Owner
Post by Franko10 ™ on Apr 11, 2008 8:43:05 GMT -5
4-10-08
Dear Shareholders,
On Monday, April 7, 2008 the Company was served with a lawsuit from the Securities and Exchange Commission. The SEC is seeking injunctive relief and disgorgement of profits from numerous parties who were involved with the Company in the past. At the time this lawsuit was filed, I was out of town on Company business and was not able to return to the office until this morning. As you can well imagine, there are many sensitive issues that must be discussed with our corporate legal counsel and with the SEC before any official statements can be released to the public.
At this time the Company stands firmly behind the findings of the SEC as they are explained in the lawsuit. Since I was appointed sole officer and director in March of 2007, the Company has cooperated fully with the SEC investigation and I look forward to continuing this relationship.
As documents and other information become available for release to the public, we will post them on the Company website.
Sincerely,
Kevin West
CEO, President & Chairman
Dear Shareholders,
On Monday, April 7, 2008 the Company was served with a lawsuit from the Securities and Exchange Commission. The SEC is seeking injunctive relief and disgorgement of profits from numerous parties who were involved with the Company in the past. At the time this lawsuit was filed, I was out of town on Company business and was not able to return to the office until this morning. As you can well imagine, there are many sensitive issues that must be discussed with our corporate legal counsel and with the SEC before any official statements can be released to the public.
At this time the Company stands firmly behind the findings of the SEC as they are explained in the lawsuit. Since I was appointed sole officer and director in March of 2007, the Company has cooperated fully with the SEC investigation and I look forward to continuing this relationship.
As documents and other information become available for release to the public, we will post them on the Company website.
Sincerely,
Kevin West
CEO, President & Chairman
