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Bullboard - Stock Discussion Forum Captiva Verde Industries Ltd ARDWF

Consumer Defensive Household & Personal Products
"Captiva Verde Industries Ltd is primarily involved in the production and sale of organic greens and other organic produce. Its product portfolio comprises baby spinach, kale, lettuce, arugula, kale, chard, and mizuna. The company has two geographic segments - Canada and the United States."

GREY:ARDWF - Post Discussion

Captiva Verde Industries Ltd > Captiva Verde suing for 5 million
View:
Post by Indomitable on Aug 10, 2016 5:54pm

Captiva Verde suing for 5 million

"The Issuer is suing a former law firm for professional malpractice. All the above are not material to the Issuer’s financial statements with the exception of the malpractice suit where the issuer is seeking at least USD $5 Million in damages."

I noticed this above, under number 12 on the progress report I posted here last night. I was curious how this effects the financial sttatements as it so states.

Also, because of what is stated, I was curious as to what happens if CV wins? Does that money go towards the company then?
Indomitable Cool

Comment by StockFox1 on Aug 10, 2016 6:49pm
It shows as profit if they win lol
Captiva Verde Industries Ltd
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