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Farmer7

03/07/17 8:55 PM

#68090 RE: Yukon #68077

I haven't heard much on the lawsuit, I would imagine that could get dicey as the sp has went up 2000 percent since there claim. Good for OWCP of course, not so much for kodiac.
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Dumotier21

03/07/17 10:07 PM

#68109 RE: Yukon #68077

There is not now, nor has there ever been a lawsuit filed, although there may be sone day.

All there has been, is a demand letter sent asking for restitution.

This is the process of creating a case, showing a paper trail of good faith efforts to recover damages before filing suit.

Some thought there would be a quick resolution to this. I was never one of those people. This legal proces is 4-5 years away from being resolved in my opinion, based on experience. Technically, it hasn't even begun yet.

There can be no status on a lawsuit that has never been filed yet. Forget about it for now, as it is a non factor at this point and time.
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zombywolf

03/07/17 10:15 PM

#68115 RE: Yukon #68077

No lawsuit yet but

There will be one. The legal issues are too complex for a demand letter. Someone has to answer for 33 million shares being dumped into the market on negligence or conspiracy.