Sunday, April 29, 2018 8:57:22 PM
Intellectual Property
BRK Inc is a company that owns a patent for cameras in helmets. Here is the patent they bought ...
https://assignment.uspto.gov/patent/index.html#/patent/search/resultAbstract?id=15079847&type=applNum
BRK bought the rights to this patent from iSee Automation. You can see BRK listed as the "assignee" on the patent. The "assignee" is the current owner. See section Ownership "and the assignment of the patent, or patent application, transfers to the assignee(s)" on this uspto.gov page ...
https://www.uspto.gov/web/offices/pac/mpep/s301.html
The Lawsuit
BRK Inc. bought the patent from iSee Automation. But iSee Automation was declining to hand over the intellectual property and physical property purchased by BRKK. Some details why this lawsuit happened is in NOTE 1 – BASIS OF PRESENTATION AND ORGANIZATION section on their last filed 10-k ...
https://backend.otcmarkets.com/otcapi/company/sec-filings/12287226/content/html
Thus conflict started about a year ago between BRKK and iSee Automation concerning their binding agreement. Thus this lawsuit happened ...
https://www.pacermonitor.com/public/case/22982516/BRK,_Inc_v_iSee_Automation,_Inc
Here is the result from the lawsuit awarding plaintiff BRKK the victory in this case ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139639878
Here are real documents from the court case on Pacer Monitor ...
https://cdn.pacermonitor.com/pdfserver/NOKQWVQ/79599482/BRK_Inc_v_iSee_Automation_Inc__wawdce-17-01715__0001.0.pdf
https://cdn.pacermonitor.com/pdfserver/OI24ZBY/86912099/BRK_Inc_v_iSee_Automation_Inc__wawdce-17-01715__0012.0.pdf
I believe we are awaiting judgement to determine the final settlement amount. I found this video informative concerning this ...
https://www.maxmeyerslaw.com/video/what-is-a-default-judgment-in-washington-state-.cfm
Patent infringement damages - useful info ...
https://www.upcounsel.com/patent-infringement-damages
In my opinion the lawsuit stopped this stock's momentum for about a full year. Now that BRK Inc. has been declared the winner the stock price is recovering.
Noteworthy
BRK was making money before the lawsuit happened ...
https://www.accesswire.com/459074/BRK-Inc-OTC-PINK-BRKK-Receives-First-Revenue-Check-From-Proprietary-Helmet-Camera-Technology-Use
BRK has / had contracts with Canadian media giant Rogers Media prior to the lawsuit ...
http://brkincorporated.com/brk-inc-otc-pink-brkk-isee-sports-refcam-center-piece-collaboration-rogers-nbc-sports-nhl-star-game/
Who is Rogers Media? https://en.wikipedia.org/wiki/Rogers_Media
BRK was broadcasting real NHL games with their RefCam technology ...
https://www.accesswire.com/457506/BRK-Inc-OTC-PINK-BRKK-Technology-Captures-Unparalleled-Views-of-Fight-Between-NHL-Players
Want to see many examples of BRK broadcasting NHL games? Here you go ...
Who is "SPORTSNET"? https://www.sportsnet.ca (a property of Rogers Media)
Here is the RefCam website. Ownership of this website should transfer to BRK Inc. per the court decision ...
http://refcam.pro/
BRK was / is seeking to license their camera helmet technology to other companies ...
https://www.accesswire.com/456549/BRK-INC-OTCPINK-BRKK-MOVES-TO-INCLUDE-LICENSING-MODEL
BRK has purchased all the patents and intellectual property related to "iSEE" ...
https://www.accesswire.com/439956/BRK-Inc-OTCBB-BRKK-Acquires-Patents-For-Helmet-Camera-Live-Broadcast-Technology
BRKK stock price on 4/11/2017 was 42 cents and on 1/19/16 was 85 cents prior to the lawsuit!
Can BRKK rally back to previous levels now that they have won their court case?
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