American Technologies Group, Inc. Issues Statement.Business Editors MONROVIA, Calif.--(BUSINESS WIRE)--May 30, 2001 American Technologies Group, Inc. (ATG ATG antithymocyte globulin. lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG) Atgam Pharmacologic class: Immunoglobulin Therapeutic class: Immunosuppressant ) today issued the following statement: ATG Responds to Orchestrated Attack American Technologies Group, Inc. (ATG) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ATEG ATEG Assembly for the Teaching of English Grammar ) today said that a news release issued by attorney Michael Stoller on Friday, May 25, 2001 on behalf of his client, BWN BWN Business Women's Network BWN Bandar Seri Begawan, Brunei Darussalam - Brunei International (Airport Code) BWN Beast Wars Neo (Transformers cartoon) BWN Basement Waterproofing Nationwide, Inc. Nuclear Waste Elimination Corporation, i.e., the Carroll brothers, is misleading and part of an unlawful pattern of conduct orchestrated by a group connected with the Church of Scientology Church of Scientology: see Scientology, Church of. , and led by prominent members of that church, the Carroll brothers and Michael Stoller, long-time leading Scientologists. ATG noted that this is not the first time that attorney Stoller has released misleading and false data on behalf of his clients to the detriment of both truth and the interests of ATG. In December, 2000, he falsely and inaccurately mischaracterized a successful grant of a Preliminary Injunction A temporary order made by a court at the request of one party that prevents the other party from pursuing a particular course of conduct until the conclusion of a trial on the merits. A preliminary injunction is regarded as extraordinary relief. obtained by ATG to protect its core technologies against onslaught by Bio-Friendly and the Carroll brothers. All of these legal various actions and lawsuits with the Carrolls and their proxies began after Noel Carroll visited the Company in March of 2000 openly declaring that he was going to take the baser and catalyst technology owned by ATG and commercially exploit it through the vehicle of Bio-Friendly and BWN. ATG successfully prevailed in securing a temporary injunction temporary injunction n. a court order prohibiting an action by a party to a lawsuit until there has been a trial or other court action. A temporary injunction differs from a "temporary restraining order" which is a short-term, stop-gap injunction issued pending a to prevent that theft of ATG's technology from happening. The lawsuit attorney Stoller refers to in his May 25th release is clearly a nuisance lawsuit since the terms of the license agreement with ATG on the baser are clearly governed by compulsory arbitration provisions dictated by the agreement itself. Finally, as an additional example of this news release warfare carried forward by these Scientologists against ATG and its shareholders, on May 21st the Company received a settlement proposal from Bob Carroll demanding "that the baser and all developments thereof including the IE crystal technology are delivered to BWN NWEC NWEC Northwest Energy Coalition NWEC Northwest Environmental Conference (Portland, Oregon) NWEC National Wireless Engineering Conference ". The last paragraph in the memo contained the threat that "Unfortunately, I am having difficulty holding back further press releases that Noel has instructed Michael Stoller to issue, so could you please come back to me by return." The actions of Michael Stoller and the Carrolls are nothing less than an attempt to take for themselves what belongs to the ATG shareholders. These matters are so serious and so continuing that the Company is seeking a U.S. Department of Justice investigation of the fraud, the attempts at theft, and any connection with the Church of Scientology which the Company has reason to believe is fully aware of these unlawful acts. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion