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Sustainable Power: Clarification Relating to Bartley Law Offices and Daniel Bartley
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Sustainable Power Corp. advises investors that while no formal termination of Bartley Law Offices had occurred prior to his resignation on October 1, 2008, that as General Counsel Daniel Bartley had indeed not only completed legal services for SSTP but also received stock of SSTP for services. As such, Sustainable Power believes that Mr. Bartley continues to owe a legal duty to SSTP to protect attorney-client privileged information and avoid conflicts of interest. The Board and Management at SSTP had nonetheless weeks ago terminated further discussions and utilization of Bartley Law Offices amid the serious allegations of fraud related to Redwood Consultants LLC by the Company. As Bartley Law Offices were referred to the Company by Redwood, management determined that further utilization of his services had become untenable. Mr. Bartley has subsequently advised SSTP that he continues to represent Redwood Consultants LLC despite what SSTP believes is a serious conflict of interest. SSTP has demanded that he terminate this relationship.
Effectively the inside legal role for the Company has been undertaken by Cutler Law Group, SSTP's corporate securities counsel who is currently preparing investor disclosures and SEC filings which await completion of our ongoing financial audit.
Management of Sustainable Power regretfully believes that the press release from Bartley Law Offices released on October 2, 2008 contains information which would be considered attorney-client privileged and consequently violative of Mr. Bartley's duties to Sustainable Power.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Investor Contact:
Fusion Consulting Group, LLC.
(702) 434-8692
Source: Sustainable Power Corp.
Sustainable Power Corp. advises investors that while no formal termination of Bartley Law Offices had occurred prior to his resignation on October 1, 2008, that as General Counsel Daniel Bartley had indeed not only completed legal services for SSTP but also received stock of SSTP for services. As such, Sustainable Power believes that Mr. Bartley continues to owe a legal duty to SSTP to protect attorney-client privileged information and avoid conflicts of interest. The Board and Management at SSTP had nonetheless weeks ago terminated further discussions and utilization of Bartley Law Offices amid the serious allegations of fraud related to Redwood Consultants LLC by the Company. As Bartley Law Offices were referred to the Company by Redwood, management determined that further utilization of his services had become untenable. Mr. Bartley has subsequently advised SSTP that he continues to represent Redwood Consultants LLC despite what SSTP believes is a serious conflict of interest. SSTP has demanded that he terminate this relationship.
Effectively the inside legal role for the Company has been undertaken by Cutler Law Group, SSTP's corporate securities counsel who is currently preparing investor disclosures and SEC filings which await completion of our ongoing financial audit.
Management of Sustainable Power regretfully believes that the press release from Bartley Law Offices released on October 2, 2008 contains information which would be considered attorney-client privileged and consequently violative of Mr. Bartley's duties to Sustainable Power.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Investor Contact:
Fusion Consulting Group, LLC.
(702) 434-8692
Source: Sustainable Power Corp.