Navigation Links
e-Smart Technologies, Inc. Responds to Information Subpoenas From Securities & Exchange Commission
Date:12/31/2007

NEW YORK, Dec. 31 /PRNewswire-FirstCall/ -- via COMTEX -- As discussed by e-Smart Technologies, Inc. (Pink Sheets: ESMT); ("e-Smart" or the Company") during its December 27, 2007 Telephonic Shareholder Conference Call, the Securities and Exchange Commission (SEC) has initiated an inquiry and has issued subpoenas to the Company for documents including those relating to certain loans made to e-Smart from its parent company IVI Smart Technologies Inc., ("IVI") and Intermarket Ventures, Inc. As in all such inquiries, the SEC has confirmed that it is conducting a "non-public fact-finding inquiry" and that its inquiry "does not mean that [the SEC] have a negative opinion of any person, entity or security" or "that anyone has broken the law." As confirmed by the Company's legal counsel during that telephonic conference, "we received those requests for information, we've reviewed them and we're in the process of complying with all requests for information that come from the SEC."

The Company's legal counsel, Maranda Fritz, also provided an update relating to other important legal issues affecting the Company including the Company's pending litigation in the Northern District of California which resulted from the actions taken by two convicted felons, Wayne Drizin and Michael Gardiner, and Gardiner's company, ID Smart. Fritz advised that the court issued an order prohibiting Drizin from any involvement in the biometric smart card industry, and barring Gardiner from using any e-Smart technology. The court further ordered that those defendants return to e-Smart any and all property of the Company that they possessed. The Company is seeking a permanent injunction to prevent any use in the future of e-Smart's technology by Drizin and Gardiner and ID Smart.

The issuance of subpoenas by the SEC may also relate to further efforts by Gardiner and the other defendants to damage the Company and its shareholders. In November of 2007, Gardiner issued a public releas
'/>"/>

SOURCE e-Smart Technologies, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology news :

