Monday, January 02, 2006
With Home Builders making money
paying dividends, and increasing their profits. Why would anyone buy stock in a POS company that has to sue people that bad mouth them in order to come up with money to pay the bills?
Press Release Source: GTX Global Corporation
GTX Global Files $50 Million Suit Against stocklemon
Tuesday November 22, 8:33 am ET
LAS VEGAS, Nov. 22 /PRNewswire-FirstCall/ -- GTX Global Corporation (GTXC) (OTC: GTXC.PK - News), a leading provider of innovative IP multimedia technologies that enable profitable IP communications announced today that it has filed suit against Mr. Andrew Left and others associated with the company stocklemon. The lawsuit alleges Trade Libel, Interference with Prospective Economic Advantage, Violations of the California Corporations Code, and of 15 U.S.C. 101, et seq., and Conspiracy. The suit seeks monetary damages in excess of $50 Million and a permanent injunction against the defendants. The lawsuit was filed in the Superior Court for the State of California in Los Angeles County by the Law Offices of Barry K. Rothman, counsel to GTX Global. Mr. Left is a resident of Los Angeles, and GTX Global believes stocklemon operates out of that city.
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About GTX Global
GTX Global partners with providers and integrators of IP communications services and equipment to deliver branded IP multimedia solutions that retain customers and create new revenue opportunities. GTX Global's technology advances have resolved existing bandwidth, connectivity, and security issues businesses face when attempting to deliver multimedia services over IP by efficiently minimizing bandwidth requirements and intelligently controlling packet loss and jitter. Unlike Voice over IP (VoIP) providers, video/web conferencing companies, or voice/video/data over IP platforms that can't offer the full range of multimedia capabilities without additional hardware or an expensive Quality of Service (QoS) Infrastructure, GTX Global has developed the industry's first solution to support delivery of high-quality multimedia with QoS-like performance and control over standard broadband lines. In addition, with GTX Globals' recent acquisition of Vizual Corporation, GTX Global aims to lead the broadband communications market through innovative, useful products delivered at aggressive prices. Vizual business lines include: VizTV(TM) and VTV®, Television over IP (TVoIP) products delivering stunning television quality over existing broadband infrastructure; VizCom(TM), Enterprise-grade videoconferencing, collaboration and productivity tools to drive greater performance from dispersed teams; VizMeet(TM), supporting large- scale video meetings with full access control, advance presentation capabilities and attendee interactivity serving users with a need to reach vast numbers of participants (webinars, conferences, talk shows, town meetings); VizLearn(TM), distance learning and educational tools to expand the classroom for creation and diffusion of knowledge (education, corporate training, continuing education); and VizTalk(TM), consumer videocalling over personal computers in unsurpassed quality. Please visit www.gtxglobal.net and www.vizualcom.com for more information.
This press release includes "safe harbor" language pursuant to the Private Securities Litigation Reform Act of 1995, as amended, indicating that certain statements about the Company's business contained in the press releases are "forward-looking" rather than "historic." The press releases contain forward- looking statements that involve risks and uncertainties concerning GTX Global's expected financial performance (as described without limitation in quotations from management in the press release), as well as GTX Global's strategic and operational plans. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
Press Release Source: GTX Global Corporation
GTX Global Files $50 Million Suit Against stocklemon
Tuesday November 22, 8:33 am ET
LAS VEGAS, Nov. 22 /PRNewswire-FirstCall/ -- GTX Global Corporation (GTXC) (OTC: GTXC.PK - News), a leading provider of innovative IP multimedia technologies that enable profitable IP communications announced today that it has filed suit against Mr. Andrew Left and others associated with the company stocklemon. The lawsuit alleges Trade Libel, Interference with Prospective Economic Advantage, Violations of the California Corporations Code, and of 15 U.S.C. 101, et seq., and Conspiracy. The suit seeks monetary damages in excess of $50 Million and a permanent injunction against the defendants. The lawsuit was filed in the Superior Court for the State of California in Los Angeles County by the Law Offices of Barry K. Rothman, counsel to GTX Global. Mr. Left is a resident of Los Angeles, and GTX Global believes stocklemon operates out of that city.
ADVERTISEMENT
About GTX Global
GTX Global partners with providers and integrators of IP communications services and equipment to deliver branded IP multimedia solutions that retain customers and create new revenue opportunities. GTX Global's technology advances have resolved existing bandwidth, connectivity, and security issues businesses face when attempting to deliver multimedia services over IP by efficiently minimizing bandwidth requirements and intelligently controlling packet loss and jitter. Unlike Voice over IP (VoIP) providers, video/web conferencing companies, or voice/video/data over IP platforms that can't offer the full range of multimedia capabilities without additional hardware or an expensive Quality of Service (QoS) Infrastructure, GTX Global has developed the industry's first solution to support delivery of high-quality multimedia with QoS-like performance and control over standard broadband lines. In addition, with GTX Globals' recent acquisition of Vizual Corporation, GTX Global aims to lead the broadband communications market through innovative, useful products delivered at aggressive prices. Vizual business lines include: VizTV(TM) and VTV®, Television over IP (TVoIP) products delivering stunning television quality over existing broadband infrastructure; VizCom(TM), Enterprise-grade videoconferencing, collaboration and productivity tools to drive greater performance from dispersed teams; VizMeet(TM), supporting large- scale video meetings with full access control, advance presentation capabilities and attendee interactivity serving users with a need to reach vast numbers of participants (webinars, conferences, talk shows, town meetings); VizLearn(TM), distance learning and educational tools to expand the classroom for creation and diffusion of knowledge (education, corporate training, continuing education); and VizTalk(TM), consumer videocalling over personal computers in unsurpassed quality. Please visit www.gtxglobal.net and www.vizualcom.com for more information.
This press release includes "safe harbor" language pursuant to the Private Securities Litigation Reform Act of 1995, as amended, indicating that certain statements about the Company's business contained in the press releases are "forward-looking" rather than "historic." The press releases contain forward- looking statements that involve risks and uncertainties concerning GTX Global's expected financial performance (as described without limitation in quotations from management in the press release), as well as GTX Global's strategic and operational plans. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
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