Bankruptcy Trustee seeks sanctions against Bermuda firm

A U. S. Bankruptcy Trustee has asked a court to apply sanctions against a Bermuda-registered group closely associated with former Premier Sir David Gibbons. It is part of an attempt by Barbara B. Stalzer to recover assets that she claims were fraudulently transferred by the NimsTec group to avoid paying its debts.

Jerry Nims in more hot water as 3-D farce continues

A company whose beneficial owners include several Bermudians, including former Premier Sir David Gibbons is being sued in the United States. Orasee Corporation is a defendant in a civil lawsuit filed at the United States District Court for the Eastern District of New York on December 13, 2001.

Jerry Nims and his 3D technology claim another victim

The curse of American businessman Jerry Nims and his 3-D camera technology, whose many failures over two decades have cost Bermuda-based investors millions of dollars, has claimed another victim. NimsTec North America Inc. filed for voluntary bankruptcy at the United States Bankruptcy Court for the District of Georgia on November 6, 2000.

NimsTec seeks listing on NASDAQ under the name ‘i3Dx.com’

A company linked with former Bermuda Premier Sir David Gibbons is involved with a fresh attempt to raise capital for a product that has lost investors tens of millions of dollars over two decades of failure. Nevada-registered i3Dx.com, which is a front for Bermuda-based NimsTec Limited, registered 100 million shares with the SEC on November 12, 1999.