Thursday, December 07, 2000 8:19:02 AM
Bashers
SAN DIEGO, Dec 7, 2000 (BUSINESS WIRE) -- Complaint To Be Filed In California
State Court Seeks To Uncover Identity Of Parties Responsible For Posting
Defamatory And Inaccurate Information On Financial Message Board
New Visual Entertainment, Inc. (OTCBB:NVEI), a pioneer in the development of
proprietary transmission technology focused on delivering the ultimate "last
mile" solution, today announced its intent to file a complaint this week with
the California Superior Court in San Diego for defamation against 50 John Doe
Internet bashers posting on a popular message board featuring the Company's
stock. In association with the law firm of Arter & Hadden LLP, New Visual
expects to act decisively to uncover the identity of those responsible for
posting abusive, inaccurate and defamatory messages about the Company.
Ray Willenberg, Jr., Chief Executive Officer of New Visual, stated, "New Visual
and its shareholders have been harmed by these defamatory and irresponsible
messages. We intend to take all necessary steps, including this legal action, to
protect the Company and recover the Company's damages. We've been contacted by
numerous shareholders who have expressed concern over misinformation that has
been disseminated in the marketplace about the Company, and we take this concern
very seriously. We will do whatever is necessary to ensure that a balanced,
truthful, and responsible presentation of the New Visual investment and business
opportunity is available to those seeking comments and information from the
financial message boards."
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Just thought some might be interested.
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