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 : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: blebovits who wrote (8439)	11/10/2001 8:04:37 PM
From: Ben Wa	Respond to of 19428

if they really guarantee doubling your portofolio, you ought to send the website info the enforecement@sec.gov

To: blebovits who wrote (8439)	11/10/2001 8:04:37 PM
From: Ben Wa	Read Replies (1) \| Respond to of 19428

if they really guarantee doubling your portofolio, you ought to send the website info to enforecement@sec.gov

To: blebovits who wrote (8439)	11/11/2001 5:04:48 PM
From: Sir Auric Goldfinger	Read Replies (3) \| Respond to of 19428

WBE would be you, Issac Winehouse at Wall & Broad Equities, Riiiight?: "New Visual Entertainment reached a settlement with one defendant, identified as ``wbe,'' who stated, `` `wbe' hereby fully and publicly retracts each and every one of its messages regarding New Visual Entertainment Inc." May 9, 2001 New Visual Entertainment Obtains Retraction Regarding Message Board Postings SAN DIEGO--(BUSINESS WIRE)--May 9, 2001--New Visual Entertainment Inc. (OTCBB:NVEI - news), a pioneer in the development of proprietary transmission technology, Wednesday announced it has reached an out-of-court settlement with one defendant in a lawsuit that it brought against several defendants who had posted information regarding New Visual on the Raging Bull message board. The lawsuit alleged that various persons posted false, misleading and defamatory information about New Visual Entertainment and its business practices and management on the Internet. John Howell, executive vice president of New Visual, stated, ``It was important to us to set the record straight. While it is our policy not to comment on rumors or speculation, because of the widespread nature of defamatory statements that originated on the Raging Bull Web site, we felt that in this case a formal response was necessary. We hope that the settlement announced today will put the information available on Internet message boards regarding New Visual in their proper context.'' New Visual Entertainment reached a settlement with one defendant, identified as ``wbe,'' who stated, `` `wbe' hereby fully and publicly retracts each and every one of its messages regarding New Visual Entertainment Inc. posted on the Raging Bull message board.'' The settlement agreement contains additional provisions in which ``wbe'' further represented that it has not at any time purchased, offered to purchase, traded, sold or offered to sell New Visual stock, whether as a broker, agent or principal. ``wbe'' agrees to never again post messages on any public forum as ``wbe'' or any other pseudonym. New Visual Entertainment has dismissed the lawsuit without prejudice against the other defendants. As a result, New Visual management maintains the option to re-open the lawsuit at any time should additional evidence surface regarding any of the defendants. About New Visual New Visual Corporation is pioneering the development of a proprietary broadband transmission technology with the mission to utilize existing copper telecommunications infrastructure to deliver data and content to the office or home at fiber optic transfer rates. Through its NV Technology, Inc. subsidiary, New Visual is developing technology that will allow the bundling of voice, video, and data over existing copper telephone wires, potentially eliminating the need for fiber optic cable to the home or office. New Visual's common stock is traded on the Over-The-Counter Bulletin Board under the symbol NVEI. With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the ``Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Contact: New Visual, San DiegoRich Wilson, media contact619/692-0333orJohn Howell, investor contact619-692-0333orFleishman-Hillard for New VisualBridget Stachowski, media contact619/237-7717 newvisual.com