Laurent:
* Envion Founders Telegram*

Latest info on case against CEO and the founder's fight to recover control of the company.

The Cantonal Court of Zug Switzerland has ruled that envion is to be liquidated.  The founders are working to reverse this ruling as the decision was made because of obstruction and lies by Matthias Woestmann.  Woestmann prevented auditors from communicating with Trado GmbH and the founders, and lied about the founders’ willingness to provide data to auditors.

DETAILED INFORMATION AND LATEST UPDATES HERE: www.envion-founders.org

LIQUIDATION FACTS

*  The court in Zug announced liquidation, but there is not an official announcement in the business register
*  Currently no deadline to register a claim has been announced
*  Not necessary to pay anyone to file a claim

STILL UNDECIDED

*  How token holders should file a claim (under which designation)
*  What amount will be refunded
*  How token holders will be refunded
*  If Woestmann and shareholders will be paid ICO money remaining after refund (the founders are specifically fighting against this outcome)

WHAT TO EXPECT IN CASE OF LIQUIDATION

*  Guidance from founders provided by their legal team to assist in filing claims
*  Clear communication on how to file a refund claim
*  Plenty of time to file a claim

PREVIOUSLY

Envion’s founders have won an injunction against CEO Matthias Woestmann and codefendants Thomas van Aubel, Jutta von Falkenhausen, and Dinnies von der Osten prevent the sale or transfer of company shares and allow any transfer or debit of envion's assets.

Swiss financial authority FINMA has removed Woestmann and his associate Marc Gurov from the board and have begun an investigation.  The FINMA investigation is separate from the court ruling.

Founders’ response to FINMA probe: https://envion-founders.org/envion-ag-founders-welcome-investigation-by-swiss-financial-regulator-finma-and-removal-of-ceo-from-board/

INFO FROM BERLIN COURT

•  ILLEGAL: Matthias Woestmann’s capital increase and share dilution
•  REJECTED: Accusation that founders illegitimately created tokens
•  LIABLE: Quadrat Capital and Sycamore GmbH must pay Trado’s legal fees and are liable for damages
•  JAIL/FINES: For selling shares or initiating use of investor funds (6 months jail per infringement)


BLOG
https://envion-founders.org/founders-vow-to-resist-liquidation-of-envion-ag-allege-swiss-cantonal-court-ruling-based-on-false-information-from-board-chairman-matthias-woestmann/
https://envion-founders.org/sweeping-judgement-from-berlin-court-restricts-envion-ags-ceo-matthias-woestmann-from-any-decisions-without-founders-approval-finds-thomas-van-aubel-and-jutta-von-falkenhausen/
https://envion-founders.org/envion-founders-explain-team-token-transfers/

NEWS
https://envion-founders.org/envion-ag-raised-more-than-100-million-among-investors-in-the-euphoria-surrounding-cryptocurrencies-then-the-startup-crashed-into-chaos-a-virtual-thriller/
http://www.globenewswire.com/news-release/2018/06/07/1518482/0/en/Trado-GmbH-Announces-That-Berlin-Court-Intervenes-and-Grants-Preliminary-Injunction-Against-Matthias-Woestmann-and-Associates-Who-Lost-Millions-Of-Envion-Investor-Money.html

RULES

* No spamming!
* No personal attacks! It's not tolerated
* No CAPSLOCK / ALLCAPS
* No cocktail napkin math of any kind
* Scroll up and see if there is already an answer you seek

No Information on this channel should be construed as official communication from envion AG.  The views expressed here are those of the envion's founding team and Trado GmbH

Have a pleasant stay!

- Envion Founders