To date, the Company has secured funding from prominent investment groups based on the Iviewit proprietary technologies. But much of the money, including funds of the federally backed Small Business Administration ("SBA") have been absconded with, along with what the funds were invested in, the patents.
Upon recent notification to the Inspector General Office of the SBA, that fraud upon the SBA may have occurred, similar to the fraud on the United States Patent & Trademark Office currently under investigation by the Commissioner of Patents, federal, state and international law enforcement agencies , it is impossible to assure investors of anything other than a belief in justice and retribution for the damages incurred.
So where is the Board of Directors, where are the patent lawyers, the corporate lawyers, the accountants and the management to explain to you what happened to your monies? This is a good question and we should start with the Board. Well shareholders, the board up and walked out when certain members were confronted with theft and misappropriation of corporate patents and other goodies. They forgot to notify shareholders or even send a thank you for your monies invested and all inapposite of the state of Delaware and Florida law. None of them will return my phone calls and have taken a position opposite the good will of the shareholders.
As for the lawyers, they run from court rooms using all kinds of legal debauchery to hide from the evidence and witnesses hoping, that shareholders will somehow forget. We will not. We want answers from these trusted advisors who hide in sin and abuse public office to shield themselves from horrific crimes that there is no escape from. Sooner or later shareholders will have there day in court. First, a conflict free court must be found. As for shareholder suits on the Directors and Officers, it appears that the policy taken out by our attorneys was on a non-existent company. Where AIG has turned the policy over to internal affairs and their fraud department, they have gone silent since. Where evidence has Brian Utley, former President, signing an application to change the policy after he was terminated from responsibilities with cause, steeped in fraudulent statements.
I guess after we see how justice addresses your rights as shareholders and what has happened we will know better what to tell you. As investigations are furthered the outcomes will be posted here.
Significant Iviewit investors include:
Ventures and the
Federally Backed Small Business Administration
A significant private investment fund, located in Palm Beach and Geneva. Crossbow's management includes the prior senior infrastructure of Merrill Lynch Ventures. CrossBow's industry focus corresponds to the tremendous growth that Internet-related companies are experiencing. Their well-balanced portfolio includes companies in technology, telecommunications, healthcare and environmental services sectors. Where two thirds of Crossbow's money came from the Federally Backed Small Business Administration.
/ Prolow II LLC
Tiedemann Trust Company is partially owned by and affiliated with Tiedemann Investment Group (TIG). TIG was founded over 20 years ago and has created and manages a number of different investment partnerships with eight different investment disciplines. TIG has enjoyed significant growth over the last 20 years, having started with $10 million dollars in capital and now managing over $1.3 billion. TIG has over 550 investors, approximately half of which reside outside the U.S.A. All of the partnerships managed by TIG are run on the hedge fund structure.
Initial seed funding was secured from Huizenga Holdings, controlled by H. Wayne Huizenga, a successful industrialist best known for starting Waste Management, Blockbuster Video, Auto Nation, Boca Resorts and as the owner of major sports teams such as the Miami Dolphins football team, the Florida Marlins baseball team and the Florida Panthers hockey team.
Other Seed Investors and Owners of the Patents Can Be Found In the Company History section.