Escala Group, Inc. Responds to Article Appearing in The Wall Street Journal.
PR Newswire Europe, November, 2005
NEW YORK, November 23 /PRNewswire/ -- Escala Group, Inc. (Nasdaq: ESCL) offers the following response relating to the article appearing in today's edition of The Wall Street Journal: Escala is involved in an ongoing dispute with Development Specialists, Inc. (DSI) and its representative William Brandt, the liquidator responsible for managing the disposal of inventory and assets owned and managed by Capital Coin in Ohio and its principal Thomas Noe. That dispute relates to a contract between Spectrum Numismatics, an Escala Group company, and an affiliate of Capital Coin to supply coins to that fund managed by Mr. Noe. During the years Spectrum Numismatics supplied coins under the terms of that contract, the fund generated a profitable return from its transactions...
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