Brilliant Technologies Corp. (fka BLLN)

[Wayne Rosso]

There have been HUGE things going on behind the scenes. In fact, $2 million worth of huge.

The US Federal Court denied Klepsy's motion to set aside the default judgment that Oracle was awarded in their little "tiff" with Qtrax. You know. The one that Klepsy said a year ago would be settled in "a couple of weeks".

So this means that the original default judgment stands and that Qtrax is liable and must pay up.

Now if history is any indication, Klepsy will drag this out for another year or so, dodging any Oracle collection efforts. And I'm sure that Klepsy will be spending most of his time conveniently in other countries launching his "Betas", making it all the more difficult for him to be tracked down and served.

The reality is that absolutely no legitimate investor will put money into a company that has huge default judgments from major international corporations hanging over its head. Not to mention the millions in judgments held by other creditors. And by the way, fellas. Did anyone ever notice that Richard Rubenstein's name has not been listed as contact on the last couple of worthless press releases that Klepsy has issued? Klepsy has used himself as the press contact. So what do you think that means? I think it means no more Richard Rubenstein. Looks like Qtrax is now officially a 2 man show. Looks great for the future.

Read all about it here:

http://doc?s.justia.c?om/cases/f?ederal/dis?trict-cour?ts/califor?nia/candce?/4:2009cv0?3334/21743?3/56/