Sector 10, INC. $SECI – Press release date 10-11-2018
Court Ruling Moves Sector 10 Case Forward
Yesterday afternoon, the Court in Sector 10 Holdings Inc.’s litigation against a number of defendants, titled Sector 10, Inc. Plaintiffs . v. Lee Allen et al., Case No. 119907606 in the Third District Court Salt Lake County, Utah, issued its oral ruling on defendants’ motions for summary judgment to dismiss all of Sector 10’s claims against them.
In its ruling, the Court denied defendants’ request to dismiss Sector 10’s claims for breach of contract and tortious interference against certain defendants. The Court, however, did grant defendants’ requests to dismiss Sector 10’s claims for misappropriation of trade secrets.
With this ruling, Sector 10 can now pursue its tortious interference and breach of contract claims in a second phase of fact discovery that Sector 10 believes will result in additional evidence further supporting its claims.
On $SECI Trading:
To all our investors, please be cautious to manipulation and threats.
Sector 10, Inc has been in touch with the SEC, and yes, there appears to have been some shady activity, along with a tremendous amount of shorting.
Some of you have called on the SEC to investigate, we extend our regrets to all of you as manipulative market activity has driven us to the Gray Market.
Sector 10 is also to cooperate with SEC in investigating defendants actions.
Safe Harbor Statement:
This press release may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or development that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are subject to a number of assumptions, risks and, uncertainties, many of which are beyond the control of the Company, which may cause the Company's actual results to differ materially from those implied or expressed by the forward-looking statements. The Company assumes no duty whatsoever to update these forward-looking statements or to conform them to future events or developments