Court Rulings in Favor of Company - DEBT CANCELLED & Company Just Reinstated NJ SOS
In April of 2017, the Company received a judgment from the Federal District Court of Northern Illinois Eastern Division in its favor with prejudice dismissing a claim by River North Equity covering Convertible Securities of the Company which effectively negated the two notes River North Equity obtained from JMJ Financial. At March 31, 2016 the amount recorded in Current Liabilities for all three convertible notes and accrued interest thereon previously issued to JMJ Financial was $1,097,877. At March 31, 2016 the amount recorded in Current Liabilities for the two notes and accrued interest thereon subject to the River North Equity claim was $689,822.
mPhase Technologies, Inc.
New Jersey Offices
150 Clove Road
Little Falls NJ 07424
587 Connecticut Ave, Norwalk, CT 06854
New York Offices
230 Park Ave, Room 539, New York, NY 10169
Phone Number: (973) 256-3737
Fax Machine #: (973) 256-9387
General E-mail: Sales@mphasetech.com
Dr. Fred Allen, President and CEO, AlwaysReady, Inc. (Little Falls, NJ)
Office: 973-256-3737 x104
Mr. Ron Durando, Chairman and CEO, mPhase Technologies, Inc. (Little Falls, NJ)
Investor Relations Contact Information:
Mr. Gerard Adams, Managing Director Investor Relations, mPhase Technologies, Inc. (Little Falls, NJ)
Office: 973-256-3737 x105
mPhase Technologies, Inc. through its wholly owned subsidiary Always Ready Inc., is focused on developing and commercializing a new battery technology based on a well patented phenomenon known as electrowetting which provides a unique way to store energy and manage power that will revolutionize the battery industry.
mPhase Technologies was founded in 1996 and is headquartered in Little Falls, NJ, with offices in Norwalk, CT, and New York City, NY.
Web Site: http://www.mphasetech.com
Video Demonstration of the Nanobattery: http://www.youtube.com/watch?v=P8UwBP4yVgM
Awards: NASA Nanotech Briefs Nano 50, Frost & Sullivan Excellence Award, Deloitte Connecticut Tech Fast 500, NJTC Environmental/Energy Innovation, Frost & Sullivan Energy Storage Award
- See more at: http://www.mpowertech.com/
Last edited by raangel on 8/21/2014 at 6:20PM