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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rocky Mountain High Brands Inc (PK) | USOTC:RMHB | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0064 | 0.005 | 0.007 | 0.0064 | 0.0058 | 0.0058 | 28,558 | 21:00:00 |
Dallas, TX -- December 24, 2018 -- InvestorsHub NewsWire -- via OTC PR WIRE -- Former Chairman of Rocky Mountain High Brands (OTCQB: RMHB) Jerry Grisaffi has been granted an appeal with the Fifth District Court of Appeals for Dallas County, Texas (Court of Appeals Number: 05-18-01020-CV; Trial Court Case Number: DC-17-15441) and is requesting that the Court of Appeals reverse the default judgment entered against him on August 30, 2018 in District Court.
"The appeal was filed because the District Court entered a default judgment against me on a procedural technicality without giving me the opportunity to introduce important evidence which will have an effect on the outcome of the District Court's final decision," says Jerry Grisaffi. "We strongly believe the District Court's ruling will be reversed by the Court of Appeals and we will prevail in District Court when this evidence is introduced, and a decision is issued in District Court based on the merits of the case as opposed to a technicality." After reviewing the letter briefs filed at the request of the Court of Appeals, the Court of Appeals determined it has jurisdiction to hear Grisaffi's appeal. Appellant Jerry Grisaffi's brief on the merits is due January 17, 2019. Now that the appeal has been accepted by the Court of Appeals, the default judgment entered against Jerry Grisaffi as well as the enforceability of that judgment has been called into question.
Jerry Grisaffi has also filed a lawsuit in the District Court of Dallas County, Texas against his former personal attorney David Seeberger for legal malpractice and is seeking damages in the amount of $1,000,000. This is not the first time David Seeberger has been in trouble with the State of Texas. In 2004, David Seeberger was disciplined by the State Bar of Texas for professional misconduct and was placed on a fully-probated suspension.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
PRESS RELEASES: OTC PR WIRE, LLC
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