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Thread: who else is into stocks??

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  1. #1
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    INRA:

    INRA > .235, WINS Settlement With ABB, NOT PR'd Yet!

    Innova (OTCBB: INRA) subsidiary RWT wins trade secrets settlement against ABB...Summary:

    => A Motion to Approve Settlement and proposed Stipulated Order of Dismissal jointly filed by INRA and ABB late afternoon on 02-26-07 in the case (YESTERDAY!) (2:04-cv-00611-TAW-SPC Robotic Workspace Technologies, Inc. (INRA subsidiary) v. ABB, Inc. et al) http://www.flmd.uscourts.gov/

    => Judge approved the motion this afternoon 2/27/07, and settlement is rumored to be in the 8 figures (more than INRA's entire market cap).

    => INRA has not PRed the settlement (yet) -- it was uncovered by INRA shareholders on the PACER court docket system after-hours on 02/26/07.

    => INRA brought the trade secrets lawsuit against ABB in late 2004, each side fought a nasty battle for over two years. It was rumored that during mediation ABB offered INRA $10Mil to settle and it was flatly rejected.

    => ABB's expert later made what many believe was a �smoking gun� admission in a deposition that ABB did not have the combined technology in dispute until after an April 2002 meeting where an acquisition by ABB had been discussed

    => A year later ABB coincidentally had a rival product that apparently had much of the INRA technology that was demonstrated to ABB execs during that April 2002 meeting.

    => INRA's Feb. 20, 2007 Trial Brief stated:
    "At trial, the evidence will show that the likelihood of two entities independently creating and using the nine technical trade secrets is over 500,000 to 1 or less than 1/200th of 1%. RWT (INRA) created the unique combination of trade secrets and ABB took and used them."

    How much is this technology worth?

    According to INRA's Trial Brief: ABB's profits for just this one rival product (IRC5) through May 2006 soared to $58 million and are projected to reach $78 million by March 2007. Under the law, if those profits were obtained through misappropriation, they must be forfeited or, at a minimum, a reasonable royalty paid to RWT for their use. Fla. Stat. 688.004.

  2. #2
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    USSE:

    U.S. Sustainable to Receive Nine Hundred Million Common Shares of ONYI as Consid
    ration for Exclusive Distribution Rights Granted



    CHICAGO, IL -- (MARKET WIRE) -- 02/28/07 -- United Ethanol Group, Inc. (OTCBB:
    NYI) has
    signed a definitive agreement with U.S. Sustainable Energy Corp.
    (PINKSHEETS: USSE), allowing for the formal creation of a new partnership
    to integrate technology processes for market entrance into the lucrative
    automotive and transportation fuel sectors.



    The exclusive license allows United Ethanol Group and subsidiary
    Diversified Ethanol to maximize the value of future ethanol production, by
    utilizing the USSEC technologies and biofuel processes within the company's
    own proprietary manufacturing methods. Together the partnership is able to
    significantly reduce the costs traditionally associated with ethanol
    production, providing the group with significant competitive advantages for
    manufacturing contracts and turnkey production facilities.

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