InvestorsHub Logo
Followers 17
Posts 751
Boards Moderated 0
Alias Born 05/16/2013

Re: None

Tuesday, 03/26/2019 8:42:54 PM

Tuesday, March 26, 2019 8:42:54 PM

Post# of 42618
It is incorrect to think that BRK is a pump and dump. In fact it has been a slow methodical process going through the courts.

BRK acquired the REFCAM technology in 2016 for 5,000,000 shares.
https://www.sec.gov/Archives/edgar/brk_8k.htm

After Stramacchia left BRK he continued to use the technology with Vicareo and IMT
https://imt-solutions.com/about/news-events/imtdragonfly-powers-vicareo-refcams-at-2019-college-football-playoff-national-championship/

BRKK won the case by default judgement in March 2018.
https://www.pacermonitor.com/public/case/22982516/BRK,_Inc_v_iSee_Automation,_Inc

Now nearly 12 months later after BRK is able to pay its lawyers and remove all debt with a 3a10 that is completed They win a judgement amout for $2.4mm and some investors want to complain that this is a pump and dump. Too funny. They won the case and the judgement. In addition REFCAM has been used in many events since 2016. It is only logical to expect other payouts for IP infringement.