LEGAL PROCEEDINGS
−Removed: In April 2019 the principals of WeSecure (see Note 8) filed lawsuit in California Superior Court
−Removed: seeking damages for non-payment balance of sale of WeSecure assets totaling $25,000, unpaid consulting fees payable to
−Removed: the two principals through to September 2019 totaling $125,924, and labor code violations of $48,434 all totaling
−Removed: $199,358 plus attorney’s fees and damages.
−Removed: The parties finally settled all claims with a full release for $180,000 in
−Removed: June 2019 payable in 14 monthly instalments as follows:
−Removed: The company has fully accrued the above $180,000.
−Removed: As of November 30, 2020 the Company has paid $30,500.
−Removed: filing the November 2019 through July 2020 instalments are in arrears.
+Added: In April 2019 the principals of WeSecure filed a lawsuit against the Company in California
+Added: Superior Court seeking a total of $199,358 plus attorney’s fees and damages.
+Added: The total included claims for the non-payment of a
+Added: balance from the sale of WeSecure assets to the Company, unpaid consulting fees payable to the two principals of WeSecure, and labor code
+Added: In June 2019, the parties settled all claims for $180,000, payable in 14 monthly installments, and a full release.
+Added: balance owing at February 28, 2021 was paid in full on March 17, 2021.
The related legal costs are expensed as incurred.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.