InvestorsHub Logo
Followers 124
Posts 13918
Boards Moderated 1
Alias Born 01/13/2006

Re: startingboy post# 78

Tuesday, 11/23/2010 11:42:41 AM

Tuesday, November 23, 2010 11:42:41 AM

Post# of 82
old post from EdF
EdF Share Tuesday, January 30, 2007 10:32:29 AM
Re: None Post # of 78

Rec'd a response from the CEO:

Many thanks for your recent emails.

As you may know Zane has produced a considerable number of educational CD-ROM titles since 1995, and while we are considering a range of additional opportunities for Zane, we are at the present time focusing on 2 significant situations where 2 companies in the United States, appear to have taken content to which we have Copyright, and deliberately used that content extensively without any form of authorisation or Licensing Rights.

As a result we currently focusing on working with Forensic Software experts that we have employed, to provide us with the necessary evidence to prosecute and seek significant financial damages from the corporations involved. We will be in a position to make further decisions once we have been provided with the initial reports from those Forensic investigators.

It is because of our fiduciary responsibilities to Zane stockholders, that we are not making any reports or press releases until such time that we can provide accurate and meaningful information. Suffice to say that if we did not believe that this Breach of our Copyrights was both serious and significant, we would not be giving it the priority we believe that it deserves.

I welcome your emails and am happy to provide what information I can, however I must exercise caution and prudence.

Kind Regards,