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  • Wayne Root's Law Suit

    Here is a copy of the press release
    Root would have a better chance of "suing the sun for failing to appear on a rainy day" than winning this absurd nonsensical case:

    Tuesday , September 26, 2006 12:10 ET

    LAS VEGAS, Sep 26, 2006 (BUSINESS WIRE) -- GWIN, Inc. (OCTBB:GWNI) announced today that four companies have been served with the Company's lawsuit claims for patent infringement. The claims and demands for infringement have been made against handicapping firm Don Best.com which is majority owned by Fun Technologies, recently purchased by Liberty Media. Other plaintiffs named include VegasInsider.com, VegasExperts.com and Sports Direct. GWIN may name additional plaintiffs in the future.

    Wayne Allyn Root, Chairman and CEO of GWIN stated "As the most well known, publicly traded handicapping company in the United States, we are obligated to protect our owned assets and obtain payment for our intellectual property rights for our shareholders. We believe our claims may result in damages in the millions of dollars, and we will actively pursue our legal rights to collect these claims for payment."

    About GWIN, Inc. - GWIN, Inc. is America's only publicly traded sports handicapping company. GWIN specializes in developing and marketing sports handicapping advice and information via television (The WinningEDGE (TM)), radio and the Internet (www.WinningEDGE.com) and (www.ewinners.com). The Company produces high-quality sports and gaming entertainment programming and sells advertising and sponsorship opportunities on their TV and radio properties, as well as marketing opportunities to an exclusive database of more than one million predominately male sports and gaming fans.

    All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While GWIN, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond GWIN, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in GWIN, Inc.'s filings with the Securities and Exchange Commission.

    SOURCE: GWIN, Inc.

    GWIN, Inc., Las Vegas




    « GWNI

  • #2
    If you think that's bad, check this out.

    Root's company, trading at 3 cents a share, is so close to bankruptcy that itis borrowing $650,000 at 18 PERCENT ANNUAL INTEREST!

    He'd be better off going to a payday loan store or borrowing from the mob.

    http://biz.yahoo.com/e/060926/gwni.ob8-k.html

    Comment


    • #3
      Originally posted by griswold
      If you think that's bad, check this out.

      Root's company, trading at 3 cents a share, is so close to bankruptcy that itis borrowing $650,000 at 18 PERCENT ANNUAL INTEREST!

      He'd be better off going to a payday loan store or borrowing from the mob.

      http://biz.yahoo.com/e/060926/gwni.ob8-k.html
      Why dont he put 650,000 on a winner??

      Comment


      • #4
        Originally posted by griswold
        If you think that's bad, check this out.

        Root's company, trading at 3 cents a share, is so close to bankruptcy that itis borrowing $650,000 at 18 PERCENT ANNUAL INTEREST!

        He'd be better off going to a payday loan store or borrowing from the mob.

        http://biz.yahoo.com/e/060926/gwni.ob8-k.html
        I follow GWIN(symbol gwni) very carefully and along with others have made sone choice comments about it on the various gambling and stock forums. I wasn't aware of the 18% interest.
        The stock and compamy in my opinion are headed for bankruptcy real fast.
        Last edited by savage1; 09-26-2006, 06:17 PM.

        Comment


        • #5
          Originally posted by spreadman
          Why dont he put 650,000 on a winner??

          Yeah, how come a guy who touts his "millionaire" club has to borrow 650-grand at juice loan rates???

          Comment


          • #6
            here's a guy, claims to be the best handicapper around, and he has to borrow 650K.......

            You do the math, use common sense, and you have to come out with----

            "If you're so damn good, just bet 100K on a game, roll it over, and go get your money with your games"......

            Just another proven reason that these guys are scammers, and don't really bet what they say.........

            give me a break----kapt


            Don't make me go Cajun on your Ass!

            Comment


            • #7
              And, he's backing out of his merger with fellow scammer Jim Feist!

              http://biz.yahoo.com/bw/060907/20060907005525.html?.v=1

              Comment


              • #8
                Originally posted by griswold
                And, he's backing out of his merger with fellow scammer Jim Feist!

                http://biz.yahoo.com/bw/060907/20060907005525.html?.v=1
                I heard it was Feist who backed out because he didn't want to be associated with this failing compnay and since Root was said to be under state and federal investigation for some of his illegal activities related to this company(Gwin).

                Comment


                • #9
                  offshoreinsiders.com = [ 216.39.58.163 ]
                  Domain Name.......... offshoreinsiders.com
                  Creation Date........ 2006-08-29
                  Registration Date.... 2006-08-29
                  Expiry Date.......... 2009-08-29
                  Organisation Name.... joseph duffy
                  Organisation Address. 3000 Old Alabama Road
                  Organisation Address.
                  Organisation Address. Alpharetta
                  Organisation Address. 30022
                  Organisation Address. GA
                  Organisation Address. UNITED STATES


                  770-667-2166 HERE IS THE REAL CROOK

                  Comment


                  • #10
                    Originally posted by tinman666
                    offshoreinsiders.com = [ 216.39.58.163 ]
                    Domain Name.......... offshoreinsiders.com
                    Creation Date........ 2006-08-29
                    Registration Date.... 2006-08-29
                    Expiry Date.......... 2009-08-29
                    Organisation Name.... joseph duffy
                    Organisation Address. 3000 Old Alabama Road
                    Organisation Address.
                    Organisation Address. Alpharetta
                    Organisation Address. 30022
                    Organisation Address. GA
                    Organisation Address. UNITED STATES


                    770-667-2166 HERE IS THE REAL CROOK
                    We will save the leader of the SCREAM team for another day-another laughable, conning spin artist.

                    Comment


                    • #11
                      Originally posted by savage1
                      We will save the leader of the SCREAM team for another day-another laughable, conning spin artist.
                      OK WILL DO NOW HE HAS ANOTHER COMPANY JUST TO LET YOU KNOW

                      Comment

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