Nexicon Inc. (fka NXCO)

[The Godfather]

Check this old news out:

http://www.wired.com/epicenter/2008/09/youtube-copyrig/



YouTube Copyright Cop Goes From Busted to Buster

NexiconNexicon, YouTube’s new copryight cop, doesn’t have the cleanest of records. The former online cigarette seller was sued for taking orders from minors; for failing to report cigarette sales and taxes; and for falsely advertising cigarettes as tax-free.

Nexicon, a publicly traded company formerly operating under the name Cyco.net, missed a couple SEC filing deadlines, and it was delisted from the Bulletin Board for close to two years while the company "built the business." (It’s now traded on Pink Sheets.)

It ditched the cigarette business (sold it to an American Indian tribe) and at one point wanted to be some sort of web portal, according to one report.

It changed its name in 2005 after acquiring a couple technology companies — Orion Security and Pluto Communications — in stock swaps. The Orion purchase piqued the interest of the SEC, which questioned how the company could have done the deal with stock it didn’t have.

Still, in what we can only gather must be some sort of miracle, Nexicon has since transformed the business into a digital rights management company. And it landed YouTube and at least one of the six major studios as customers for its copyright management services.

We might have assumed yesterday’s announcement was designed to pump the stock — YouTube was mum on the subject, and shares of Nexicon surged as high as 16 percent to 7 cents per share in yesterday’s session — but YouTube confirmed the announcement with us today.

And there may be more news yet, according to Sam Glines, the vice president of strategy and planning at Nexicon.

"We’re also in discussions with another major studio," said Glines.