SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ITV Games Inc. V.TVE (Formerly Border Capital)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boolish who wrote (48)9/30/1999 8:18:00 PM
From: Boolish  Read Replies (1) of 137
 
Alright everyone. I know that there are others out there invested in this stock so let's hear some opinions. This is the key line for me from the NR.

Border did not grant the master patent license contemplated by the recently expired settlement, as the Dion
Group (comprised of Dion Entertainment Corp. and other related parties) were unable to meet certain financial commitments or settle the terms of the master license as contemplated in the settlement.


I hate to speculate here but it sure looks to me like this injunction hearing was the last course of action DION had at quashing the BingoNet acquisition. Remember without the MASTER LICENSE or control of the patents DION would see very little revenue from their TV deal if it ever materialized.

Recently, Dion Entertainment Corp. has made various announcements and has received substantial media coverage about plans to launch an interactive TV
bingo game show, which management for Border considers to be a potential infringement of the BingoNet(R) patents.


Also notice DION brought the matter to the courts around the exact time BOP were scheduled to complete the BingoNet acquisition. A little fishy on DIONs part?????



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext