CROWN EQUITY HOLDINGS INC. a Nevada Corporation; ZAMAN & CO, a Nevada Corporation (Plaintiffs),
Vs.
EQCO2, INC. (F/K/A CLEANTECH TRANSIT, INC.) a Nevada Corporation; DISCOVERY CARBON ENVIRONMENTAL SECURITIES CORPORATION, a Nevada Corporation; and WILLIAM BARNWELL, an individual; ROE Individuals 1-10; and DOE Entities I-X (Defendants)
Upon review of the Plaintiffs’ Ex-Parte Emergency Application for a Temporary Restraining Order and Motion for Preliminary Injunction, and good cause appearing:
IT IS HEREBY ORDERED that Plaintiffs’ Application is GRANTED. A Temporary Restraining Order is hereby issued restraining and enjoining all Defendants, their officers, directors, successors in interest, agents (including but not limited to transfer agent(s) ), employees, attorneys in fact, and all persons acting in concert or participating with them, or any of them, from directly or indirectly:
1. Further issuing, selling, transferring, hypothecating, diluting, or otherwise disposing, destroying or impairing CTI securities.
2. Consummating or executing upon the issuance of the Series “B” securities to William Barnwell.
3. Issuing, transferring, changing, disbursing, selling, dissipating, converting, pledging, assigning, foreclosing or otherwise disposing of any real or personal property or other assets, in their possession or under their control, or in the possession of, or under the control of, any of them, which property or other assets belong or belonged to CTI or were to be held for the benefit of the shareholders of nominal Defendant CTI whether in trust or otherwise, without further Order from this Court.
4. Taking any further corporate action or otherwise conducting any business on behalf of CTI.
5. Removing, destroying, mutilating, concealing, altering, transferring, or otherwise disposing of, in any manner, any books, records, documents, correspondence, brochures, manuals, or other documentation of any kind in the possession, custody or control of any of the Defendants that relate in any way to offer the sale of securities of Discovery Carbon Environmental Securities, Inc., or its subsidiaries.
6. Utilizing any assets or funds belonging to CTI for purpose of Defending the litigation underlying this order.
IT IS SO ORDERED
Dated this 13 day of September, 2013. DISTRICT COURT JUDGE
You can find the TRO (Temporary Restraining Order) awarded to Crown Equity Holdings Against Discovery Carbon and EQCO2, Inc. (CLNO) CEO Billy Barnwell (among others) at http://crownequityholdings.com/restraining_or...rnwell.pdf . Arnold F. Sock is Secretary and CFO of CLNO; Shad Sullivan is Director of the company.
Crown Equity Holdings is seeking a cancellation of the Exchange Agreement between Discovery Carbon Environmental Securities and Cleantech Transit, Inc. In addition, Crown Equity had notified the SEC, Finra and FBI of possible inappropriate solicitations, fraud and lack of transparency by EQCO2, Inc. (CLNO) CEO Billy Barnwell.
The Legal Complaint alleges breach of contract, nonperformance, fraud and misrepresentation against the Defendants.
Read the entire Lawsuit at ( http://crownequityholdings.com/CRWE_vs_EQCO2.pdf ) with the Case No. A-13-687800-C ( http://crownequityholdings.com/CaseDetail.aspx.htm ) and 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.
