Short update on lawsuit . . .

A lawsuit involving Enable IPC subsidiary SolRayo, Inc. against Steven Oshinsky was concluded in February with the court awarding a $2.5 million judgment in favor of SolRayo. The Los Angeles Superior Court found that Steven Oshinsky had breached an oral contract with SolRayo and, in addition, “intentionally interfered with [SolRayo’s] existing economic and contractual relationships and misappropriated and disclosed trade secrets to third parties.” The judge also found that Oshinsky “took these actions intentionally, maliciously, and fraudulently and with a purpose and intention of causing severe harm and damage to” SolRayo. Oshinsky  did this personally and through the use of alter ego and front companies, including JMPW Management, LLC and Ram Capital Management Trust as part of his “scheme to damage and injure” SolRayo. $1.5 million against Steven Oshinsky was awarded in actual damages along with an additional $1 million in punitive damages.