VitaminSpice (VTMS.PK)News today! VTMS Chief Exe

VitaminSpice (VTMS.PK)News today! VTMS & Chief Executive Officer Ed Bukstel have been sued for defamation in Orange County, California Superior Court, case number 30-2012-00567141. A copy of the complaint is available at www.occourts.org and at www.jehu.com/originalcomplaintvtms.pdf. The complaint, filed by prominent securities attorney Jehu Hand, alleges that the defendants VitaminSpice and Ed Bukstel libeled Jehu Hand in the press release issued by them on April 25, 2012. That widely disseminated press release stated that motions filed in the Federal Bankruptcy Court for the Eastern District of Pennsylvania included documents that allegedly demonstrated that Jehu Hand and others perpetrated forgeries. The complaint further alleges that these and other statements in VitaminSpice's press release were untrue and defamatory and, furthermore, that the statements regarding purported forgeries are expressly contrary to the findings of the Bankruptcy Court. A copy of the Court's order can be viewed at http://www.jehu.com/memodismisscase.pdf. Specifically, in his testimony before the Court, Ed Bukstel alleged that two loans of $50,000 and $35,000, reported as outstanding in VitaminSpice's quarterly reports for the March and June 2010 quarters, were not valid since his signatures on the loan documents were allegedly forged. The Court found that the two loans in question were valid and not subject to a bona fide dispute, and that Bukstel's claim that his signatures on the loan documents were forged was unsupported by the evidence. SOURCE Jehu Hand