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The first few months for Billy Barnwell as CEO of EQCO2, Inc. (CLNO) have been full of surprises including alleged fraud and misrepresentation.
Since the press release on Aug 20, 2013 in which Crown Equity Holdings Inc. (CRWE) announced it is seeking a cancellation of the Exchange Agreement between Discovery Carbon Environmental Securities and Cleantech Transit, Inc . and is notifying the SEC, FINRA and FBI of inappropriate solicitations, fraud and lack of transparency by EQCO2, Inc. CEO Billy Barnwell, Shad Sullivan for possible insider trading and more ( http://finance.yahoo.com/news/crown-equity-ho...00623.html ), there have been further developments including alleged fraud and misrepresentation in a lawsuit filed on behalf of Crown Equity Holdings Inc. (CRWE) and ZAMAN & Co. CEO Mike Zaman.
On August 30, 2013, Crown Equity Holdings Inc. (CRWE) filed a legal Complain t in the District Court Clark County, Nevada, alleging breach of contract, nonperformance, fraud and misrepresentation against Discovery Carbon Environmental Securities, Inc. and EQCO2, Inc. (CLNO) CEO William Barnwell ( http://crownequityholdings.com/CRWE_vs_EQCO2.pdf ) with the Case No. A-13-687800-C ( http://crownequityholdings.com/CaseDetail.aspx.htm ). Arnold F. Sock serves as EQCO2, Inc. (CLNO) Secretary and CFO.
You can find Current SEC Filings at http://crownequityholdings.com/sec_filings.html
Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as the Company or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, such statements in this release that describe the company’s business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company.
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