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Textbook_Hippie_Man

07/31/13 10:50 AM

#9218 RE: tenantprotection #9216

Tenant,

Here are some other companies you can go after as well.

http://www.mynationwidemagazine.com/3-apps-stop-texting-while-driving

Good luck.

Shareholder.
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Textbook_Hippie_Man

07/31/13 11:03 AM

#9219 RE: tenantprotection #9216

Here's about 12 more companies.

http://www.turnkeyoffice.net/resources/stop_texting_while_driving.html


You're going to have your hands full with cease and desist orders or lawsuits. I'm finding it harder to believe as i do DD that WebSafety is going to be able to do anything to these companies.

After reading the 8k, what are we up to? 1,000,000,000 minimum OS?

At .01 that's a $10 million market cap. We're light years from that kind of cap.

Don't get me wrong I'm a long shareholder, but I'm not sure I'd bet the farm on this one yet.
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powerbattles

07/31/13 12:58 PM

#9233 RE: tenantprotection #9216

In most jurisdictions, a shareholder must satisfy various requirements to prove that he has a valid standing before being allowed to proceed. The law may require the shareholder to meet qualifications such as the minimum value of the shares and the duration of the holding by the shareholder; to first make a demand on the corporate board to take action; or to post bond, or other fees in the event that he does not prevail.
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Revengeonshorter

11/01/13 7:29 AM

#11097 RE: tenantprotection #9216

HERE YOU GO THIS IS THE LEGAL LAWSUIT POST I WAS TALKING ABOUT
AS SOON AS THE RE- LAUNCH THIS GUY COULD PUT A SUIT INTO ACTION!


Wednesday, 07/31/13 10:34:33 AM



Re: powerbattles post# 9210







Post # of 11096










SHAREHOLDER DERIVATIVE LAWSUIT

That is the beauty of shareholder rights. Websafety is obligated to send out CEASE AND DESIST letters or they can be sued for negligence.

HOWEVER, a shareholder has a legal right to send a demand letter to Websafety to send out these CEASE AND DESIST letters timely. After the passing of the statutory time period, if Websafety fails to send out these letters, the shareholder, on behalf of Webafety, can send out these letters.

Furthermore, the shareholder can then initiate a "shareholder derivative lawsuit" against individuals infringing the patent.

The lawsuit alone will pop the stock and it will give Websafety great marketing since millions of shareholder's of the major carriers are going to hear of the lawsuits via their own company's reporting and via the media. HOWEVER, the best time for this suit will be after Websafety re-launches its website.

THEREFORE, I am reviewing Websafety's Patent claims with my attorney. If it is strong then my attorney will send Websafety a notice to send out the CEASE AND DESIST letters. If Websafety fails to send out those letters timely, my attorney will send out the letters and then commence a derivative suit against the infringers on behalf of Websafety. No permission is needed from Websafety (This is the beauty of shareholder rights).

"Derivative suits permit a shareholder to bring an action in the name of the corporation against parties allegedly causing harm to the corporation. If the directors, officers, or employees of the corporation are not willing to file an action, a shareholder may first petition them to proceed. If such petition fails, the shareholder may take it upon himself to bring an action on behalf of the corporation. Any proceeds of a successful action are awarded to the corporation and not to the individual shareholders that initiate the action."