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Posted On: 03/31/2024 3:44:25 PM
Post# of 6857
UNVC: Jorge Schcolink the new guy in Dalton's latest filing has a very shady reputation, several lawsuits involving pink scercurties Vapor, Onteco.
I never looked very hard.
Birds of a feather stick together, Dalton has been associated with several crooks over the past 22.3 years..
Defendant Dror Svorai and Defendant Jorge Schcolnik (collectively, "Board Defendants"
had a fiduciary duty to shareholders which the defendants breached through their intentional
http://complaintandsummons.blogspot.com/searc...-results=2
COUNT ONE
Breach Of Fiduciary Duty
Defendant Dror Svorai and Defendant Jorge Schcolnik (collectively,"Board Defendants" had a fiduciary duty to shareholders which the defendants breached through their intentional misconduct.The Board defendants breached the duty of care with actions that included their dilution of shareholder ownership the way they did.Board Defendants also breached the duty of loyalty to shareholders with actions that included the compensations they authorized for themselves and/or other executive.
Count Two
Securities Fraud
Defendant Onteco Corporation and The Board Defendants undertook very fraudulent activities,lied,misled and filed untruthful and ambiguous or incomplete SEC reports.
A big part of the defrauding actions of Defendant Onteco Corporation and Board Defendants was intentionally intended and directed against the interest of the Plaintiff as a shareholder.Those actions were intended and done for the purpose of taking away the ownership the Plaintiff established in Defendant Onteco Corporation in the open market,and/or the rights that follow from that ownership,and lowering his percentage of that ownership and/or the rights that follow from that ownership.
The actions of the Board Defendants also involved direct self serving fraudulent activities.
Defendant Onteco Corporation with the Board Defendants and Defendant Action Stock Transfer Corporation also violated SEC rule 144 by allowing restricted shares to enter and be sold in the open market before the elapse of the holding period requirement on restricted shares.
The Board Defendants also intentionally tried to entangle or put Defendant Onteco Corporation in a position susceptible to being entangled with debt and fraudulently sold notes convertible to shares at cheap prices to parties they chose.Moreover despite the cheap price,conversion to shares was given as a choice to the parties these notes were sold to.
CHEERS
I never looked very hard.
Birds of a feather stick together, Dalton has been associated with several crooks over the past 22.3 years..
Defendant Dror Svorai and Defendant Jorge Schcolnik (collectively, "Board Defendants"
had a fiduciary duty to shareholders which the defendants breached through their intentional http://complaintandsummons.blogspot.com/searc...-results=2
COUNT ONE
Breach Of Fiduciary Duty
Defendant Dror Svorai and Defendant Jorge Schcolnik (collectively,"Board Defendants"
had a fiduciary duty to shareholders which the defendants breached through their intentional misconduct.The Board defendants breached the duty of care with actions that included their dilution of shareholder ownership the way they did.Board Defendants also breached the duty of loyalty to shareholders with actions that included the compensations they authorized for themselves and/or other executive. Count Two
Securities Fraud
Defendant Onteco Corporation and The Board Defendants undertook very fraudulent activities,lied,misled and filed untruthful and ambiguous or incomplete SEC reports.
A big part of the defrauding actions of Defendant Onteco Corporation and Board Defendants was intentionally intended and directed against the interest of the Plaintiff as a shareholder.Those actions were intended and done for the purpose of taking away the ownership the Plaintiff established in Defendant Onteco Corporation in the open market,and/or the rights that follow from that ownership,and lowering his percentage of that ownership and/or the rights that follow from that ownership.
The actions of the Board Defendants also involved direct self serving fraudulent activities.
Defendant Onteco Corporation with the Board Defendants and Defendant Action Stock Transfer Corporation also violated SEC rule 144 by allowing restricted shares to enter and be sold in the open market before the elapse of the holding period requirement on restricted shares.
The Board Defendants also intentionally tried to entangle or put Defendant Onteco Corporation in a position susceptible to being entangled with debt and fraudulently sold notes convertible to shares at cheap prices to parties they chose.Moreover despite the cheap price,conversion to shares was given as a choice to the parties these notes were sold to.
CHEERS
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Hambone....
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