Yuki Hirakawa: Creditor of Former Axion Ventures CEO Files Demand for 40,713,307 Shares Owed in BC Supreme Court
40,713,307
These figures accord with a spreadsheet prepared by Mr. Bonner and provided to Mr. Hirakawa on July 3, 2020, in which Mr. Bonner acknowledged that 28,713,307 AXV shares were owed to Mr. Hirakawa. The only error in Mr. Bonner s July 3, 2020 spreadsheet is the omission of the 2017 investment and the 12,000,000 AXV shares owed to Mr. Hirakawa in respect of that investment. Mr. Bonner admitted to Mr. Hirakawa in writing that this omission was an error on Mr. Bonner s part.
Purported impact of cease trade orders
In 2020, Mr. Bonner and Mr. Hirakawa had extensive email communication in which Mr. Hirakawa repeatedly demanded that Mr. Bonner, Nithinan, and/or their affiliated entities transfer to Mr. Hirakawa the 40,713,307 shares that were owed to him. Mr. Bonner repeatedly acknowledged that the shares were in fact owed to Mr. Hirakawa and indicated (a) that he cou
Hot Penny Stocks To Buy Now? 4 To Watch After Roblox (RBLX) IPO dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.
MKGI
) relating to its proposed merger with Hotplay Enterprise Limited, and stockholders of Axion Ventures, Inc. Under the terms of the agreement, MKGI shareholders will retain ownership of less than 20% of the company.
The investigation focuses on whether Monaker Group, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
.
About Monteverde & Associates PC
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Monaker Group, Inc prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.