Hi, Jeff
Here is a interesting topic to do DD on while we wait for the 10sb to get approved. Yes this board has gottten rather boring.
Regards mr ed
MIAMI--(BUSINESS WIRE)--March 2, 2000--Quest Net Corp., (OTCBB:QNET - news;
OTCBB:QNETE - news), announced today that the company has filed a lawsuit in Dade
County Circuit Court against five individuals they alleged were smearing the image of the
company on the Raging Bull Bulletin Board.
Also, the court today entered an injunction against one of the defendants, David Engel
a/k/a bcohen, restraining him from any further conduct which may be construed as an
intentional interference with any contractual/business relationships with its employees,
suppliers, customers, shareholders and/or investors.
Quest Net Corp. alleges in the lawsuit that five individuals using the alias names bcohen,
jollyr, ADVISORY, Cats3 and gman007, posted false and defamatory statements about
the company and its Chairman, Camilo Pereira, on an Internet bulletin board, the Raging
Bull.
Pereira claims these statements constituted an intentional interference with the company
and Mr. Pereira's business relationships. The company alleged the defendants are short
sellers and engaged in cybersmear to depress the price of the company's stock for their
personal benefit.
This suit is representative of the company's policy not to tolerate the dissemination of any
false or defamatory information on the Internet regarding the company, its officers,
directors or shareholders.
Based in Miami, Quest Net Corp. is a provider of secure, full-service global Internet and
Intranet broadband digital networking solutions for businesses and individuals. Quest Net
is one of the largest regional Internet Service Providers (ISP) of bandwidth. It also offers
dedicated high speed Internet access, metropolitan and wide area network data
transport services, including virtual private networks to several commercial clients and
other ISP's and Wireless Internet Connections at speeds of up to 3Mbps, and a distance
of up to 20 miles on a 2.4 Ghz and 5.8 Spectrum. Quest Net offers one of the fastest and
cleanest routing systems for the transfer and delivery of voice, video, and data streams at
speeds ranging from 64Kps to speeds of up to 45 Mbps.
The statements which are not historical facts contained in this press release are forward
looking statements that involve certain risks and uncertainties including but not limited to
risks associated with the uncertainty of future financial results, development of new
products, government approval processes, the impact of competitive products or pricing,
technological changes, the effect of economic conditions and other uncertainties detailed
in the company's filing with the Securities and Exchange |
