".....Jeff's assertion, that the suit was brought by NexTech, is indeed correct. In fact,
records show that Amazon did not even file a timely response, and when Amazon
finally did file a response, it was after the allotted time period. The case was filed in
November of 1998......"
level head guy you are leaving out very important elements to this story. my understanding is nextech was brought into this by charlie same way andy mann was. it was tifer who threatened 2 ta's to lift legends off this stock before the restrictions had been met. you also fail to state this stock was 'voting only' & it had been transfered to his wife & i understand that is why she is named in the case. you also fail to mention motion aznt filed ; "motion to set aside".
".......Amazon did file a _later_ suit against Kricfalusi, his wife, and other unnamed
entities, but it does not impact the execution of the court's order to Amazon.
Federal Judge Heber issued an order on January 14th of 1999, in the form of a
permanent injunction, requiring Amazon to immediately issue a new unrestricted
certificate for the 224,000 shares of AZNT common stock.
By the way, these shares were old, and the restriction had long since expired.
The case, then, is indeed over, pending only Amazon's compliance with the federal
judge's order. However, I have gathered from this thread that Amazon's track
record on compliance is poor, so the next action would be (in the event of
non-compliance), a contempt of court sanction, I would expect. Certainly the
moving papers support that......"
i assume you are refering to the motion to set aside as a "later suit". the restrictions had not been met. i believe the stock was 'voting only' status. i also understand that it was said the dates had been "typed" on the certs & the certs were being analyzed for authenticity. can you state here level head how you have come to the conclusion that amazon's record of "compliance" is "poor"? what was the relationship between charlie kris & tifer? what was there relationship to this "nextech"? what is your relation to charlie kris., tifer & nextech ? when you say the "case is over" you are not being honest. there is a motion to set aside .the moving papers simply brought the case to vegas. after tifer was able to get the stock in court from his "client" ( lololol !), he then had it moved to vegas because all attempts to lift the legends off the restricted stock by threatening 2 ta's had failed. you have a level head guy, you figure it out. you can see how good all this worked for andy mann, can't you?
spider |
