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Haiku

01/26/16 2:59 PM

#3291 RE: SeaOhToo #3286

The president of the company ACTUALLY stated (non-edited of course):

17. Due to the actions of defendant Arfaania fraudulent activities in breach of the Lock-Up Agreement, BHGI is unable to attract new investors and to close contracts furthering our business plan.

20. Based on my information and belief, unless a temporary restraining order and preliminary injunction are granted, great and irreparable injury will result to plaintiff Beverly Hills Group, Inc. damaging hundreds of shareholders and limiting the company's ability to attract shareholders and investors and preventing the company from completing the closing of contracts necessary to move the company forward.

MY NOTES:
After reading the whole excerpt, the president of the company is saying that if the TRO is not granted, this fellow would cause harm to the company. Since the TRO was granted, all is good and the catastrophe was averted. That is actually great news. 2/5/16 is to make the TRO permanent.