$IFUS sues ex-directors for millions!

New Post Public Reply Private Reply Replies (1) Message Board
Ecomike PoemStone #568
4,013
No one sues a dead worthless shell company, that is why there is all the chat about the IFUS law suits now, like this one:

https://cdn.discordapp.com/attachments/451937...eCourt.pdf

Where IFUS sued the ex-IFUS-SupremeEnergy directors and Absorbezz for....

Quote:
Case Number: CACE-16-002767 Division: 08 Filing # 37830403 E-Filed 02/15/2016 05:56:49 PM
IN THE CIRCUIT COURT OF THE 17TH JUDICIAL CIRCUIT IN AND FOR BROWARD COUNTY, FLORIDA
CASE NO.
F.B.N. 288136
IMPACT FUSION INTERNATIONAL, INC.,
a Nevada Corporation and
SUPREME ENERGY RESOURCES, INC.,
a Nevada Corporation,
Plaintiffs,
-vs-
STEVEN ADELSTEIN,
JOSEPH SCIVOLETTO and
ABSORBEZZ, LLC., a Florida limited
liability company,
Defendants.
COMPLAINT
Plaintiffs, IMPACT FUSION INTERNATIONAL, INC., SUPREME ENERGY
RESOURCES, INC., sue Defendants, STEVEN ADELSTEIN, JOSEPH SCIVOLETTO
and ABSORBEZZ, LLC., and alleges:

8. Plaintiff, IMPACT, is the original and current owner of a formula and process which comprises a product known as "Nutri-Mastic." Nutri-Mastic is a combination of minerals and mastic gum which are processed into a liquid which has many benefits of absorption, and which kills bacteria. It is sold in human and animal nutritional supplements by IMPACT. Nutri-Mastic increases the health and wellness of humans and animals, such as domestic pets and livestock.

9. The aforementioned formula is a "Trade Secret" pursuant to § 688.002 (4) of the Florida Statutes which derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use.

10. Plaintiff, SUPREME, was given exclusive rights, by IMPACT, to distribute and sell Nutri-Mastic in the stream of commerce. This permission was contractually given in approximately December, 2012.

11. In February, 2009, SCIVOLETTO became a member of the Board of Directors
of IMPACT, and he assumed all of the duties, including fiduciary duties, attendant to one who serves on that Board of Directors of IMPACT.

12. In April, 2009, SCIVOLETTO became a member of the Board of Directors of SUPREME, and he assumed all of the duties, including fiduciary duties, attendant to one who serves on that Board of Directors of SUPREME.

13. In his position as a member of the Board of Directors, SCIVOLETTO had access to all of the proprietary information owned by SUPREME concerning its products, including, but not limited to, the core ingredients of the Nutri-Mastic product for animal consumption.

14. In February, 2009, IMPACT purchased the forerunner of the Nutri-Mastic product from Defendant SCIVOLETTO and from a company known as Intact Enterprises, Inc., a Florida Corporation. At that time, IMPACT purchased all rights to have the product manufactured and to be able to sell it to the wholesale and consumers market across the United States and Europe, including, but not limited to consumers in the State of Florida. The purchase included a "patent pending" for the forerunner of the Nutri-Mastic product.

15. At all times material from the date of the aforementioned sale, SCIVOLETTO was under a duty to maintain complete permanent secrecy as to the formula for the Nutri-Mastic product.

16. Subsequent to the purchase of the forerunner of the Nutri-Mastic product, IMPACT changed the name of the product which was purchased to "Nutri-Mastic," IMPACT started manufacturing that newly named product through the same manufacturer as was making it prior to the aforementioned purchase, and IMPACT began selling the product in the wholesale and consumer marketplaces.

17. Once the sale was completed to IMPACT, SCIVOLETTO and Intact Enterprises,Inc., had no rights to sell the forerunner product or use the brands of IMPACT.

18. IMPACT FUSION licensed, in December, 2012, SUPREME, to sell the Nutri-Mastic formulated product in the stream of commerce for only animal feed.

