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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (73117)12/3/2000 11:36:30 PM
From: scouser   of 150070
 
if you got this one in an e-mail from The Market Cap or Investors Alley Corp, ITVRF, they paint a glorious picture but conveniently forget to mention pending litigation LOL!

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VANCOUVER, B.C., Nov 27, 2000 (BUSINESS:URL.), has filed a Writ of Summons and Statement of Claim in the Supreme Court of British Columbia against Intravelnet.com Inc. ("Intravelnet.com), Dan Clozza (President and Director of Intravelnet.com) and David Owen (Secretary, Director of Intravelnet.com).

The Company is responding to actions and statements made by Intravelnet.com, its President, Dan Clozza, and its Secretary, David Owen. The Company has claimed damages and slander against Mr. Clozza and Intravelnet.com for statements made in a November 10, 2000 article that appeared over PR Newswire via COMTEX, for breach of fiduciary duty and breach of duty of good faith and fair dealing by Mr. Owen, and breach of confidence by Mr. Owen, Intravelnet.net and Mr. Clozza.

The Company is pursuing a claim against the Defendants that includes:

- An interlocutory and permanent injunction restraining the
Defendants from directly or indirectly using, copying,
selling, mortgaging, pledging, transferring, assigning,
tampering, or disposing of or dealing with or disclosing to
any third party secret, proprietary or confidential
information, knowledge, or data of the Plaintiffs, whether or
not obtained, acquired, or developed by the Defendant Owen,
such information to include but not be limited to the hybrid
multicast international network;

- An interlocutory and permanent injunction restraining the
Defendant's from publishing or causing to be published any
words disparaging of the Plaintiff's proprietary or
confidential information;

- An Order that the Defendants return to the Plaintiff all
secret, proprietary or confidential information, knowledge or
data of the Plaintiffs, whether or not obtained, acquired or
developed by the Defendant Owen, which Defendants have in
their possession or control to the Plaintiff;

- General, Specific, Punitive, Aggravated Exemplary damages;

- Interest Pursuant to the Court Order Interest Act;

- Costs and other relief deemed just.

The Company requests that the court render a swift and effective resolution to the situation. The Company will defend its ownership of all intellectual property developed at stox.com by its employees and its contractors. These actions will not, in any way, affect the Company's normal course
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