GREY:FGBDF - Post by User
Comment by
Ricorenoson Sep 18, 2017 10:03am
176 Views
Post# 26708338
RE:RE:fgd
RE:RE:fgdEigen337 wrote: This APPEARS to be an INITIAL ROUND LEGAL VICTORY for FGD !!!
Note this statement in NR:
"In response to the Application brought by Fountain scheduled to be heard on August 3, the Company and First Global Data Corp. brought a motion heard by the court on August 3, 2017 to convert the Application to an action, and to consolidate the action with the 2017 Action. In her written Endorsement dated August 24, 2017, Madam Justice Kristjanson agreed with the Company's motion request and directed that the Application be converted to an action, and that the claims raised in the Application be advanced as a counterclaim in the 2017 Action. As a result of this ruling, the Court is expected to adjudicate the issues raised in both the Application and the 2017 Action in the same proceedings at some future date not yet scheduled."
**********
This is my opinion only.
Eigen337
How is that a victory?? The only thing decided here is that two paries can sue each other, nothing more! This is going to go one for the next five years, eating up resourses and energy that should have been devoted to advancing the company, not funding lawyers and the court system! Even if FGD wins the suit,,, they lose,, as do we the shareholders!