Jun. 29 at 1:26 PM
$HIRU several key points regarding this lawsuit:
1. The Company’s position is supported by the preliminary expert report of Steven D. Lindsey, a former OCC compliance examiner and banking-compliance specialist. According to the report, the instruments were forged checks, AFCU released uncollected funds to Joel Natario, and AFCU’s conduct allowed the misuse of HIRU’s identity and caused significant harm to HIRU.
2. Further, further confirms that it will not remain inactive in response to AFCU’s enforcement campaign. AFCU has never banked Ameerex, has never held an Ameerex account, and the banks identified in the garnishment filings do not reflect any known Ameerex banking relationship.
3. Ameerex has no liquidity issues, continues to be supported by its Qatar-based shareholders and management, and remains backed by a strong mining-asset strategy. The Company operates internationally, mainly from Qatar, and remains fully positioned to execute its business plan.