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Brokemillwright

09/21/22 10:04 PM

#63335 RE: cngreen #63334

Oh, im postive there is more than just one reason! All the result being the same, rik and nutra are toast.

I-Glow

09/22/22 11:31 AM

#63338 RE: cngreen #63334

The Court didn't Dismiss the 2 claims but sent it to trial - the other 2 claims were granted summary judgement against Nutra/Deitsch.

"The Court denied the Commission's motion as to its claim that Deitsch aided and abetted Nutra Pharma's failure to file these required Forms 8-K, leaving that claim along with the Commission's fraud claims for resolution at trial."

The outlook is grim for Deitsch.

IG

I-Glow

09/22/22 11:48 AM

#63339 RE: cngreen #63334

Your interpretation isn't close to being accurate.

"They couldn't prove to the judge for a default motion and wont be able to prove it to a jury either."

The SEC did have a summary judgement granted for 2 of the claims and 2 are going to trial.

"The Court denied the Commission's motion as to its claim that Deitsch aided and abetted Nutra Pharma's failure to file these required Forms 8-K, leaving that claim along with the Commission's fraud claims for resolution at trial."

"The Court found Nutra Pharma and Deitsch violated Sections 5(a) and (c) of the Securities Act of 1933 through their unregistered offering of securities; that Nutra Pharma violated Section 13(a) of the Exchange Act of 1934 ("Exchange Act") and Rule 13a-11 thereunder for failing to file required Forms 8-K related to stock issuances; and that Deitsch violated Exchange Act Sections 13(d)(1) and 16(a) and Rules 13d-2(a) and 16a-3 thereunder by failing to make required filings about his beneficial ownership."

Deitsch is finished.

IG

holter49

09/23/22 12:44 AM

#63346 RE: cngreen #63334

Just like Gary's boys and Ripple. Trying to save face.