Mr. Rory Armes reports
EIGHT SOLUTIONS FILES CIVIL LAWSUIT
In connection with Eight Solutions Inc.'s previously announced loan repayment to Tianjin Fu Feng Da
Movie & Television Technology Investment and Development Co. Ltd., FFD has refused to
accept the repayment. FFD has also requested that the repayment funds be delivered in a manner
that is not authorized by the loan agreement to a third party outside of China, and further requested an
additional $1.75-million to release the respective loan security.
As a result of these actions by FFD, the company has filed an action in the Supreme Court of British
Columbia against FFD and its sole shareholder, Yong Liu; Qiu Yuxia, a senior partner with Beijing
DHH law firm; Beijing DHH law firm; and its Canadian affiliate, DHH Canada Corp. The lawsuit seeks, among other relief, a declaration that all obligations to FFD
are extinguished and all security held by FFD must be released, damages for breach of the loan
agreement with FFD, as amended, defamation, wrongful interference with economic relations, and
slander of title.
We seek Safe Harbor.
© 2023 Canjex Publishing Ltd. All rights reserved.