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Biotech / Medical : Labwire Inc.
LBWR 0.00010000.0%Oct 31 9:30 AM EST

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To: shortsinthesand who wrote (1623)8/14/2009 2:31:13 PM
From: scion  Read Replies (1) of 1698
 
On May 28th, 2008 Northamerican Energy Group Inc. filed a lawsuit in the 506th District of Waller County, Texas (Cause No. 09-05-19819) to recover the principal and interest due Northamerican Energy under the defaulted note and that fact was not properly disclosed in Item 1. Part II Legal Proceedings of the 10-Q just filed.

Northamerican Energy has, and did not, seize the collateral as stated in the 10-Q by Labwire and that stock certificate is being held by a mutually agreeable 3rd Party pending disposition of Northamerican's lawsuite against Labwire to recover the principal and past due interest.


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506th Judicial District Court of Texas

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Phone Number: 979.921.0921

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