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Micro-Cap News; Sunpeaks Ventures Inc. (SNPK)

Sunpeaks Ventures Inc. (OTC: SNPK), a distributor of specialty drugs and over-the-counter branded multivitamins to the healthcare provider market, on Tuesday announced that it filed a complaint against Deal Flow Media Inc., Thomas Siudak, Red Carpet Books Inc., and Bill Martlink.

SNPK has alleged that they engaged in a systematic series of false, defamatory, and malicious statements as part of a larger conspiracy to cause harm to SNPK. The complaint has filed in the Circuit Court for Montgomery County, Maryland.

Mackie A. Barch, CEO of Sunpeaks Ventures, said that SNPK said last week that it will not stand by idly and allow itself to be victimized by persons making baseless and scurrilous comments about it and the company is backing up the statement by filing a complaint. Barch said that it is very possible that as SNPK continues to investigate, it will seek to hold accountable other participants.

SNPK shares fell sharply on Tuesday. The stock ended the day 12.99% lower at $0.670. SNPK shares have fallen 12.99% in the last one month.

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