Former Owner of Imoto, Darryl Glade, Files Lawsuit Against Urbanimmersive

SAINT-HUBERT, Quebec, May 24, 2023 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”) (TSV-V UI) (OTCQB: UBMRF) announced today that Darryl Glade, individually and on behalf of Darryl L. Glade, LLC, along with Bjarne Haug and Bagmanden, LLC ("Plaintiffs"), have initiated legal proceedings against Urbanimmersive as former owners of Imoto, LLC. The plaintiffs allege various contractual breaches and related claims under the Purchase Agreement between UI and Imoto, as well as under a separate employment contract with Mr. Glade (Louisiana, Orleans CDC, Civil Suit No. 2023-0723).