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Microcap & Penny Stocks : SCOTTS LIQUID GOLD - NYSE sym SGD - Beats OPTIONS! -- Ignore unavailable to you. Want to Upgrade?


To: J R KARY who wrote (209)1/25/1999 5:38:00 PM
From: J R KARY  Read Replies (1) | Respond to of 222
 
Family lawsuit over - Res Q TV advertisements

Were quite a few SGD advts last week on "The Wheel" and during the weekend prime time movies for SGD's new "Res Q" retinal product .

SGD is back selling their quality products in "prime time" and wisely settled a very distracting family lawsuit for $225,000:

" On January 21, 1999, the Company entered into a settlement agreement with the plaintiffs in the Brooks case. The settlement results in a dismissal of the appeal of that case and a release regarding the Company and the other defendants in the case. In the settlement, the defendants paid $225,000 to the plaintiffs.

The Company continues to believe that the claims of the plaintiffs in the Brooks case were groundless. The settlement allowed the Company to avoid the cost, time, and any uncertainty involved in an appeal of the case. "

From latest SGD 8 K filed at EDGAR.

Jim K.