CONSOLIDATED ENERGY INC Form: 10QSB Filing Date: 11/14/2003
ITEM 1. LEGAL PROCEEDINGS The Company announced that a lawsuit was filed on August 01, 2003 in Broward County Circuit Court by Scott Alan Salomon, an attorney located at The Walk in Coral Springs, Florida. This is an effort by Consolidated Energy, Inc. to recover shares of CEIW stock wrongfully taken and to date not returned, although demand was made. The lawsuit names Joseph Lombardi, SevenOaks Holdings, Ltd., Attorney Robert M. Strumor, Apache Creek LLC, Ronald J. Goldberg, Global Index, Inc. and James Xilas. The allegations include counts of civil theft, breach of contract, fraud, misrepresentation, breach of fiduciary duty and negligence against the various defendants. |