managment
One Electric
Simmons Birtie
Knox Kenneth
Wachovia Mortage Corp
Wachovia Bank
And it appears that he has been pretty busy filing/suing other people, including:
Gunster Yoakley & Stewart
Slimack Mark
Becker & Pliakoff
Ruben Richard
Benton Cornelius
Cahan Richard
Click 3 Media
Assest Acceptance
RightSmile
So, reviewing all these different filings, it appears that this Elkind guy spends an awful lot of time in the court system. Why do you think he is credible? I mean, just looking at the face value of the information, he doesn't look like a very trustworthy/credible guy. Just wondering why you think this guy is more credible than any other regular Joe.
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