ATTN ALL SHAREHOLDERS HERE'S THE LATEST...AND YOU WON'T BELIEVE IT:
Is this a joke? Would you sign this....looks like the DTCC fingerprints on this one.
IN THE DISTRICT COURT OF OKLAHOMA COUNTY STATE OF OKLAHOMA
BANCORP INTERNATIONAL GROUP, INC., a Nevada Corporation,
Plaintiff,
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v.
Case No. CJ-2007-3181
Michael W. Canna, et al.,
Defendants.
AGREED ORDER SURRENDERING SHARES AND DISMISSAL OF DEFENDANT,
_______________________________________________
The Plaintiff, Bancorp International Group, Inc. (“Bancorp”), and Defendant, __________________ (#________) (the “Defendant”), have reached an agreement resolving the issues pending between them in the above-styled lawsuit. The Court, upon review of the file and the proposed agreement of the parties, hereby FINDS AS FOLLOWS:
1. The Defendant appears specially in this matter for the limited purpose of this Order.
2. The Defendant has agreed to disclaim any interest Defendant has in Bancorp and surrender any and all rights the Defendant has in Bancorp stock. The Defendant agrees that Defendant’s Bancorp stock is invalid and Defendant should not be recognized by Bancorp as a shareholder.
3. Bancorp has agreed that Defendant was an “innocent purchaser” of the falsely issued shares of Bancorp stock. Bancorp agrees that Defendant did not commit any fraudulent or illegal acts in purchasing the falsely issued Bancorp stock.
4. Bancorp agrees that Defendant is not monetarily liable to Bancorp for any of the allegations set forth in the Petition filed herein on April 11, 2007. Defendant
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agrees that Bancorp is not liable to Defendant for any claims related to Defendants’ purchase of the falsely issued Bancorp stock.
5. Bancorp agrees that pursuant to Defendant’s surrender of Defendant’s shares of Bancorp stock, Defendant should be dismissed with prejudice from this lawsuit. Each party shall bear their own attorney’s fees and costs.
6. By signing this Order, Defendant does not waive any rights or claims Defendant may have against other persons, entities or parties with regard to Defendant’s purchase of the falsely issued Bancorp stock.
IT IS THEREFORE ORDERED, ADJUDGED AND DECREED that any and all interest Defendant has in Bancorp is hereby surrendered to Bancorp and any stock held in Defendant’s name is declared invalid;
IT IS FURTHER ORDERED, ADJUDGED AND DECREED that Defendant was an innocent purchaser of the stock; that Defendant did not commit any fraudulent or illegal acts in purchasing the falsely issued Bancorp stock, and Defendant is not monetarily liable to Bancorp for any allegations set forth in the Petition;
IT IS FURTHER ORDERED, ADJUDGED AND DECREED that Defendant is dismissed from this lawsuit with prejudice to the refiling thereof. Any claims that Defendant has against other persons, entities or parties are not waived by this dismissal.
DATED this ____ day of __________, 2007.
____________________________________
JUDGE OF THE DISTRICT COURT
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APPROVED FOR ENTRY:
VICTOR F. ALBERT, OBA #12069
LAURA McCASLAND HOLBROOK, OBA #17669
CONNER & WINTERS, LLP
One Leadership Square, Suite 1700
211 North Robinson
Oklahoma City, OK 73102-7101
Telephone: (405) 272-5711
Facsimile: (405) 232-2695
Attorneys for Plaintiff,
Bancorp International Group, Inc.
Name (Print):
Address:
Telephone No.:
Defendant 3 |
