Anything Technologies Media Inc. (EXMT)

[Insight18]

History of Media Factory and Global Publishing

Willy Chow founded Media Factory in the 1990 and sold the company to George Chen's family in 2004. Over the period of ten years, Media Factory accumulated huge amount of royalty payment to Philips and Sony so that Federal Court ordered one time settlement of enormous amount that Media Factory could not afford. Then, George Chen family came to the picture, and The Family paid a chunk of the settlement which equaled to the asset of Media Factory. Willy Chow left the company and started Solar with others. Media Factory Became Global Publishing at that time.

Now, Richard Wilson acted as an agent of a investor to purchase Global Publishing. The validity of the purchase really need close observation, because it is time to settle another huge chunk of royalty payment with Philips.

On wwww.IP.Philips.com, all current licensees are listed there Worldwide. If not listed, there is payment owed or never paid. Be careful, do not buy into trouble.