1. Patent Issued for e-Smart Technologies, Inc.s First Biometric Match-on-Card Technology
2. e-Smart Technologies Responds to Press Release Issued By IDsmart LLC
3. American College of Medical Genetics responds to new FDA labeling decision for warfarin
4. Minimum information standards -- all for 1 and 1 for all
5. Meeting real-world climate information needs of business, government
6. Easton, PA Police Officers Armed With BIO-key(R) Mobile Data Solution Access Information Anytime, Anywhere
7. How global is the Global Biodiversity Information Facility?
8. High-tech helmets reveal new information about the impact of hard hits to the head
9. Titanium Group Announces Contract With Haitong Securities
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/24/2014)... Angeles, where electric cars ply silent freeways, solar panels ... beneath the earth, from howling winds and from the ... that it is technically and economically feasible to convert ... renewable energy. Published in Energy , the plan ... energy supply in California that could create tens of ...
(Date:7/24/2014)... 24, 2014 Some sticky research out of York ... a certain species of toxic grass fungus: moose saliva ... Biology Letters , "Ungulate saliva inhibits a grassendophyte ... to red fescue grass (which hosts a fungus called ... slower fungus growth and less toxicity. , "Plants have ...
(Date:7/24/2014)... of researchers has developed a new nanoscale agent for ... for assessing the function and properties of the GI ... and treatment of gut diseases. , Illnesses ... and inflammatory bowel disease all occur in the intestine ... with diseases such as diabetes and Parkinson,s. , ...
Breaking Biology News(10 mins):Stanford study shows how to power California with wind, water and sun 2Stanford study shows how to power California with wind, water and sun 3Stanford study shows how to power California with wind, water and sun 4Moose drool inhibits growth of toxic fungus: York U research 2New imaging agent provides better picture of the gut 2
... Inc., today announced that its 12,200 Online Books ... of HINARI, AGORA and OARE, benefitting research and ... including Malawi, Cambodia, and Bolivia. Research4Life provides ... low cost access to peer-reviewed online content from ...
... /PRNewswire-iReach/ -- Successful businesses stay connected to the ... with industry leaders at global biotech conferences with ... go to learn about new innovations, how to ... and risks while overcoming regulatory and technological hurdles. ...
... by English naturalist Charles Darwin on the Galapagos Islands, ... as isolation on a particular island, can lead to ... natural selection. Natural selection is a process whereby ... successive generations, while unfavorable heritable traits become less common. ...
Cached Biology News:Over 12,000 Wiley Online Books made available in developing countries via Research4Life 2Early Bird Conference Registrations Expiring This Friday 2Early Bird Conference Registrations Expiring This Friday 3Early Bird Conference Registrations Expiring This Friday 4LSU professor discovers how new corals species form in the ocean 2LSU professor discovers how new corals species form in the ocean 3
(Date:7/25/2014)... (PRWEB) July 25, 2014 At the ... has granted a 60-day extension for the public comment ... Special Rule for Model Aircraft established by Congress as ... 2012. The 60-day extension establishes the new deadline for ... States Department of Transportation/FAA notice published in the Federal ...
(Date:7/24/2014)... 24, 2014  Now available is a stem cell ... Regenerative Therapies , located in Guadalajara, Mexico ... people a new health option: stem cell therapies ... countless patients suffer from joint and muscle injuries due ... tears, torn rotator cuff, tennis elbow, and knee injuries. ...
(Date:7/24/2014)... have yet to materialise. Yet, scientists are making ... computers faster. One such approach relies on quantum ... applying an electric field. A new study demonstrates ... quantum dots (TQDs) with electrical impulses can help ... should TQDs be used as quantum information units, ...
(Date:7/24/2014)... July 24, 2014 Your cell ... in modeling lithium-ion battery storage capacity. , New ... a theoretical model created at Lawrence Livermore ... that predicts how carbon components will perform as ... emphasizes the urgent need for higher-performance batteries. Several ...
Breaking Biology Technology:FAA Grants Comment Extension at the Request of AMA 2Stem Cells In Sports Injuries, Joints And Muscular Pain 2Stem Cells In Sports Injuries, Joints And Muscular Pain 3Getting More Life out of Lithium-ion Batteries 2
... Remove >90% of mammalian RNA from , ... Simple procedure takes less than 2 hours , ... Seamless integration with , MICROB Express ... microarray expression analysis with , bacterial RNA isolated from host cells ...
... , , ... methods to isolate high quality RNA from a large number of ... the RNAqueous-96 , Kit . This kit, which ... of intact RNA in a 96-well plate format. An optional on-the-filter , ...
... Amplification Kits-- Now Available with Cy Dyes , ... Extremely sensitive , ArrayScript Reverse , ... yields , ... 4000-fold amplification of mRNA , Optimized buffers--high dye coupling efficiency , ...
Cached Biology Technology:Bacterial RNA Isolation From Infected Eukaryotic Hosts 2Bacterial RNA Isolation From Infected Eukaryotic Hosts 3Bacterial RNA Isolation From Infected Eukaryotic Hosts 4Bacterial RNA Isolation From Infected Eukaryotic Hosts 5Bacterial RNA Isolation From Infected Eukaryotic Hosts 6Automating RNA Isolation 2Automating RNA Isolation 3Automating RNA Isolation 4Automating RNA Isolation 5aRNA Synthesis and Labeling for Array Analysis 2aRNA Synthesis and Labeling for Array Analysis 3aRNA Synthesis and Labeling for Array Analysis 4aRNA Synthesis and Labeling for Array Analysis 5
Request Info...
See product name for description....
... Amino acid mixture excluding l-[U-14C]methionine, ... containing 2% ethanol, sterilized. > ... mCi/mg atom carbon. Mixture of ... Ile, Leu, Lys, Phe, Pro, Ser, ...
Request Info...
Biology Products: