07/12/2022
Legal Judgements
06/17/2022
A judgement was made in favour of Venture Investment Group II, LLC vs. Nurish.Me Inc. (Case No. 2020-010773-CA-01) with the 11th Judicial Circuit, Miami-Dade County, Florida for the principal sum of $7,889,660.70, which shall accrue interest at the statutory rate, for which sum let execution issue.
CEO/ Director Resignation
06/22/2022
Caesar Kavadoy formally resigned from both his Director role and CEO of the company.
Chief Formulation Officer/ Director Resignation
06/22/2022
Michal Heger formally resigned as both a Director of the company and as Chief Formulation Officer stating the breach of the employment contract as one of a number of factors contributing to his decision.
Board Member Resignation
06/23/2022
Daniel Dietz formally resigned from his position as Director
Strategic Alliance and Joint Venture Agreement Termination
06/25/2022
The Strategic Alliance and Joint Venture Agreement between Nurish.Me and Morris Formulations, LLC signed on September 15, 2021 for the sale of Cogni Nurish has been terminated by Morris Formulations, LLC. CogniNurish has since been removed from sale on our website and through any other channels.
Closure of Production Facility
06/13/2022
Our products, production facility has closed whilst it relocates operations to Texas, they expect it will reopen in October 2022 at the earliest and this may extend beyond October and possibly into 2023
Garnishment of Shopify Payments/ Stripe account by Venture Investments judgment
05/12/2022
Notice of Levy $12,856.61 balance
Under Writ of Execution (Money Judgement)
Default on Shopify Capital Loan
05/20/2022
As a result of the Garnishment Order above the Shopify Capital loan was automatically placed in default following Stripe receiving the Writ of Execution documents.
In light of these events, a date for an AGM / shareholder meeting will be formally announced by the board by the close of business on the 17th of July 2022