11:30 AM EST - Vogogo Inc. : Announced that a statement of claim has been filed against VGO in Alberta Court of Queen's Bench Action Number 1501-14652 by Axiom Foreign Exchange International. Axiom alleges that Geoff Gordon, while representing Redfall Technologies Inc., conspired to terminate the agreement in a manner that breached the terms of the agreement in order to pursue an alternate business opportunity for Redfall Technologies Inc. The claims seek damages for, among other things, expenses incurred by Axiom from the business combination agreement in the amount of $225,000 as well as proposed lost opportunity damages to Axiom in excess of $4,000,000. Vogogo Inc.
shares V.VGO are trading up $0.02 at $0.78.
