To: Jim B who wrote (1268 ) 4/28/1998 12:03:00 AM From: Janice Shell Read Replies (1) | Respond to of 7491
and many people here continue to cut and paste out of context from that report thing on the IR person that was charged with "murder" was it... that was all nonsense.. I don't believe any of it... All right. Here's the whole thing AGAIN. We're not making it up, you know.Canada Stockwatch Dimples Group Inc - Directors deem chairman's legal problems not material to company Dimples Group Inc DDD Shares issued 8262895 1992-03-02 close $7.25 Thursday Mar 5 1992 Mr J.D. Elliott reports: The company requested a halt in trading on March 2 1992 in order to provide for orderly dissemination of news, news which appeared to the company was in the process of being disseminated in a misleading and disorderly basis by certain parties, including former disgruntled management of the company. The company has previously disclosed its legal proceedings commenced against members of former management including Anthony R. Boyden and Rhonda Maxwell. These proceedings relate generally to financial improprieties and negligent mismanagement on the parts of Boyden and Maxwell and their partner Dr A. Steinberg, while the company's Ontario subsidiary was under their control. Litigation originally began with an action commenced by the company against Boyden, in which the company obtained a court order securing its premises and the contents thereof, and prohibiting Boyden and Maxwell from entering. The order provided further that Boyden and Maxwell were restrained from discussing the affairs of the company and disparaging company management. Boyden and Maxwell have continued to conduct themselves in contravention of this order and, among other lawsuits commenced against them, proceedings are being commenced related to contempt of court. In September 1991, Boyden pleaded guilty to, and was convicted on a charge of counselling to commit murder, a charge unrelated to the affairs of Dimples. Bail conditions were granted to Boyden and he has since been awaiting sentencing for that conviction. In December 1991, Boyden was charged with uttering death threats as against J. Douglas Elliott, the chairman of the company and Robert G. Reid, formerly the company's managing director, corporate finance and financial public relations. Mr Elliott was called, amongst others, on behalf of the crown attorney's office, to give evidence in respect of that charge at Boyden's bail hearing. Mr Elliott was cross examined by counsel for Boyden on collateral matters. At the conclusion of this hearing, Boyden's bail was revoked and he was committed to jail. Boyden is currently awaiting trial on these new charges - uttering death threats. Boyden is scheduled to be sentenced for his conviction of the offence of counselling to commit murder on March 10. In February 1992, upon a complaint by Boyden and Maxwell to authorities, Mr Elliott was charged with giving what is alleged to have been false evidence as to certain collateral matters on Boyden's bail hearing. Mr Elliott has advised the board of directors that Boyden and Maxwell themselves gave false evidence at the bail hearing, and that he has concluded that Boyden's evidence in support of his complaint is most likely false as well. Mr Elliott has instructed counsel to report his findings to the police and to lodge a formal complaint against Boyden and Maxwell. Mr Elliott has advised the board that he is on the record as denying all allegations of any wrongdoing whatsoever, having taken the position that these allegations are frivolous, malicious, vexatious and abusive and that he will vigorously defend all such accusations. Criminal counsel has been retained, the charge against Mr Elliott has been reviewed and counsel has been instructed to take steps to quash proceedings against Mr Elliott. Mr Elliott is of the opinion that the complaint alleged by Mr Boyden and the steps taken by the policing authorities pursuant thereto, constitute an abuse of process. General counsel has been retained to consider appropriate responding proceedings against Mr Boyden and the policing authorities. The board of directors are of the opinion that these proceedings are personal between Mr Boyden and Mr Elliott and are not material to the business of the company and do not represent any impediment to the company's operations and Mr Elliott's ability to carry on his responsibilities. The company has settled its legal proceedings with Dilbagh S. Gujral et al. Pursuant to the terms of this settlement, 100,000 escrow shares have been transferred from Gujral to Robert G. Reid, subject to regulatory approval. The transfer will not result in a change of control. Gujral has applied to the VSE for cancellation of 50,000 escrow shares registered in his name. Gujral has been issued 50,000 shares of the company. (c) Copyright 1998 Canjex Publishing Ltd. Dimples Group Inc - Court awards favourable decision Dimples Group Inc DDD Shares issued 8624133 1992-08-26 close $1.5 Wednesday Aug 26 1992 Mr Rupert Bullock reports: The petition for bankruptcy against a subsidiary of the company has been dismissed and the claim made by the company and the subsidiary against members of former management, including Rhonda Windsor-Maxwell and Anthony R. Boyden, for damages for conspiracy and abuse of process, has been allowed. The company and the subsidiary have been awarded judgment and damages and costs as against Maxwell, Boyden and Ron Uliani. In a judgment given on August 25 1992, the Honourable Mr Justice Farley found that the petition in respect of the subsidiary was an abuse of process and held Maxwell, Boyden and Ron Uliani liable to the company and the subsidiary for damages for abuse of process and costs. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com *********** FP/Reuters says Dimples calls SEC allegations defamatory Dimples Group Inc DDD Shares issued 13493850 1994-07-26 close $0.07 Monday Oct 17 1994 The Financial Post carries a Reuters dispatch in its Saturday edition that reports that Dimples Group president Douglas Elliott says a civil suit filed against Dimples by the US securities and exchange commission contains unfounded and defamatory allegations, based on an extension of old, self-serving complaints of former management. Mr Elliott says an Ontario court had ruled against the former management, finding they were not to be believed and that their conduct constituted an abuse of process. Reuters says this is an apparent reference to the 1992 decision in Ontario court's general division that two former Dimples officials wrongly conspired to have the company put into receivership. Reuters reports the SEC has said it is seeking a permanent injunction against the defendants to prevent them from violating US securities laws in the future. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com Not wanting to believe it isn't going to make it go away.