Wednesday, May 15, 2019 3:20:48 PM
2019 the Company was awarded a $2,474,156.62 judgment against iSee Automation, Inc. for breach of contract with respect
to the Company's intellectual property related to RefCam. Management views this decision as a
major milestone for the Company's future now having precedence and judgments on its side.
Daniel Serruya, President & CEO of BRK, Inc. commented, "BRK, Inc. will use this decision and judgment to strengthen the
Company's position to negotiate settlements from other entities currently infringing on our intellectual properties. We will take
the initial approach to win a customer and recurring revenue rather than litigation, but if our efforts are unsuccessful the
Company will vigorously defend its intellectual properties." Mr. Serruya added, "With the case behind us, the Company
is positioning for significant growth by continuing its efforts to remove creditors from its balance sheet,
developing new applications for its technology and gaining customer traction for future revenue generation,
which will make for a compelling story for current and future investors."
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