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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: Mike C2 who wrote (2041)10/5/1998 2:26:00 PM
From: Volsi Mimir  Read Replies (1) | Respond to of 3458
 


Monday October 5, 12:07 pm Eastern Time
Company Press Release
Pollution Research and Control Corp. Announces Filing of Lawsuit Against Turbodyne Technologies Inc.
GLENDALE, Calif.--(BUSINESS WIRE)--Oct. 5, 1998--Pollution Research and Control Corp. (Nasdaq:PRCC - news) Monday announced that it has filed a lawsuit in Los Angeles Superior Court against Turbodyne Technologies Inc. (''Turbodyne'') (Nasdaq:TRBD - news).

The company alleges that Turbodyne breached an agreement to purchase the company's two subsidiaries, Dasibi Environmental Corp. and Logan Medical Devices Inc., when it wrongfully repudiated the agreement shortly after signing and delivering it.

The complaint alleges that Turbodyne's actions constituted breach of contract, a breach of the covenant of good faith and fair dealing, intentional interference with prospective business advantage and negligent interference with prospective business advantage.

The complaint seeks compensatory damages in excess of $2 million, punitive damages, declaratory relief, and the appointment of a special master to oversee the deliberations of Turbodyne's board of directors regarding this matter.

Pollution Research and Control primarily designs, manufactures and markets air pollution measurement instruments and medical instrumentation, nationally and internationally, through its wholly owned subsidiaries Dasibi Environmental and Logan Medical Devices.

--------------------------------------------------------------------------------
Contact:

Pollution Research and Control Corp., Glendale
Albert E. Gosselin Jr., 818/247-7601
or
Phoenix Alliance Inc.
Phil Huss, 970/259-7241



To: Mike C2 who wrote (2041)10/5/1998 8:04:00 PM
From: Anthony@Pacific  Respond to of 3458
 
If you doubt that the insider dont have anything to do with this registration staement than you are being naiive TRBD execs have their hands all over this one and the dilution is startling but expected..Still no turbo-pac sales and there wont be nay...just a scam folks....dont you get it yet.



To: Mike C2 who wrote (2041)12/9/1998 1:33:00 PM
From: Far Side  Respond to of 3458
 
Mike, my apologies for leaving you off the long list.

Where are you ?

Jim