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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: Cavalry who wrote (1129)8/30/1998 3:15:00 PM
From: LegalBeast   of 5541
 
I am checking into the suit to find out, but I have already researched the case law precident on the issue, and at this point, it looks more like just a neusance thing to me. The chances of an injunction at this point are slim. I will let you know later what I learn ...

But, lets look at the reality ... as I understand, it would only prevent him from directing. As a matter of law, they cannot prevent him from working, and they cannot prevent him from owning a part of MVEE, so the worst case is pretty irrelevant. That is the main reason I think it is pretty much a non issue to MVEE, and a neusance at worst.
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