Replies to post #16403 on NanoLogix Inc (NNLX)

[Jon Jon]

Can't see this going anywhere since as you say the company doesn't legally exist and hasn't for quite some time. Seems like it's only a name on paper at this point. I hope the court accepts this and makes a ruling.
Also, what happened to the class action suit you are/were trying to get for shareholders?
Just wondering as it's been awhile.

[Omar8]

Ant4,


"The complaint is self explanatory. The only thing going on is I am asking the court (1) to decide who owns or has the rights to the patents and until it can make that decision to prevent Bret or Faro from negotiating the sale or transfer of them, AND (2) to order a meeting so the shareholders can decide if or how the company is reorganized. No where in the complaint do I seek any personal benefit. Assuming the court does that, at that point I and possibly other parties be it Bret, Faro, etc will have an opportunity to present a proposal to you the shareholders to reorganize the company. My proposal backed by millions of dollars will include an assurance of retention of 100% of the stock shareholders own today and a relisting of the shares OTC.

in the meantime I have communicated to Bret and Faro that I would be interested in considering any proposal they may have to avoid protracted litigation."



Hopefully this comes to a decision quick, maybe BB and Faro will come to their senses ? It's nice to see someone willing to try and turn this into something. I really think everyone could benefit in some way.