nFinity Capital faces a lawsuit from defunct Posture Pal majority shareholder Chris Geisert if patent infringement issues are not resolved which may include fraud along with patent infringement.
nFinity Capital has been informed of company CEO Bernard Brown abandoning the company and taking all the money. nFinity Capital had a chance to file lawsuit against Bernard Brown but refused pressing charges to receive their investment back making it likely that they may be colluding with each other.
nFinity Capital and Bernard Brown are both from South Africa and use the same African University of Witwatersrand in their profiles.
nFinity Capital was also made aware of the Better Business Bureau ranking Posture Pal with an F for 21 complaints of taking clients money and not delivering goods. No comment was given by nFinity Capital.
Posture Pal is trying to go thru a recapitalization right now. nFinity Capital may be pursuing this which would result in investors losing their money and facing lawsuits.
Failure of nFinity Capital to inform investors of patent infringement would be grounds for those investors to sue if this important information was not disclosed. If nFinity Capital does not disclose this information, grounds of fraud for taking investors money could also be filed by investors for losing their money.
One way investors lose their money is when a company becomes abandoned. Bernard Brown has allowed all Posture Pal companies to become abandoned. nFinity Capital was made aware but does not find this out of the ordinary which means that nFinity Capital may be colluding.
African fraudsters are quite common. The fact that nFinity Capital and Bernard Brown, who has a fraud/patent infringement lawsuit against him, have known each other for a long time and worked together at MedSurge and given the circumstances of taking client's money and not giving people their product makes it very suspicious that future investor's money will be taken and not returned and without the risk of lawsuits divulged to the investors.
Manufacturing of the cushion for Posture Pal has been shut down. Even if Posture Pal may find financing, production of the cushion is non-existent.
Manufacturing has only been granted to FHP Products in China where production takes place. Geisert's name is also on the patent in China.
Paperwork has already been filed with Chinese customs to stop export of the posture cushion leaving the country except for purchase orders done by FHP Products.
Review about: Nfinity Capital.