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Penny Stocks 2.0

02/12/16 12:38 PM

#13589 RE: Penny Stocks 2.0 #13587

The company filed the lawsuit in the Federal District Court for the Second Circuit in New York under case no. 1:16-cv-01095 against Kodiak Capital Group, LLC, Ryan Hodson, BMA Securities and Island Stock Transfer for fraud, breach of contract, conversion of property, and Rule 10(b)-5 Securities Fraud violations and expects to implead the New York State Attorney General's Office to monitor potential NY Penal Code violations as well as notifying FINRA and the SEC, to initiate their own investigations to determine if Kodiak Capital Group, LLC., BMA Securities and Island Stock Transfer violated regulatory laws or rules.
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Penny Stocks 2.0

02/12/16 12:39 PM

#13590 RE: Penny Stocks 2.0 #13587

"As indicated in a prior release, the Company stands firm in its claims that the named parties violated Rx Safes' rights and in doing so negatively affected our price per share and market valuation well in excess of $5 million in damages. We are committed to defending the Company and protecting our shareholders to the fullest extent of the law," commented Lorraine Yarde, Rx Safes, Inc. Chief Executive Officer.