SEC Case Study: BIGMAR vs Steven Martin Aspire Capital, Fusion Capital
Nefarious negotiations with Fusion Capital II, L.L.C. ("Fusion"), a joint venture fund, of a transaction with an ultimate goal, upon information and belief, of providing
Fusion with a foothold to surreptitiously take over the Company on terms disadvantageous to Bigmar and its voting shareholders.
Lacked a legitimate business purpose and that the terms were extremely disadvantageous to Bigmar.
There were numerous other inequities in this transaction including the ability to purchase shares on price terms that Fusion could easily manipulate, and to
prevent the Company from entering into any other future priced agreements.
Directors were opposed to this proposed transaction because they believed it lacked a legitimate business purpose and that the terms were
extremely disadvantageous to Bigmar.
SEC Case Study: Millenium Holdings vs Steven Martin Aspire Capital, Fusion Capital
-Tortious interference
-Breach of contract and breach of covenant of good faith and fair dealing
-Conspiracy to breach implied covenant of good faith and fair dealing
This Equity Line Provider sells your stock into the ground after charging you hundreds of thousands in fees.
I have never seen a bigger FRAUD in my life. Competitive Technologies has lost.
Aspire Capital Fund, LLC Reviews
SEC Case Study: BIGMAR vs Steven Martin Aspire Capital, Fusion Capital
Nefarious negotiations with Fusion Capital II, L.L.C. ("Fusion"), a joint venture fund, of a transaction with an ultimate goal, upon information and belief, of providing
Fusion with a foothold to surreptitiously take over the Company on terms disadvantageous to Bigmar and its voting shareholders.
Lacked a legitimate business purpose and that the terms were extremely disadvantageous to Bigmar.
There were numerous other inequities in this transaction including the ability to purchase shares on price terms that Fusion could easily manipulate, and to
prevent the Company from entering into any other future priced agreements.
Directors were opposed to this proposed transaction because they believed it lacked a legitimate business purpose and that the terms were
extremely disadvantageous to Bigmar.
SEC Case Study: Millenium Holdings vs Steven Martin Aspire Capital, Fusion Capital
-Tortious interference
-Breach of contract and breach of covenant of good faith and fair dealing
-Conspiracy to breach implied covenant of good faith and fair dealing
This Equity Line Provider sells your stock into the ground after charging you hundreds of thousands in fees.
I have never seen a bigger FRAUD in my life. Competitive Technologies has lost.