EM Energy, Inc. Obtains Default Judgment September 17, 2015 on Litigation filed November 1, 2013
MESQUITE, NV / ACCESSWIRE / September 28, 2015 / EM Energy, Inc. (OTC: RZPK) obtained Default Judgment against 17 shareholders to cancel shares issued from EM Energy, Inc. (OTC: RZPK). Approximately 7.35% (1,101,712) of issued shares have been cancelled in District Court after process through Hague Convention and Central Authority of Japan. Fidelity Transfer Company will cancel issued shares based on Court Order. President, Jerry Cornwell stated that management is not familiar with any specific business operations still active in Japan by Ryozanpaku International, LTD. This action allows management to focus on closing other business matters that are pending without having this matter as over-hang.
FORWARD-LOOKING DISCLAIMER
This press release may contain forward-looking statements, including statements about the business plan and prospective financial condition of EM Energy, Inc. The forward-looking statements are subject to risks and uncertainties, including that the parties may not complete the transaction or that when completed, the transaction might be different than presently contemplated. Readers should not place undue reliance on the forward-looking statements. EM Energy, Inc. does not undertake any obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. In addition, any forward-looking statements regarding expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: whether EM Energy, Inc. can successfully execute its operating plan; its ability to integrate acquired companies and technology; its ability to retain key employees; its ability to successfully combine product offerings and customer acceptance of combined products; general market conditions; and whether EM Energy, Inc. can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
Info:
EM Energy Inc.
tcktsllc@earthlink.net
SOURCE: EM Energy Inc.
ReleaseID: 432271