Post by
LosWages on May 09, 2021 11:32pm
Monkey see Monkey Do
Looks like Vancouver office is run like Vegas Studio
On December 14, 2020, Devkey Consulting Limited (“Devkey”), a company controlled by the former CFO of Playgon Paul Dever, initiated a civil claim against the Company in the Supreme Court of British Columbia (the “Court”) for failure to pay monthly fees and invoiced expenses from July 2018 to August 2020 and an unpaid severance amount upon termination of his consulting contract. The claim was for €231,569 (CAD - $373,613) and on December 16, 2020, the Court ordered the full amount claimed be garnished from the Company and paid into court until a judgement on the claim is reached. The Company has retained legal counsel regarding this matter and strongly believes the garnishment order will be lifted. As at December 31, 2020, the Company has recorded the full amount of the garnishment as “Other Assets” on the consolidated statement of financial position.