19. In 2013, Defendant ADELSTEIN became a member of the Board of Directors of SUPREME, and assumed all of the duties, including fiduciary duties, attendant to one who serves on that Board of Directors. These duties included the obligation not to disclose confidential and proprietary trade secret information of SUPREME, as licensed by IMPACT.

20. In his position as a member of the Board of Directors, ADELSTEIN had access to all of the proprietary information owned by SUPREME concerning its products, including, but not limited to the core ingredients of the Nutri-Mastic product for animal consumption.


21. As a member of the SUPREME Board of Directors, ADELSTEIN had a fiduciary duty to SUPREME to maintain and guard the secrecy as it pertains to the Nutri-Mastic product and other products owned by SUPREME. These duties included the obligation not to disclose confidential and proprietary trade secret information of IMPACT.

22. On July 13, 2013, ADELSTEIN and SCIVOLETTO were formally removed for cause as members of SUPREME the Board of Directors.

23. On July 15, 2013, ADELSTEIN started the limited liability company known as ABSORBEZZ LLC., in Broward County, Florida.

24. After ABSORBEZZ LLC., was formed, both ADELSTEIN and SCIVOLETTO became shareholders of ABSORBEZZ LLC.

25. Following the removal of ADELSTEIN and SCIVOLETTO, and the formation of ABSORBEZZ LLC., SUPREME and IMPACT started to lose business sales pertaining to


two products known as "Supreme Gold Plus" and "Equine Intact," both of which included the core proprietary formula ingredients of the Nutri-Mastic product.

26. Upon information and belief, in 2013, ABSORBEZZ LLC., at the direction of ADELSTEIN and SCIVOLETTO, began selling a nutritional product primarily for chickens, swine, cattle and deer in the United States. That nutritional product was the proprietary Nutri-Mastic formulated product, which had been sold with exclusive rights given to SUPREME by IMPACT.

27. For each sale of any product sold by SUPREME with Nutri-Mastic as a component, IMPACT was entitled to monetary compensation since SUPREME had to purchase the Nutri-Mastic from IMPACT prior to SUPREME selling its products to the wholesale and consumer markets.

COUNT I- VIOLATION OF FLORIDA'S UNIFORM TRADE SECRETS ACT
(AS TO ALL DEFENDANTS)

28. The allegations of paragraphs 1 through and including 27 are incorporated herein as if fully set forth.

29. At all times material, ADELSTEIN and SCIVOLETTO employed "improper means," as defined in § 688.002 of the Florida Statutes, to use the IMPACT/SUPREME Nutri-Mastic formula, which, at all times material, comprised the proprietary Nutri-Mastic product and to sell it to third party consumers in the stream of commerce, without the permission of the Plaintiffs. Specifically, "improper means" includes a breach of a duty to maintain secrecy as ADELSTEIN and SCIVOLETTO were former directors of SUPREME.

30. At all times material, ADELSTEIN and SCIVOLETTO misappropriated the confidential proprietary trade secrets of SUPREME and IMPACT pertaining to the formula of the Nutri-Mastic product, as both ADELSTEIN and SCIVOLETTO knew and had reason to know that the IMPACT and SUPREME trade secrets pertaining to Nutri-Mastic were being used without the express or implied consent of IMPACT and SUPREME.

31. Both ADELSTEIN and SCIVOLETTO are persons who derived knowledge of the aforementioned trade secret by their positions as former members of the Board of Directors of SUPREME. Directors and former directors owed a duty to SUPREME to maintain the secrecy of the trade secret.

32. Both ADELSTEIN and SCIVOLETTO had a duty to maintain the secrecy of the Nutri-Mastic formula and were aware that the formulation of Nutri-Mastic was a proprietary trade secret which, at all times material, was and is a trade secret of the Plaintiffs.

33. Both ADELSTEIN and SCIVOLETTO knew, at all times material, that IMPACT and SUPREME made efforts which were reasonable under the circumstances, to maintain the secrecy of the product.

34. As a direct and proximate result of the misappropriation of the trade secrets of IMPACT and SUPREME, Defendants ADELSTEIN and SCIVOLETTO have caused IMPACT and SUPREME to suffer monetary damages, including, but not limited to the actual past and future losses caused by the misappropriation and the unjust enrichment caused by the aforesaid misappropriation.

