Friday, March 25, 2011

The Adkins Suit

The SkunK will try to sum up the filings below.  This is dangerous since I only know what I know and only see what I see - but here goes:

Adkins Energy LLC had a prior relationship with GreenShift.  Generally, that relationship was as a COES customer.  Presently, it is on the list of those being sued for using GreenShift's COES patent without a license.  Years ago, during construction some of the contracted work was paid for by Adkins, seemingly due to GreenShift's inability to pay the sub-contractor. 

Adkins paid the contractor and then went with a non-patented COES.  GreenShift is still litigating the patent issue and now Adkins is suing GreenShift for the money ($130,000) that Adkins paid the subcontactor.  GreenShift responds, in part, that the services Adkins paid for provided Adkins with value - value that they continue to benefit from.  In any case, here is some of the related filings published together for you to take a look.
************************
Adkins' Motion for Breach of Contract Judgement HERE
Adkins' Memo in Support HERE
Mr. Baker's (Adkins CFO) Statement HERE

The GreenShift Filing in answer SEE HERE

************************
SkunK

No comments:

 
Free Blog CounterTamron