Re: TALK VISUAL CHAIRMAN MICHAEL J ZWEBNER OBTAINS A SECOND LAW SUIT AWARD OF $1 MILLION AGAINST INTERNET POSTER
By: MICHAELJ123 $$$$
Reply To: None Monday, 24 Jul 2000 at 10:20 PM EDT
Post #65156 of 65190
TO ALL SHAREHOLDERS AND INVESTORS
TALK VISUAL CHAIRMAN MICHAEL J ZWEBNER OBTAINS A SECOND
LAW SUIT AWARD OF $1 MILLION AGAINST INTERNET POSTER
JULY 24TH 2000
Company chairman Michael Zwebner announced today that he has successfully concluded a further litigation case against a certain Ramon Silvestre,(Internet alias "Rico Staris") and has agreed to settle the case by accepting an award of a $1 million judgment, to be enforced if there are any further posts made by Silvestre.
The following is a reprint of a section of the settlement agreement;
Whereas there has been litigation between Zwebner and Silvestre arising out of a series of (false and defamatory) statements posted by Silvestre (using the alias "Rico Staris") over the internet concerning Zwebner as set forth more particularly in Zwebner's Complaint for Defamation, False Light Invasion of Privacy, Intentional Infliction of Emotional Distress, and Unfair or Deceptive Trade Practices in the action styled as Michael I. Zwebner vs.. Gary Dobry and David Shepard et als (Federal District Court for the District of New Hampshire, Civil Action
No. 98-CV-682-M) (the "Action"); Zwebner and Silvestre hereby expressly agree that as a material condition of this Agreement, judgment shall enter against Silvestre and in favor of Zwebner on each and every count against Silvestre in Zwebner's Complaint in the Action, with damages assessed therefore at One Million Dollars ($1,000,000.00) (the "Judgment').
THIS ANNOUNCEMENT APPEARS AS A MATTER OF RECORD.
IN THE PERIOD OF SEPTEMBER THROUGH DECEMBER 1998, I RAMON SILVESTRE USING THE ALIAS "RICO STARIS" POSTED ON SILICON INVESTOR CHAT LINES, AND CREATED A NEW CHAT LINE WHICH I CALLED "NO BASH FOR LEGACY." (( Now Talk Visual Corp))
I MADE ACCUSATIONS AGAINST MICHAEL ZWEBNER INCLUDING FALSE AND DEFAMATORY STATEMENTS IN RELATION TO HIS ASSOCIATION WITH DCI AND HIS ALLEGED "SHORTING OF DCI STOCK."
I WISH NOW TO MAKE THE FOLLOWING STATEMENT.
I NOW TOTALLY AND ABSOLUTELY APOLOGIZE TO MICHAEL ZWEBNER AND HIS FAMILY FOR ALL THE PAIN AND SUFFERING AND PUBLIC HUMILIATION I CAUSED HIM. I FURTHER STATE THAT I WAS WHOLLY MISLED BY THIRD PARTIES IN THE DISSEMINATION OF THIS
FALSE INFORMATION, AND I CAME TO UNDERSTAND THAT THE PROMOTERS AND DIRECTORS OF DCI FALSELY CLAIMED THAT THE CONTINUING FALL IN THE DCI STOCK PRICE WAS A RESULT OF MICHAEL ZWEBNER'S SUPPOSED SHORT SELLING. TO MY EMBARRASSMENT I LATER LEARNED THAT WAS UNTRUE.
I FURTHER INFORM YOU ALL THAT THE LAWSUIT FILED BY MR. ZWEBNER AGAINST ME HAS BEEN SETTLED. I, RAMON SILVESTRE HAVE CONSENTED TO A SETTLEMENT JUDGMENT BEING ENTERED AGAINST ME FOR THE AMOUNT OF ONE MILLION DOLLARS IN FAVOR OF MICHAEL ZWEBNER. MR. ZWEBNER HAS AGREED NOT TO ENFORCE THE JUDGMENT FOR SO LONG AS I DO NOT ATTACK HIM OR HIS BUSINESSES FURTHER. WE HAVE ALSO AGREED TO SIGN A MUTUAL RELEASE.
I REGRET HAVING BEEN INVOLVED IN THIS EPISODE.
RAMON SILVESTRE
In a further statement made today from Los Angeles, Michael Zwebner stated;
" I am glad that yet another defendant in this long ongoing litigation has finally agreed and settled. I trust that these defendants have learned that libeling and slandering and posting false and defamatory information and
acting in a malicious manner by posting on the internet is NOT free from legal repercussions and judicial punishment. I hope that other posters will take heed from this case, and be more careful in their public statements and
postings and the information released therein.
In this case, (Ramon Silvestre, internet alias "Rico Staris") as in the settlement against Gary Dobry and David Shepard, I have made the decision NOT to enforce the judgment so long as the defendant refrains from posting
any further false and defamatory statements against me and my businesses. I would caution ALL other internet posters that my action in these cases does NOT imply that I will or need necessarily act in this same manner in any other cases currently pending in court."
Michael Zwebner - Chairman
Talk Visual Corporation
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