May 10, 2012 at 09:53 AM EDT
VitaminSpice Responds To Frivolous Filings By Its Former Counsel Jehu Hand
VitaminSpice, Inc. (PINKSHEETS: VTMS) will aggressively defend and address via the legal system its former counsel Jehu Hand and his conspirators. This latest lawsuit is the 7th in a string of serial filings that have been made by Jehu Hand and his shell companies.
VTMS will not tolerate the outrageous allegations by Jehu Hand and his followers. Jehu Hand knows that he has filed this lawsuit in the wrong Jurisdiction as evidenced by a previous court ruling from yet another lawsuit previously filed by Jehu Hand and his conspirators dated March 18, 2011. The ruling, by Judicial Officer, David Chaffee, states unequivocally by the Superior Court for the State of California that there is no jurisdiction for a Lawsuit. The current filing is frivolous and the court has already ruled that Mr. Hand (through his shell companies and alter egos) has no Jurisdiction over VTMS.
VTMS uncovered a "pump and dump" scheme that was controlled by Jehu Hand and his conspirators. Documentation from Penson Financial (Dallas, TX) demonstrates that over $1.2 million dollars was taken by Jehu Hand and his conspirators. Spartan Securities demonstrate and document Jehu Hand's apparent criminal intentions and outright forgery.
In a meeting in Irvine, CA, Jehu Hand allegedly attempted to bribe Edward Bukstel, CEO of VTMS, with money to allow Jehu Hand and his associates to continue their "pump and dump" scheme. Bukstel said no to any of the bribes offered by Jehu Hand. The result is a series of meritless and frivolous Lawsuits by Jehu Hand and his shell companies that have dead or non-existent shareholders, or are alter egos of Jehu Hand.
The Federal Bankruptcy Court for the Eastern District of Pennsylvania has ordered a hearing for Attorney Fees and other damages. VTMS estimates the actual and compensatory damages to be over $3 million against Jehu Hand, Ray Suprenard (Florida), Jeremiah Hand (North Carolina), and John Robison (Orange County), et al....
VTMS will take all necessary actions to address the ridiculous tactics of Jehu Hand.
VitaminSpice is uniquely positioned between the $150 billion health food/vitamin supplement industry and the multi-trillion-dollar traditional food industry. A pioneer in the emerging FoodCeutical Industry, VitaminSpice sells vitamin-, mineral- and antioxidant-infused spices and food products. Their offerings include Crushed Red Pepper, Ground Black Pepper, Italian Seasoning, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps vitamin properties locked inside, even when heated, allowing the seasonings, condiments, and food products to retain their full flavor.
VitaminSpice Safe Harbor
This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
SOURCE VitaminSpice, Inc.
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