Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Performance Nutrition (PNII) -- Ignore unavailable to you. Want to Upgrade?

To: Bird who wrote (247)	8/10/1999 2:49:00 PM
From: Bird	Read Replies (1) \| Respond to of 285

Naturade, Inc. Of Delaware Files SEC FORM 8K WASHINGTON, DC, Jul. 12, 1999 (States via COMTEX) -- ITEM 5: As reported previously, a civil judgment in the amount of$2,744,000 was entered in March, 1999 against Naturade, Inc. by the United States Bankruptcy Court for the Northern District of Texas following a bench trial in a proceeding styled Jeffrey H. Mims, Chapter 7 Trustee v. Kennedy Capital, et al. The proceeding arose out of the bankruptcy case of Performance Nutrition, Inc., on whose behalf the Trustee was acting. Naturade and the PNI Trustee have entered into a settlement agreement, which is subject to approval by the Bankruptcy Court. The Bankruptcy Court has scheduled a hearing on the PNI Trustee's application to approve the settlement agreement for August 5, 1999. Things should begin to happen now that settlement is finalized. Bird