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Pastimes : Investment Chat Board Lawsuits

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To: Jeffrey S. Mitchell who wrote (7253)2/10/2005 4:33:17 PM
From: Mighty_Mezz  Read Replies (1) of 12465
 
In this post over on RB,
ragingbull.lycos.com
someone posted an article from
miaminewtimes.com

Here's a shocking excerpt.

Last week inventor James Reidy announced that Zwebner had failed to make the $10,000 royalty payments for four consecutive months. A six-week process for terminating his contract with Zwebner ended February 1. "Whatever they say, they do not have any rights whatsoever to my patents," Reidy warns. "All I know for sure is that he cannot use or claim to be using my technology or my patents."

Even if Zwebner were to wire him $40,000 tomorrow, Reidy says he won't reconsider. "It's too late. I don't want to have anything to do with them." Already he's looking for a new group of investors and a new manufacturer to produce his miraculous machines.


What? No 8K? Come on, SEC!!!
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