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stockyardbull4 6 posts  |  Last Activity: Dec 21, 2014 10:35 AM Member since: Aug 20, 2009
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  • stockyardbull4 by stockyardbull4 Dec 21, 2014 10:35 AM Flag

    RELIEF REQUESTED
    WHEREFORE, the SEC respecthlly requests that this Court enter a judgment:
    A. finding that Defendants violated Section 10(b) of the Exchange Act [15 U.S.C. 5
    78j@)] and Rule lob-5 thereunder [17 C.F.R. 5 240.10b-51;
    B. finding that Fife was a "control person" of Clarion Management for purposes of
    Section 20(a) of the Exchange Act [15 U.S.C. 5 78t(a)];
    C. permanently enjoining Fife and Clarion Management from future violations of
    Section 10(b) of the Exchange Act and Rule lob-5 thereunder;
    D. ordering Fife and Clarion Management to pay disgorgement of ill-gotten gains,
    plus prejudgment interest, either on a joint and several basis or independently;
    E. ordering Fife to pay an appropriate third-tier civil monetary penalty pursuant to
    Section 2 1( d)(3) of the Exchange Act [15 U.S.C. $ 78u(d)(3)];
    F. retaining jurisdiction over this action to implement and carry out the terms of all
    orders and decrees that may be entered; and
    G. granting such other and additional relief as this Court deems just and proper.
    Respectfully submitted,
    Steven J. Levine Illinois ARDC No. 6229621 Kenneth E. Yeadon Illinois ARDC No. 6273281 Linda T. Ieleja Illinois ARDC No. 6204334
    Attorneys for the Plaintiff SECURITIES AND EXCHANGE COMMISSION 175 West Jackson Boulevard, Suite 900 Chicago, Illinois 60604 (312) 353-7390
    DATED: January 18,2007

  • stockyardbull4 by stockyardbull4 Dec 19, 2014 11:43 PM Flag

    On December 15, 2014, a Memorandum Opinion and Order was issued by the United States District Court Northern District of Illinois Eastern Division granting the motion of John Fife, plaintiff ("Plaintiff"), for summary judgment against mphase Technologies, Inc. (the "Company") for breach of contract (the "Opinion"). All other claims and counterclaims were dismissed.

    The Company has commenced settlement negotiations with the Plaintiff and is exploring its options with regard to appeal; however, there is no gurantee of success. In the event that the Company's attempts to appeal or settle are unsuccessful, the Company will be required to pay an amount approximating the total liabilities accrued on the Company's balace sheet specifically for this matter.

    (John M. Fife owns 575,596,492 shares).

  • stockyardbull4 by stockyardbull4 Oct 24, 2014 9:27 PM Flag

    I wonder if he helped design the Challenger STS-51-L,

  • stockyardbull4 by stockyardbull4 Oct 20, 2014 12:29 PM Flag

    Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement. 4,000,000 offered for sale

  • Reply to

    Cubley's a genius!!

    by stockyardbull4 Oct 17, 2014 5:32 PM
    stockyardbull4 stockyardbull4 Oct 17, 2014 8:09 PM Flag

    Agreed!!

  • stockyardbull4 by stockyardbull4 Oct 17, 2014 5:32 PM Flag

    From October 11, 2014, through October 17, 2014, we issued 3,228,261 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.0128 per share. The issuance of the Shares constitutes 17.9% of our issued and outstanding shares based on 17,975,177 shares issued and outstanding as of October 10, 2014.
    From October 3, 2014, through October 10, 2014, we issued 3,055,000 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.0143 per share. The issuance of the Shares constitutes 20.476% of our issued and outstanding shares based on 14,920,177 shares issued and outstanding as of October 3, 2014.
    From September 27, 2014, through October 3, 2014, we issued 1,278,654 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.0304 per share. The issuance of the Shares constitutes 9.37% of our issued and outstanding shares based on 13,641,523 shares issued and outstanding as of September 26, 2014.
    From September 13, 2014, through September 26, 2014, we issued 3,205,000 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.035 per share. The issuance of the Shares constitutes 30.7% of our issued and outstanding shares based on 10,436,523 shares issued and outstanding as of September 12, 2014.

TXCCQ
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