Brilliant Technologies Corp. (fka BLLN)

[Wayne Rosso]

Here is the post by Ian Penman of New Media Law in London.

http://wp.newmedialaw.biz/?p=36

RR works for NML and I personally know of other lawyers and vendors who have the exact experience. I have seen copies of bounced checks from Klepsy that have not been pursued through the courts for the same reason as Penman didn't sue. Not only that, but if the stiffed parties would win, which they would, they probably still wouldn't be able to collect. Klepsy has reneged on numerous settlements and ignored judgments in the past. In someone case he actually made settlement payments with bad checks.

Is this normal? Is this what one would expect from the CEO of a publicly traded company? I've never heard of this kind of behavior. It's nice to see someone finally publicly call out Klepsy.