warfaretrader
7 months ago
The latest filing on the 2nd case. The judge denied the motion for reconsideration. BYOC is most likely going to be on the hook for over 2.5 million dollars with loses in both cases. Both judges have ruled in favor of Jean in Summary Judgments in both cases. What I don't get is how does she think they're going to pay here anything. BYOC/Service800 is broke. I suppose they could give here Service 800 back, which in my opinion would be the best thing possible. I don't see any lender giving them a cent, especially with the lawsuit pending from Discover.
STATE OF MINNESOTA DISTRICT COURT
COUNTY OF HENNEPIN FOURTH JUDICIAL DISTRICT
_________________________________________________________________________________
Green Valley Associates Inc.,
Plaintiff,
v.
Service 800, Inc,
Defendant and
Third-Party Plaintiff,
v.
Jean Mork Bredeson,
Third-Party Defendant.
_________________________________________________________________________________
The above-captioned matter is before the undersigned Judge of District Court on
Defendant’s request for permission to move for reconsideration. The request was made
in a letter filed on December 12, 2023. Plaintiff filed a letter opposing the request on
December 12, 2023. Based upon all the files, records, and proceedings herein, the Court
makes the following:
Order
Defendant’s request for permission to move for reconsideration is denied.
By the Court:
Dated: December 29, 2023
Bridget A. Sullivan
Judge of District Court
warfaretrader
7 months ago
BYOC has now filed a lawsuit against the Jean and here Attorney. Gee it only took them years to bring suit against here and just pay the fee for doing so. Any coming that files a lawsuit against an individual has to pay a fee, don't remember how much but it's definitely worth it. BYOC screwed up on not having certain important documents like exhibit 296 due to missing the window for discovery. This one exhibit would have most likely shown the fraud by Jean.
Plaintiff’s lead counsel, Warner Law, was surprised to receive service of the
attached summons and complaint on November 20, a new lawsuit brought by
Beyond Commerce, Inc. against both George Warner’s law firm, Warner Law, LLC
and Jean Mork Bredeson, the plaintiff in this case (the new complaint is dated the
same day (Nov. 17) as our status conference with the Court about rescheduling
trial). The new complaint purports to state claims for “conversion by wrongful
levy,” “trespass by wrongful levy,” “civil theft,” “receiving stolen property,” and
unjust enrichment.
These claims arise in the context of Plaintiff’s attempts to collect on the judgment
for $2,464,496 issued by Your Honor in this case against BYOC on June 14, 2023.
BYOC counsel had objected to Plaintiff’s collection efforts in emails and we
suggested that they cite their legal authority for claiming Plaintiff’s efforts were
unjustified and/or that they bring their objections before Your Honor but,
obviously, they decided on a different tactic.
While this latest maneuver by BYOC and its lawyers may or may not form the
basis of Rule 11 sanctionable conduct, a violation of Minn. R. Prof. Conduct 3.3
(Candor Toward the Tribunal), or other guardrails to curtail over-zealous,
vexatious, and unreasonable attorney misconduct, this certainly complicates this
case and, in particular, rescheduling trial. Thus, we wanted to make the Court
aware of this development.
January trial dates now seem infeasible, regardless of the schedules of the parties,
counsel, and witnesses. We will update the Court as we evaluate the ramifications
of this latest development and decide how we need to proceed with respect to the
later trial dates proposed by the Court on November 17 (i.e., 3/11-3/29).
December 1, 2023
27-CV-20-3476
Thank you,
Filed in District Court
State of Minnesota
12/1/2023 4:51 PM
Seth Leventhal
warfaretrader
9 months ago
You are correct pennystock when i replied to investinyoface last evening BYOC still had not filed their report. As of this morning they've filed their delinquent 10K report, but they are still missing their latest 10Q that was due back in mid August, not sure how long they have to report that one. The OTC page still says they're under the grace period still. So not sure if this goes to the expert market or not without filing their late 10Q. Not sure who bought those shares. Those shares came off slow, like retail. The case has another case management hearing on Nov 17th, not that that matters, since they've had 20 or so over the years. lol
GL
warfaretrader
9 months ago
This is due to BYOC not being compliant with the OTC/SEC in their filings. Due to missing last quarter in mid August the clock started. I believe much of this is due to the case not being settled yet. Not sure how that plays out being BYOC has zero cash. I believe Service 800 has closed their doors as no one answers the phone, phone extensions don't work, etc. They entered into the "Grace Period" two weeks ago, so i expect that by weeks end BYOC will enter the "Expert Market". What this means is that normal retail "meaning you and anyone else" cannot trade the stock. It will remain dead until they become compliant again. It was the main reason why i unloaded my remaining shares, all but 5 million shares, just in case we see a class action lawsuit against Geordan and company.
Securities enter a Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. When a security enters a Grace Period, it can continue to be publicly quoted for 15 days. At the end of the 15-day Grace Period, if the required disclosure is not available, the security will move to the Expert Market for unsolicited quoting only, unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception.