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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (2600)6/24/1999 5:58:00 PM
From: Bill Ulrich  Read Replies (1) | Respond to of 7056
 
Has HITT actually served any papers to anybody? Curious, since papers can be served pretty quickly&#151witness the BW suit. We got papers very quickly after the press release. Yet there doesn't seem to be any serious attempt by HITT to get their own matter served.

Speaking of press releases, and since bob sims has so graciously made this a forum for the Webnode case with his constant posting of the suit:

biz.yahoo.com

Thursday June 24, 9:03 am Eastern Time, Company Press Release

SOURCE: Webnode Legal Defense Fund

Mitchell, Ulrich, and Shell File 'Motion To Strike' Business Wire Lawsuit Under California's Anti-SLAPP Provision, and Launch the Webnode Legal Defense Fund

WESTPORT, Conn., June 24 /PRNewswire/ -- Jeffrey S. Mitchell, William Ulrich, and Janice Shell, via their lawyer, Bruce Methven of Methven & Associates of Berkeley, California, recently filed a Special Motion to Strike Pursuant to California Code of Civil Procedure Section 425.16 (aka the anti- SLAPP provision) against Business Wire, pursuant to Case No, C 99-1987 EDL. A complete copy of the Motion can be found at: webnode.com.

&#160&#160&#160&#160&#160The defendants are &#147members&#148 of Fly By Night Associates (FBN), a loosely affiliated group of people who consider themselves part of a much larger &#147neighborhood watch&#148 on the Silicon Investor web site (http://www.techstocks.com). FBN is proud of the role they and a large number of Silicon Investor members have played in helping identify unscrupulous promoters, promotions, and companies.

&#160&#160&#160&#160&#160For the last three years, FBN and friends have used April 1, April Fools Day, to remind investors just how easy it is to be scammed. Last year, for example, the group created a web site for a fictitious company supposedly possessing the cure to the Year 2000 (Y2K) computer bug (http://www.magneticdiary.com/fbn).

&#160&#160&#160&#160&#160This past April Fools Day, FBN decided to sell the Internet -- the state- of-the-art, fiber-optic based, Next Generation Internet -- node by node (http://www.webnode.com). In order to call attention to the fictitious entity called Webnode, FBN paid for and issued a press release over Business Wire. Using a technique known as &#147ticker spamming&#148 (aka &#147leeching&#148 in FBN parlance), a practice not forbidden by Business Wire, FBN was able to effect distribution of the release on Yahoo under 20 different ticker symbols, including such companies as America On-Line, Amazon.com, and Microsoft.

&#160&#160&#160&#160&#160The Webnode.com site was set up so that no one could actually send the fictitious company any money, and there was not even an address on the site to which people could have sent funds, nor was credit card information collected. Anyone who reached the contact person on the press release was informed the site was an April Fools project. On April 2, FBN changed the site by prominently placing text at the top saying, in part, &#147This little button leads to the real truth about Webnode!&#148 which, when pushed, led to a web page proclaiming &#147April Fools&#148 in large lettering along with links relevant to FBN. In addition, all &#147submit&#148 buttons for make-believe node and share reservations were disabled.

&#160&#160&#160&#160&#160In the early afternoon of April 5th, Business Wire requested the Business Wire name and copy of the Webnode news release be deleted from the Webnode.com site. Business Wire's agreement states that the contact person, not Business Wire, has authority over copy distribution. However, in an effort to accommodate Business Wire, within a few hours the defendants had replaced the Business Wire byline with &#147Bidness Wire&#148. On April 17, Business Wire formally requested the Bidness Wire byline be removed from the &#147fictitious&#148 site as well, but conceded the text could stay. Later that night, the defendants made that change as well, and added a retraction to the Webnode site. On April 22, Business Wire formally complained to the FBI that Webnode.com was somehow now &#147fraudulent&#148, and on April 26 they issued a press release saying they had filed suit.

&#160&#160&#160&#160&#160The defendants believe that if press release providers like Business Wire are allowed to maintain lawsuits like the one filed against them, people like the defendants will be greatly hampered in trying to educate the public about Internet fraud by showing consumers how easily they may be taken in by a web site and a press release. The defendants contend they have engaged in legitimate free-speech activities and that Business Wire should not be allowed to retaliate against them via a lawsuit because it does not like the publicity surrounding the defendants' project or because the defendants have poked fun at it. The defendants are asking the complaint be stricken in its entirety and the defendants awarded their attorneys fees.

&#160&#160&#160&#160&#160The Webnode Legal Defense Fund is currently in the process of filing with the State of Connecticut to be a non-profit, tax-exempt organization. Donations can always be sent directly to:

Webnode Legal Defense Fund
c/o Attorney Herbert Mendelsohn
110 Washington Avenue
North Haven, CT 06473
SOURCE: Webnode Legal Defense Fund