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Blox Inc
Symbol U : BLXX
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Blox sues former president Abenante

2017-09-11 10:55 ET - Street Wire

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by Mike Caswell

Blox Inc., an OTCQB listing with a gold property in West Africa, has filed a lawsuit in the Supreme Court of British Columbia against its former president, Vancouver's Robert Abenante. The suit claims that Mr. Abenante made several unsubstantiated transactions with company money. Among other things, he paid his personal credit card and made payments to a private entity he controlled, Blox says.

The allegations are contained in a notice of claim that Blox filed at the Vancouver courthouse on Thursday, Sept. 7. The defendants are Mr. Abenante and a private entity that he controls called Emerald Power Consulting Inc. The suit identifies Mr. Abenante as the president of Blox from Feb. 27, 2014, until he resigned on May 1, 2015. He received $10,000 (U.S.) per month through Emerald.

Robert Abenante
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Robert Abenante

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