Richard J. Leedy
44 West 300 South, Suite 703
Salt Lake City, Utah 84101
Telephone: (801) 359-1767
Attorney for Plaintiff
THIRD DISTRICT COURT, STATE OF UTAH
SALT LAKE CITY DEPARTMENT, SALT LAKE COUNTY
MEDISYS TECHNOLOGIES, INC. INJUNCTION AND ORDER
Plaintiff,
vs.
INTERSTATE TRANSFER CO., Case No. 000904474
Defendant. Judge Nehring
Based upon Plaintiff's Verified Complaint, Defendant's
Answer, Plaintiff's Motion for Judgment on the Pleadings, and
Defendants's consent to the entry of this Order and this Courts
finding that irreparable harm may occur in the absence of an
injunction in the form of dilution of equity incalculable of
specific computation caused by the Plaintiff being required to
honor the validity of invalidly issued shares, if such were to be
acquired by a bona tide purchaser for value, and based thereon,
It is hereby ORDERED that Defendant Interstate Transfer
Co. is enjoined from transferring shares of stock in the Medisys
Technologies, Inc. certificates numbered 2986, 3366, 3364, 2984 and
all certificates issued after this certificate, #2985, 3462, 3365,
3744, 3746, 3747, 3748, 3749.
This injunction shall remain in effect until further
order of this Court or some other court of competent jurisdiction
Based on this Court's further finding that the shares for
which transfer is being enjoined are restricted and the
certificates representing the shares bear a restrictive legend
leaving little likelihood that a bona fide purchaser may acquire
the shares, and on the further holding of this Court that this
injunction and these findings are not res adjudicata to the holder
of shares, a minimum bond should be required and based thereon,
It is further ORDERED that this Order shall become
effective on the posting of a bond in the amount of $ 5,000.
Dated this 28 day of June, 2000.
BY THE COURT
____________________________________
District Judge
2
