Monday 4 Jan 2013
CNSX symbol: SLH
News Release 01/13
Frankfurt symbol: S16
Blackstream Energy Corporation ("Company" or "Blackstream") announces that its subsidiary, Stealth Energy USA, Inc. ("Stealth"), has initiated formal proceedings against John Campbell, the former President and director of the Company, and his related entities in Montana, USA. Starting in early 2010, John Campbell breached his fiduciary duty and obligation by using Stealth's funds to pay a total of 14 monthly payments for a Ditch Witch trencher machine financed by his own private company or companies. Stealth is requesting an amount of $25,841.62 plus pre-judgment interest back.
Additionally, Blackstream is still litigating against John Campbell for the "Office Space Dispute" issue announced on November 18th, 2011.
Blackstream Energy Corporation is a oil & gas producing company with the field office in Billings, Montana USA. The Company develops its own properties and continues to seek and make acquisitions, primarily within Montana and Wyoming. For further information please contact email@example.com.
Blackstream Energy Corporation
CEO & President
The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
This news release does not constitute a solicitation to buy or sell any securities in the United States.
Leave a comment...