Aphex BioCleanse Systems, Inc. filed a voluntary petition under subchapter V on May 12 in the U.S. Bankruptcy Court for the Middle District of Florida in Tampa, according to a company press release. The company said that the filing was precipitated by the litigatory actions of certain former directors and officers that have damaged the business integrity of the company and endangered the company’s shareholders, as well as inhibiting the ability of the company to raise working capital and market its products. The actions of these persons have included illegal and unfounded filings in Nevada, and numerous erroneous and illegal emails and communications designed to misinform company shareholders and distributors. This includes the former CEO and chairman executing false documents impersonating the CEO and other officer titles of the company months after being terminated for cause.
