Eventus Capital, Inc. Obtains $120,000 Judgment Against CTX Technologies, Inc. and CTX Virtual Technologies, Inc. - KTUL.com - Tulsa, Oklahoma - News, Weather & Sports

Eventus Capital, Inc. Obtains $120,000 Judgment Against CTX Technologies, Inc. and CTX Virtual Technologies, Inc.

Posted: Updated:

NORTH PALM  BEACH, FL / ACCESSWIRE / March 10, 2014 / Eventus Capital, Inc. (“Eventus”) has obtained a $120,000 final judgment against Delaware companies CTX Technologies, Inc. and CTX Virtual Technologies, Inc. (OTCPink: CTXV) (collectively, “CTX”).

The judgment arose out of Eventus’ claim for breach of contract, stemming from a Consulting Agreement between Eventus, CTX Technologies, Inc. and CTX Virtual Technologies, Inc. Before filing the lawsuit, Eventus attempted to negotiate with CTX for it to pay to Eventus the $120,000 consulting fee at issue. CTX disputed that it owed the fee. Eventus then filed a complaint in Palm Beach County Circuit Court.

The parties ultimately entered into a settlement agreement that required CTX to register 250,000 restricted shares on behalf of Eventus’ principal, David Cohen, by a certain date. When CTX did not timely process the S1 registration of shares, Eventus moved the Court to enforce the settlement agreement. The Court then entered final judgment in the amount of $120,000 against CTX. The judgment currently remains pending against CTX.

About Eventus Capital, Inc.

Eventus Capital, Inc. is a private equity firm based in North Palm Beach, Florida.  

For further information, contact: 
David Cohen
Eventus Capital, Inc. 
Tel: (561) 839-4464 
info@eventuscapitalinc.com

 

Source: Eventus Capital, Inc.

ReleaseID: 412884

  • NewsMore>>

  • Power Outages Continue to Climb in Northeast Oklahoma

    Power Outages Continue to Climb in Northeast Oklahoma

    PSO confirms more than 10,000 customers are currently without power in Osage and Washington Counties as of midnight.More >>
    PSO confirms more than 10,000 customers are currently without power in Osage and Washington Counties as of midnight.More >>
  • Live Weather Update: Severe Weather

    Live Weather Update: Severe Weather

    The Tulsa's Channel 8 Weather Team is watching severe weather in our area.More >>
    The Tulsa’s Channel 8 Weather Team is watching severe weather in our area.More >>
  • Locals Excited About New Addition At Lake Keystone

    Locals Excited About New Addition At Lake Keystone

    Music, food and a beautiful view; that's how dozens of lake goers spent their Labor Day. They came out to the new two level bar and restaurant located at the harbor at Crosstimbers on Keystone Lake."We have the newest one of if not the largest floating restaurants in Oklahoma," said Ron Howell, owner and developer.Owner Howell gave me a tour of the restaurant. The downstairs has a long bar, flat screen TV's and about 50 seats inside."This is really designed to be an open air facility, but al...More >>
    Music, food and a beautiful view; that's how dozens of lake goers spent their Labor Day. They came out to the new two level bar and restaurant located at the harbor at Crosstimbers on Keystone Lake."We have the newest one of if not the largest floating restaurants in Oklahoma," said Ron Howell, owner and developer.Owner Howell gave me a tour of the restaurant. The downstairs has a long bar, flat screen TV's and about 50 seats inside."This is really designed to be an open air facility, but al...More >>
Powered by WorldNow

P.O. Box 8 Tulsa, OK 74101-0008

Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and KTUL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.