35. As to Defendants ADELSTEIN and SCIVOLETTO, the misapproprialions, as set above, were willful and malicious, and therefore, pursuant to § 688.005, the Plaintiffs are entitled to the award of reasonable attorney's fees.
WHEREFORE, Plaintiffs, IMPACT FUSION INTERNATIONAL, INC., SUPREME ENERGY RESOURCES, INC., demand judgment against the Defendants, STEVEN

ADELSTEIN, JOSEPH SCIVOLETTO and ABSORBEZZ, LLC., for past and future damages, pre-judgment interest, post judgment interest, attorney's fees pursuant to Section 688.005 of the Florida Statutes, the taxable costs of this action and such further relief as this Honorable Court deems appropriate and further respectfully demand a trial by jury of all issues so triable as of right.
Dated this Allay of February, 2016.
LAW OFFICE OF MITCHELL A. CHESTER, P.A.
Attorney for Plaintiffs
7951 SW 6th Street, Suite 112
Plantation, Florida 33324-3211
(954) 759-9960 I FAX (954) 759-9930
Primary E-mail:
mchesterlaw@gmail.com
Secondary E-mail:
mchester itchellchest .com




Impact Fusion International Inc (IFUS) Stock Research Links

IFUS Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Victory Capital Faces Legal Scrutiny Over $7B Deal

Updated Category News Views 2

Victory Capital's $7 Billion Gamble Under the Microscope New day, new twist in the financial soap opera we call mergers and acquisitions. This time, the spotlight shines on Victory Capital Holdings, Inc. (NASDAQ: VCTR) and its big-dollar dance to acquire First Eagle for a whopping $7 billion. Now, Juan Monteverde, Esq., and his team over at Monteverde & Associates PC have...

Continue Reading
Capricor Faces Lawsuit: Investors Should Take Note

Updated Category News Views 4

Capricor Therapeutics: A Rough Road Ahead If you've got skin in the game with Capricor Therapeutics, these latest developments might have you feeling a bit queasy. Forget the greasy diner fare today; this situation calls for some serious contemplation and maybe a bit of antacid. Over at NASDAQ:CAPR, the air is hot with allegations, stock price nosedives, and looming legal...

Continue Reading
Drones Propel Precision Agriculture Market's Skyrocketing Growth

Updated Category News Views 1

Transforming Fields with a Bird's Eye View The old-school way of agricultural surveying is about as appealing as a broken plow in a rainstorm. Trudging across miles of farmland, hoping to spot issues before they turn into wallet-drainers—who's got time for that? Enter drones, the buzzing saviors of the modern farm. These high-tech marvels, loaded with multispectral and...

Continue Reading
PGI's Award-Winning Febreze Cabin Air Filters Shines Again

Updated Category News Views 9

A Breath of Fresh Air for the Auto Aftermarket How often do you even think about the quality of air inside your vehicle? If you're like most folks, it's not often. But Premium Guard Inc. (PGI) has been busy changing that narrative. Their Febreze Cabin Air Filters just snagged the 2026 MOTOR Top 20 Awards, proving that they're not just a pretty face in the automotive...

Continue Reading
Jan Pancar's Privateer Triumph in Italian MX1 Racing

Updated Category News Views 1

The Grit Behind Jan Pancar's Victory Now, tell me this isn’t a story that'll light a fire under anyone chasing an underdog tale. Jan Pancar, a rider marching to the beat of his own moto tune, just snagged the 2026 Italian Prestige 24MX MX1 title. Here’s the kicker: he did it racing for the family-led TEM JP253 KTM Racing Team, not some big-money factory squad. Triumph...

Continue Reading
Check Point Shareholders Back 2026 AGM Proposals

Updated Category News Views 2

Shareholder Endorsement Solidifies Check Point's Strategy Today, Check Point Software Technologies had a bit of a celebratory mood. Their stakeholders, it seems, aren't just riding the wave; they're all in. You could almost hear the cheers from Redwood City when those shareholder voting results flashed across the board. Some 81.2 million shares—encompassing about 79.52%...

