UPDATE: LCTI Low Carbon Technologies International Inc. Files Lawsuit Against Former President of Northwest Critical Minerals...
November 13 2013 - 12:44PM
Marketwired
UPDATE: LCTI Low Carbon Technologies International Inc. Files
Lawsuit Against Former President of Northwest Critical Minerals LLC
VANCOUVER, BC--(Marketwired - Nov 13, 2013) - LCTI Low Carbon
Technologies International, Inc. (PINKSHEETS: LWCTF) (the
"Company"), a diversified company focused on the Clean-tech,
Construction, Energy & Energy Efficiency, Environmental, Mining
and Real Estate business sectors, announced today that the company
and its affiliate Northwest Critical Minerals LLC (NWCM) have filed
a lawsuit in the District Court in Harris County, Texas The
defendants are former President of NWCM Dale Bourassa; Northwest
Analytical Inc.; Barbara Swisher and Joe Swisher of Cottonwood,
Idaho (defendants).
The Company and NWCM have sued the Defendants for breach of
contract, fraud, defamation, civil assault, and declaratory
actions.
"The company intends to vigorously pursue all causes of action
against the defendants," stated LCTI CEO Bryan Scott Jarnagin.
SafeHarbor
This news release contains forward-looking statements. These
statements fall within the meaning of the Private Securities
Litigation Reform Act of 1995 (the "ACT"). Such statements are
not historical facts; including statements about plans and
expectations regarding products and opportunities, demand and
acceptance of new or existing products, capital resources and
future financial results -- all
forward-looking. Forward-looking statements involve risks and
uncertainties which may cause the Company's actual results in
future periods to differ materially from those
expressed. These uncertainties and risks include changing
consumer preferences, lack of success of new products, loss of the
Company's customers, competition and other factors discussed from
time to time in the Company's filings with the Securities and
Exchange Commission. You can identify forward-looking
statements by terminology such as "may," "should," "expects,"
"plans," "anticipates," "believes," "estimates," "predicts,"
"potential" or "continue" or the negative of these terms or other
comparable terminology. These statements are only
predictions. Other factors may cause the Company or the
industry's actual results, levels of activity, performance or
achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by these forward-looking statements. While these
forward-looking statements, and any assumptions upon which they are
based, are made in good faith and reflect our current judgment
regarding the direction of our business, actual results will almost
always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested
herein. Except as required by applicable law, including the
securities laws of the United States, the Company does not intend
to update any of the forward-looking statements to conform these
statements to actual results.
You should independently investigate and fully understand all
risks before making investment decisions.
Investor Relations David Waldman Natalya Rudman Crescendo
Communications, LLC Telephone: (212) 671-1020 x304 Email: Email
Contact Website: www.crescendo-ir.com
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