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TPIV > SEC Filings for TPIV > Form 8-K on 23-Jul-2014All Recent SEC Filings

Show all filings for TAPIMMUNE INC

Form 8-K for TAPIMMUNE INC


23-Jul-2014

Other Events


Item 8.01 Other Events

On July 18, 2014, the International Center for Dispute Resolution International Arbitration Tribunal issued a Final Award in the matter of TapImmune, Inc. vs. Michael Gardner awarding TapImmune $196,204 plus post-award interest at a rate of 9% per year. This award stems from TapImmune's dispute with Gardner regarding a May 2012 consulting agreement entered into among the parties and whereby Gardner received 5.6 million shares of TapImmune's common stock in exchange for services to be rendered. The arbitrator found that TapImmune was fraudulently induced into entering said agreement through "1) mis-representations as to what he would or could do for the Company, including raising funds, and 2) omissions about his reputation and ability to obtain or assist in obtaining financing for TapImmune" among others as more fully described in the attached exhibit.

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