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The GGII scam is almost due for another Peacock Reverse Split.
jmo
And on to Peacocks next dilution scam with GGII.
jmo
What is Peacock scamming now.
jmo
How Peacock can even attempt to put a positive spin on having no rights to the Green Globe name is perplexing.
jmo
In other words, GGII lost the lawsuit and can't do business in the U.S. anymore.... but that really didn't matter as they never owned the brand anyway.... EC3 has the rights to Asia Pacific and EC3 manages the Green Globe name there... What a debacle this whole scam has been.... Peacock is an idiot and a crook!!! JMO
Green Globe International, Inc. (Pink Sheets:GGII) today announced that it has agreed to a settlement of a brand dispute with the owners of a green rating system for buildings in the United States. The agreement with the Green Building Initiative (GBI), the exclusive owner of the U.S. trademark, GREEN GLOBES®, which is used in connection with an assessment protocol, rating system, and guide for environmentally friendly building operations and designs of new and existing buildings in the United States, comes at a time when Green Globe International is seeking to shift operations of the Green Globe brand back to the UK corporation where it originated.
Under terms of the settlement agreement, Green Globe International will not offer assessment or certification of building design or building operation services under the Green Globe brand within the United States.
"The agreement with GBI is a very positive development for the company," commented Mr. Peacock, Managing Director and Chief Executive Officer of Green Globe International, Inc. "While Green Globe International and its affiliates have not historically offered building certification services, this agreement provides assurances to GBI that such services will not be offered under the Green Globe brand in the U.S. Several changes to the Green Globe International website will soon be implemented to prevent any confusion between GREEN GLOBES® and Green Globe.
"This settlement also folds in very nicely with the company's current strategy to move the operations of the Green Globe brand back to the U.K. corporation, while it pursues renewable energy projects, including energy and tax credits, both in the U.S. and abroad. We will be contacting all brand licensees in order to communicate our intentions going forward," Mr. Peacock added.
Green Globe International is currently focused on emerging opportunities in the green space, renewable energy projects, within the United States and in other underserved regions overseas. Green Globe International is currently an 88% majority owner of Green Globe Limited, the UK corporation that owns the Green Globe brand.
The Green Globe brand and program, which traces its roots back to the United Nations Rio de Janeiro Earth Summit in 1992, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development, has primarily been used in the travel and tourism industry but is now being expanded to include a growing number of environmentally responsible businesses in a variety of market sectors. The Green Globe brand is an ideal symbol for the world's increasing awareness of environmental responsibility and response to global climate change.
The company encourages all shareholders and others interested in following the progress of the Green Globe brand to subscribe to receive email alerts whenever new information is made public. To subscribe, please visit http://www.greenglobeint.com/stayconnected/email/.
About Green Globe International, Inc.
Green Globe International, Inc., through its 88% majority ownership in Green Globe, Ltd., a UK corporation, is the worldwide owner of the Green Globe brand, the recognized leader of sustainability certification and benchmarking programs, carbon footprint calculation and offset programs, and a broad range of consulting services. Green Globe International is an affiliate member of the United Nations World Tourism Organization and the World Travel & Tourism Council (WTTC), the business leaders' forum for the travel and tourism industry, is a major shareholder of Green Globe International. For more information on the company and its programs, please visit www.greenglobeint.com or call 888-528-0883.
For information on Green Globe Certification, please visit www.greenglobe.com. To see sustainable travel options, please visit www.greenglobe.travel.
The Green Globe International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6582
About Green Building Initiative, Inc.
Green Building Initiative (GBI), the exclusive U.S. licensee of the GREEN GLOBES® rating system for new and existing buildings and the owner of the GREEN GLOBES® trademark. GREEN GLOBES for new construction (GREEN GLOBES/NC) was recently established as an American National Standard, the first and only green building rating system for commercial buildings to achieve that distinction. Green Globes is widely recognized throughout the United States as one of the leading, established green building certifications for commercial buildings. GREEN GLOBES ® is not affiliated with Green Globe International.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Green Globe International, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
CONTACT: Green Globe International, Inc.
Public Relations and Communications
888-528-0883
corporate@greenglobeint.com
EC3 Global has a wholly owned subsidiary Green Globe Asia Pacific Pty Ltd (“GGAP”).
