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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: scouser who wrote (668)6/13/1999 5:21:00 PM
From: scouser  Read Replies (2) of 150070
 
From the AOXY web site.....

Item 1: Legal Proceedings

On September 09, 1998 the Company appeared before the
Santa Clarita County small claims court to represent itself in a
motion ("Motion") filed by a plaintiff, Alpha Graphics, against
John Teuber for a judgement on July 06, 1998 from a case filed
May 29,1998, to be amended to the Company. The Motion was
denied and the judgement was not amended to reflect the
Company as a defendant.

On February 10, 1999 in the Municipal Court of California,
county of Los Angeles, Newhall Judicial District, America-United
Enterprises, Inc. filed suit against Advanced Oxygen
Technologies, Inc, case no. 99U00109, alleging that the February,
1999 rent due on February 01, 1999 had not been paid by
Advanced Oxygen Technologies, Inc. The suit has been settled
out of court and Advanced Oxygen Technologies, Inc. has
tendered the monies owed in full.

On February 19, 1999, Written Communications, Inc. filed
suit against Advanced Oxygen Technologies, Inc. in the small
claims court in Van Nuys CA Municipal Court, Case no.
99V12825 for unpaid service rendered in the amount of $4,875.00.
The company will dispute the amount owed.

On January 16, 1999, A Better Type filed suit against
Advanced Oxygen Technologies, Inc. in the small claims court of
the Municipal Court of California, San Diego Judicial District,
Case no.691493 alleging non payment for services rendered of
$5,000. On March 17, 1999 a judgement was entered against
AOXY for $5,000.

On March 23, 1999 Corestaff Services filed suit against
Advanced Oxygen Technologies, Inc. in the small claims court
Newhall CA Judicial district case no 99S00349 for lack of
payment in the amount of $4,106. The case has been settled out
of court and the company has agreed to pay Corestaff $500.00 on
the 15 Th day of each month beginning on June 15, 1999 until any
debts owed are paid in full.
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