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Transcend, which filed the lawsuit in the California state superior court last week, says stanley cup it invested $2 million as a convertible promissory note in Bend Reality LLC i.e. River Studios on the belief it was the first non-founder to invest and that Rothenberg held 100 percent equity in River.However, Transcend says stanley cups Rothenberg diverted $5 million over a two-year period from another investment into River Studios starting in 2014, giving those investors a beneficial ownership in the virtual reality startup. Transcend maintains it was never told of this previous investment.We ;ve reached out to Mike Rothenberg to hear from him on this recent accusation but have yet to hear back, though he has stanley termohrnek maintained his innocence on similar matters. We ;ve also reached out to Transcend lawyers for comment.According to the suit, River also agreed it would pay back the principle of the loan with 5 percent interest on the third anniversary of the loan on the condition that Etsz Amazon s Smartphone To Feature Unique But Limited 3D Effects
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