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Post by thunkerdrone on Mar 24, 2015 13:16:58 GMT -5
QUOTE
March 18, 2015
RE: Clark County, NV Court Hearing Update
To All CMKM/NHHI Shareholders:
Another hearing was held yesterday, March 17, 2015 in Clark County, Nevada District Court regarding a large civil judgment obtained by CMKM, domesticated overseas, and now being challenged by the judgment debtor. Progress was made at the hearing, but another hearing has been scheduled for March 24, 2015 to continue untangling the facts and issues in this complex matter. If necessary, a final hearing is pre-scheduled for April 21, 2015.
As we have experienced for many years now and on many fronts, the legal process can be excruciatingly slow and unpredictable. Again, we have no choice but to stay the course and wait for the court to rule on this important matter.
The judgment debtor’s legal team has tried every tactic and maneuver in the book to delay the outcome, confuse the facts, and overturn our judgment. However, our lead counsel Bill Frizzell and our local counsel Jay Shafer have done an excellent job representing the interests of CMKM/NHHI, and we remain optimistic that the judge will rule in our favor.
I will provide an update after the hearing on March 24, 2014. Thank you.
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