Business
Court Order re: Issuance of Stock
Court Order re: Issuance of Stock.
About this update from Eko International Corporation
[{"type":"text","content":" Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable\t{mso-style-name:\"Table Normal\";\tmso-tstyle-rowband-size:0;\tmso-tstyle-colband-size:0;\tmso-style-noshow:yes;\tmso-style-priority:99;\tmso-style-parent:\"\";\tmso-padding-alt:0in 5.4pt 0in 5.4pt;\tmso-para-margin:0in;\tmso-para-margin-bottom:.0001pt;\tmso-pagination:widow-orphan;\tfont-size:10.0pt;\tfont-family:\"Times New Roman\",\"serif\";}EKO INTERNATIONAL CORP. (the “Company”) (EKNL) announcesthat THECOURT OF CHANCERY OF THE STATE OF DELAWARE has issued an order infurtherance of an application brought by CAPITAL PATH SECURITIES LLC andLEGENT CLEARING LLC to have re-issued 2,926,224 shares of EKO International Corp.common stock, which the company maintained were improperly sold out of acancelled 5,000,000 share certificate held by one shareholder that representeda position of more than 10% of the current issued and outstanding shares of28,756,809.Thecompany is presently considering its position in respect of the court decisionand as a result will hold the completion of the OEBIN transaction in abeyanceuntil the matter in respect of the ordered share issuance is finalized.","length":18267,"tagName":"div"}]