Some of the disruption in investor confidence was caused by a lawsuit, made
public by an in-house press release from plaintiff, Belmont Partners. "We have
paid for our publicly traded entity in full as agreed, contrary to claims made
by Belmont," states Hochstedler. "Our attorneys believe the lawsuit to be
unfounded and we are submitting documentation to courts in Virginia asking the
judge to dismiss the case. We are confident this will be a non-issue."
"Lastly, there have been rumors regarding Wow Green International and the status
of our relationship. Unfortunately, Wow Green has been remiss in fulfilling
obligations in regards to outstanding receivables for product that was ordered
by Wow Green, manufactured and shipped by Enzyme Environmental and, to the best
of our knowledge, sold for profit by Wow Green. We believe this matter will be
resolved amicably and I feel that EESO and its shareholders will be in
profitable good-standing as we have taken what we believe to be appropriate
action in this matter," states Hochstedler.
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