NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) — DarkPulse, Inc. (OTC:DPLS) announces today that it has filed a complaint against a convertible note debt funder, EMA Financial, LLC, and its manager, Felicia Preston for multiple alleged federal securities laws violations and is seeking the return of all stock (or its cash equivalent) that may have been unlawfully taken through convertible note conversions.
The complaint may be accessed at our website via the following link: https://darkpulse.com/wp-content/uploads/2022/01/DPLS-v-EMA-001-Complaint.pdf
“The complaint filed against EMA Financial, LLC is the third case we have filed against an alleged securities act violator as our management team continues to stay focused on pursuing (alleged) illegal securities activities as reflected in the complaint that have and continue to damage our shareholders”, said CEO Dennis O’Leary. “Our shareholders need to know that we continue to take steps to assess our stock’s performance, monitor social media and will legally pursue all parties that may have damaged the company and its shareholders. We will continue to identify and pursue those who have engaged in these, and other illegal securities activities involving our stock, including disseminating false and misleading social media statements. CEOs of public companies have a duty and fiduciary responsibility to their shareholders to research, identify, pursue and seek to cancel all unlawful stock transactions, many of which are transactions provided by convertible note lenders that form the basis for potential stock manipulation, counterfeit shares and naked short selling by their aggressive brokers”, Mr. O’Leary continued.
“Again, it is management’s intention to take any award by the courts and issue a special dividend to all shareholders of record in DPLS. This way, the shareholders may have the ability to get back what was taken from them. However, there is no guarantee that DPLS will be successful in such lawsuits”, Mr. O’Leary concluded.
About DarkPulse, Inc.
DarkPulse, Inc. uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains and stresses. The Company’s technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, aircraft structural components and mining safety. The Company’s fiber-based monitoring systems can assist markets that are not currently served, and its unique technology covers extended areas and any event that is translated into the detection of a change in strain or temperature. In addition to the Company’s ongoing efforts with respect to the marketing and sales of its technology products and services to its customers, the Company also continues to explore potential strategic alliances through joint venture and licensing opportunities to further expand its global market position.
For more information, visit www.DarkPulse.com
Safe Harbor Statement
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