Looks like you misread the settlement and the comp
Post# of 7802
Posted On: 02/23/2016 7:42:09 PM
Re: Coat Tail Rider #1757
Looks like you misread the settlement and the complaint. Micah was not mentioned in the complaint and the settlement wasn't for $1. I linked it again and highlighted to dollar figures the prevent confusion.
...by the signatures below stipulate that defendant(s) is/are indebted to plaintiff(s) in the sum of $10,853 plus court cost of $430 interest of N/A and attorney's fees of $2400 , which defendant(s) agree(s) to pay...
https://www.scribd.com/doc/300099086/SFRX-settlement-2-21-13
Total $13,683. This is what Kyle filed.....after it was settled.
On February 24, 2011, the Company was named as defendants in Case Number 11000393CC filed in the Circuit Court of Martin County, Florida, by a limited liability company. The limited liability company is claiming that the Company owes $12,064, plus court costs and attorney’s fees under a lease agreement. The plaintiff is demanding that the court render judgment against the Company in the amount of $12,064, plus court costs and attorney’s fees pursuant to Section 720.305(1) of the Florida Statutes costs and other relief as the court deems just and proper. Management believes that the limited liability company was paid all of the fees owed to it under the lease agreement and the Company plans to mount a vigorous defense against this claim and is currently seeking all attorney’s fees and costs for what it sees as a spurious claim. The Company has presented proof of payment for all billed liabilities and believes that full payment was made. The Company has filed and will keep pending a motion for sanctions and dismissal of the cause of action. On February 21, 2013, both parties settled the matter with neither party making any admission of liability.
That's on page 10 here: http://www.sec.gov/Archives/edgar/data/110621...-15847.htm
$1...huh?
I'll trade you half of what they settled for...for twice the settlement you said it was.
Quote:
All this from a known liar and stock manipulator, SmallCapsMarket.
Looks to me like they "agreed" to pay $1. Which tells me it was a frivolous suit that was costing too much so they settled and paid basically nothing.
...by the signatures below stipulate that defendant(s) is/are indebted to plaintiff(s) in the sum of $10,853 plus court cost of $430 interest of N/A and attorney's fees of $2400 , which defendant(s) agree(s) to pay...
https://www.scribd.com/doc/300099086/SFRX-settlement-2-21-13
Total $13,683. This is what Kyle filed.....after it was settled.
On February 24, 2011, the Company was named as defendants in Case Number 11000393CC filed in the Circuit Court of Martin County, Florida, by a limited liability company. The limited liability company is claiming that the Company owes $12,064, plus court costs and attorney’s fees under a lease agreement. The plaintiff is demanding that the court render judgment against the Company in the amount of $12,064, plus court costs and attorney’s fees pursuant to Section 720.305(1) of the Florida Statutes costs and other relief as the court deems just and proper. Management believes that the limited liability company was paid all of the fees owed to it under the lease agreement and the Company plans to mount a vigorous defense against this claim and is currently seeking all attorney’s fees and costs for what it sees as a spurious claim. The Company has presented proof of payment for all billed liabilities and believes that full payment was made. The Company has filed and will keep pending a motion for sanctions and dismissal of the cause of action. On February 21, 2013, both parties settled the matter with neither party making any admission of liability.
That's on page 10 here: http://www.sec.gov/Archives/edgar/data/110621...-15847.htm
$1...huh?
I'll trade you half of what they settled for...for twice the settlement you said it was.
(1)
(3)