Since 1999 GGAP has had a license from the owner of the Green Globe brand, Green Globe Limited (“GGL”), to use the brand name and trade mark “Green Globe”, “Green Globe 21” and the Green Globe logo (together the “Green Globe Brands”) for the purpose of providing an environmental certification program and related products, services and activities for the travel and tourism industry.
GGAP’s current license is worldwide and is exclusive in the Asia Pacific Region. The Asia Pacific Region includes Australia, Antarctica, Bangladesh, Bhutan, Borneo, Cambodia, East Timor, Fiji, French Polynesia, India, Indonesia, Japan, Hong Kong, Kirghizia, Laos, Malaysia, Maldives, Mariana Islands, Micronesia, Mongolia, Myanmar, North Korea, Nepal, New Caledonia, New Zealand, Pakistan, Papua New Guinea, Philippines, South Korea, Singapore, Solomon Islands, Sri Lanka, Taiwan, Tajiskistan, Thailand, Tonga, Vanuatu, Vietnam and Western Samoa.
The exclusive nature of GGAP’s license prevents the use of the Green Globe Brand by any other person or organization for any purpose in the Asia Pacific Region. The Asia Pacific Region does not include Mainland China where GGAP’s rights are non-exclusive.
GGAP’s license is irrevocable and expires in May 2014 although GGAP has an option to extend its licence for a further five year period. In accordance with its agreement, GGAP sub-licenses all of its rights to use the Green Globe Brands to EC3 Global.
EC3 Global, pursuant to its sub-licence delivers and manages globally its Green Globe benchmarking and certification program, underpinned by EarthCheck science. EC3 Global has the exclusive, worldwide rights to the EarthCheck science. Consequently, while there are other licensees of the Green Globe brand outside the Asia Pacific Region, none of those licensees can underpin their product with the EarthCheck science.
http://www.earthcheck.org/en-us/green_globe/green_globe.aspx
RFC Case Number: T-G09-1167G
Court Case Number: 3:09-cv-01167-KI
File Date: Friday, October 02, 2009
Plaintiff: Green Building Initiative, Inc.
Plaintiff Counsel: Daniel P. Larsen of Ater Wynne, LLP
Defendant: Green Globe International, Inc.
Cause: 15:1051 Trademark Infringement
Court: Oregon District Court
Judge: Judge Garr M. King
Portland nonprofit coalition's suit centers on ownership of Green
Daily Journal of Commerce (Portland, OR), Oct 16, 2009 by Melody Finnemore
12Next ..The Green Building Initiative, a Portland nonprofit coalition that assesses and certifies environmentally friendly building practices through the Green Globes program, is suing a California company for trademark infringement.
GBI claims Green Globe International Inc. of Murrieta, Calif., has illegally used the trademarked name to operate a certification system for environmentally friendly building design. In the lawsuit, GBI identifies itself as the first organization to be accredited as a standards developer by the American National Standards Institute.
On its Web site, Green Globe International claims to be "the exclusive worldwide owner of the Green Globe brand, the premier international symbol for the environmental responsibility and response to global climate change."
Mark Rossolo, GBI's director of state and local outreach, said the organization in 2004 launched its effort to brand the Green Globe name and build its reputation as a leading guidance and assessment program that offers an effective, practical and affordable way to advance the overall environmental performance and sustainability of commercial buildings.
"We have the rights to the Green Globe name in the U.S. and we are going to vigorously protect that," he said, adding there are about 77 Green Globe buildings in the U.S. that GBI has assessed and certified through the program.
Representatives from Green Globe International failed to respond to requests for comments about the lawsuit. According to the company's Web site, the Green Globe brand and program were launched in 1992 during the United Nations Earth Summit in Rio de Janeiro. Green Globes certification is the leading, third-party, independent recognition of sustainability efforts based on internationally accepted documentation, the Web site states.
GBI, which is governed by 15 directors representing the construction and architecture sectors, nongovernmental organizations, academic institutions and industry, was created through an effort to help local homebuilder associations develop green building programs modeled after the National Association of Home Builders' Model Green Home Building Guidelines.
GBI states that it finalized an agreement to bring the Green Globes program into the U.S. commercial construction market while developing a strategic partnership with the NAHB. According to GBI, the Green Globes program originally was developed in Canada.
Copyright 2009 Dolan Media Newswires
Provided by ProQuest Information and Learning Company. All rights Reserved.
Rumors of lawsuits against Peacock abound. Please post any information on this topic any may have.
jmo
This is a board to discuss the various Peacock scams.
Anything and anyone associated with Peacock is on topic.
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