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Re: JAM post# 10086

Wednesday, 10/16/2013 3:19:53 PM

Wednesday, October 16, 2013 3:19:53 PM

Post# of 20775
The suit imho is over they must have settled it and news imho is pending cause I made a call.

I did not and would not disclose either company.Ask them a simple questions?

In a 10k if abc company is a Plantiff involved in a lawsuit would it be listed under Legal Proceedings.

Answer only if its a material event.

Other words my understand a multi national top tier company only list material ones (Major Suits).All them other hundreds are not material so they are not listed.

Since ILNS is a tiny nothing company its no doubt a material event the way I understood and IMHO.

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