Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : MILLIONAIRE. COM........( MLRE ) -- Ignore unavailable to you. Want to Upgrade?

To: drockman who wrote (2497)	1/27/2000 12:54:00 AM
From: Bobbie Boucher	Read Replies (5) \| Respond to of 2664

U.S. DISTRICT COURT GRANTS PRELIMINARY INJUNCTION AGAINST FLOYD SCHNEIDER (A.K.A. FLOYDIE, A.K.A. TRUTHSEEKER) ANNOUNCES ZIASUN Technologies Inc. SOLANA BEACH, Calif., Jan 25, 2000 /PRNewswire via COMTEX/ -- ZiaSun Technologies Inc. (OTC Bulletin Board: ZSUN) (www.ziasun.com) today announced that the Company's motion for Preliminary Injunction against Floyd Schneider (a.k.a. Flodyie, a.k.a. Truthseeker) was granted on January 21, 2000, by Judge Marsha Pechman of the U.S. District Court, Western District of Washington. In the order granting the Preliminary Injunction, the court indicated it "is convinced that Schnieder has posted false messages about ZiaSun on the Silicon Investor message boards; that such communications may be unprivileged; and that Schneider was negligent in making the postings. Schneider's electronic postings are also causing damage to ZiaSun." Furthermore, the Court stated "accordingly this Court will balance Mr. Schneider's interest in publishing false and defamatory information about ZiaSun against the potential harm to ZiaSun." The injunction specifically prohibits Mr. Schneider from posting false statements about ZiaSun or its officers and employees, including false allegations that any are criminals or "crims"; false statements suggesting fraudulent activity or dishonest conduct by ZiaSun or its officers and employees; false statements about government investigations into ZiaSun; or implying undisclosed facts about these matters. The Preliminary Injunction takes effect upon ZiaSun's posting of a $1,000 bond, which has now been done, and would be expected to remain in effect until ZiaSun's pending suit against Mr. Schneider, and others is tried. ZiaSun's suit alleges defamation and several other claims.