Continue Reading
ITP Media's Bold Move: Ready for Asian Market Surge

Updated Category News Views 4

Pushing Boundaries: ITP Media Group Eyes Asia ITP Media Group isn't here to tiptoe around the media market; they're diving headfirst with the recent takeover of Heart Media Group. A bold move, some might say, in this volatile world of media mergers and acquisitions. But let's break down what this really means. A Strategic Bet on Luxury To start, ITP Media is beefing up...

Continue Reading
Catholic Colleges Excel in AI Readiness, Study Shows

Updated Category News Views 2

Faith and Tech: An Unexpected Alliance? Alright, here's something that'll make you sit up: Catholic college grads are not just busy sipping their morning coffee while they muse over moral philosophy—they're out there on the front lines of artificial intelligence, better prepared and more engaged than their peers from secular schools. According to the latest Holistic...

Continue Reading
Doug Larson Takes Helm at Integra Pool Covers

Updated Category News Views 0

A Seasoned Pro Joins Integra Pool Covers Change is afoot over at Explore Industries. They just tapped Doug Larson to be the General Manager for their Integra Pool Covers division. Now, I've seen plenty of hiring announcements in my day, but this has got an interesting ring to it. With Doug on this ship, it's like bringing a wolf back to the wild. Larson's no stranger to...

Continue Reading
PLAY Palm Angels Launches at Pacsun with Avani Gregg

Updated Category News Views 3

Revamping Streetwear with PLAY Palm Angels and Pacsun In a move that's making waves from the fashion runways straight into the heart of youth culture, PLAY Palm Angels is swooping into Pacsun, and they’re not just strolling in—they’re parading with a 41-piece fashion collection. Not to mention, they've snagged Avani Gregg, a powerhouse cultural influencer, to strut...

Continue Reading

Top 5 Most Recently Viewed Articles

HiSmile Toothbrush Claims Reviewed by Advertising Authorities

Updated Category News Views 94

Review of HiSmile Toothbrush Claims Underway The National Advertising Division (NAD) of BBB National Programs has recently referred the advertising claims made by HiSmile PTY about their toothbrushes to regulatory authorities. This decision follows HiSmile's choice to forgo the industry self-regulation process to address the concerns that were raised. Competitor...

Continue Reading
Gaxos.ai Enhances Game Development with Recraft AI Solutions

Updated Category News Views 124

Gaxos.ai Enhances Its Capabilities with Recraft AI Integration Gaxos.ai Inc. is making strides in the realm of artificial intelligence by successfully integrating Recraft AI into their innovative platform known as Gaxos Labs. This integration marks a significant enhancement in the suite of tools available for game developers and publishers, reinforcing Gaxos's commitment...

Continue Reading
Corporate Carbon Group Enhances Operations with Carbon Zero Solution

Updated Category News Views 298

Corporate Carbon Group Optimizes Operations with Carbon Zero Corporate Carbon Group (CCG), a premier developer in Australia's carbon abatement project sector, is taking a significant step forward by employing ION's Carbon Zero solution to boost its functionality and scalability for the future. Key Role in the Carbon Market Since its establishment in 2010, CCG has been...

Continue Reading
Teamsters Triumph in Florida: A New Beginning for Drivers

Updated Category News Views 215

Teamsters Celebrate Victory with Breakthru Beverage In a significant achievement for labor rights, 160 Teamsters have successfully concluded their strike against Breakthru Beverage, marking a momentous occasion in Florida's labor movement. After 400 challenging days on the picket line, these dedicated drivers have ratified a strong first contract that ushers in a new era...

Continue Reading
Haleon's Strategic Share Repurchase Boosts Market Confidence

Updated Category News Views 40

Haleon's Strategic Share Repurchase and Its Impact Haleon plc (LSE/NYSE: HLN), a prominent player in the consumer health sector, has made headlines by completing an off-market share repurchase from Pfizer Inc. (NYSE: PFE). This strategic move involved acquiring 60,526,315 ordinary shares, costing £230 million. Following this transaction, Haleon decided to cancel half of...

Continue Reading