18:23:17 EDT Fri 23 Aug 2019
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DMG Blockchain Solutions Inc
Symbol C : DMGI
Shares Issued 93,448,981
Close 2019-01-28 C$ 0.18
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DMG Blockchain sued by founder Filiatrault

2019-02-08 10:29 ET - Street Wire

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by Mike Caswell

DMG Blockchain Solutions Inc.'s co-founder, Christopher Filiatrault, has filed a lawsuit against the company in the Supreme Court of British Columbia seeking $246,997. He claims that DMG owes him the money for outstanding expenses and finder's fees, among other things. He is seeking court-ordered payment.

The allegations are contained in a notice of claim that Mr. Filiatrault filed at the Vancouver courthouse on Feb. 5, 2019. Mr. Filiatrault identifies himself as a Canadian living in the Cayman Islands. He says that he is the co-founder of DMG and was a director of the company until May, 2018.

Christopher Filiatrault
Christopher Filiatrault

The money that Mr. Filiatrault is seeking stems in part from expenses he claims to have incurred between August, 2016, and April, 2018. Among other things, he spent money on travel, transportation, meals and supplies, he says. He claims to have receipts for all of those expenses, which total $98,070. (He does not explain why he continued incurring expenses for so long without reimbursement, but during most of that period DMG was not yet listed and may not have been able to readily raise money.)

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