18:00:36 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Multivision Communications Corp (2)
Symbol MTV
Shares Issued 15,156,296
Close 2015-04-17 C$ 0.155
Market Cap C$ 2,349,226
Recent Sedar Documents

Multivision's Nazerali cross-examined over Imagis offer

2015-04-17 20:37 ET - Street Wire

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by Mike Caswell

Aly Nazerali continued testifying Friday afternoon at the defamation trial he is pursuing against the Deep Capture website, with defence lawyer Roger McConchie cross-examining him about a takeover bid from 2002. Mr. McConchie asked Mr. Nazerali to set out exactly when he learned about a non-binding $4 (U.S.) offer for Imagis Technologies Inc., a lively facial recognition promotion from the time. He also asked Mr. Nazerali about conversations with the company making the offer.

The testimony is part of a lawsuit Mr. Nazerali is pursuing against Deep Capture and others for a series of chapters that he claimed defamed him in 2011. Among other things, the chapters accused him of running a pump-and-dump of Imagis. They said that he took part in a false takeover offer from a Boston entity called Pembridge Group Ltd. (Mr. Nazerali did not quote those portions of the chapters in his lawsuit, but a second amended response to the suit contained them.)

Aly Nazerali
ALINAZERALI.COM
Aly Nazerali

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