Wayne Root's Law Suit - Sports handicapping Forum

savage1 · 09-26-2006, 02:55 PM

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

Lyle Langley · 09-26-2006, 07:54 PM

I totally agree, Savage. I don't understand why he would do this.

savage1 · 09-26-2006, 09:31 PM

Quote:

Originally Posted by Lyle Langley

I totally agree, Savage. I don't understand why he would do this.

Well the obvious thing is that he wants to create the perception that he is going through with this and will win in order for people to buy the stock and hence lift the price;the stock did go up today, but whether it was a deadcat bounce or not remains to be seen.

investolator · 09-27-2006, 07:36 AM

Is this lawsuit about his picks being posted on forums across the internet?
If so, The Big Game Hunter has tried in the past to sue anyone and everyone who dare post his sure fire picks on the world wide web. Every time it has made it to court the judge has ruled that W.A.R. does not have a patent on the use of sports teams names. Thus the lawsuit gets tossed just like the coin Root uses to predict the winner of games.
If anyone has additoinal info please post.

husker · 09-27-2006, 09:51 AM

i think he has tried this the past two years. he is just trying to scare people, consensus services, and sites like this. it worked with bc, they closed their service forum.

savage1 · 09-27-2006, 10:43 AM

Quote:

Originally Posted by husker

i think he has tried this the past two years. he is just trying to scare people, consensus services, and sites like this. it worked with bc, they closed their service forum.

Of course it is a scare tactic;there is no way in hell one can bring suit over an activity, gambling,(giving out picks which are actually nothing more than the name of teams)when the former itself is ILLEGAL in 49 states.
If I ran a forum and gave out his miserable picks, and he threatened me, I would tell him to go fu k himself and dare him to try to take me to court.
I would also threatend him with a counter suit for lying about his record and deceptive advertising on his website and tv shows.

Lyle Langley · 09-28-2006, 11:33 AM

Quote:

Originally Posted by savage1

Of course it is a scare tactic;there is no way in hell one can bring suit over an activity, gambling,(giving out picks which are actually nothing more than the name of teams)when the former itself is ILLEGAL in 49 states.
If I ran a forum and gave out his miserable picks, and he threatened me, I would tell him to go fu k himself and dare him to try to take me to court.
I would also threatend him with a counter suit for lying about his record and deceptive advertising on his website and tv shows.

Savage,

FYI, you have to be able to show damages to win a lawsuit as you suggest against Root. Unless you have been purchasing his picks and can show documented losses, then you will not be suing anyone.

LL

Lyle Langley · 09-28-2006, 11:36 AM

Guys,

Roots lawsuits are not against forums or people posting on forums. Did nobody read the first post in this thread (including the person who posted it)???

He is suing four companies who sell picks on the Internet for patent infringement.

bookie buster · 09-28-2006, 03:26 PM

Quote:

Originally Posted by investolator

Is this lawsuit about his picks being posted on forums across the internet?
If so, The Big Game Hunter has tried in the past to sue anyone and everyone who dare post his sure fire picks on the world wide web. Every time it has made it to court the judge has ruled that W.A.R. does not have a patent on the use of sports teams names. Thus the lawsuit gets tossed just like the coin Root uses to predict the winner of games.
If anyone has additoinal info please post.

"Sure fire picks"

By far the funniest thing I have ever read

Thanks for the laugh

savage1 · 09-28-2006, 04:37 PM

Quote:

Originally Posted by Lyle Langley

Guys,

Roots lawsuits are not against forums or people posting on forums. Did nobody read the first post in this thread (including the person who posted it)???

He is suing four companies who sell picks on the Internet for patent infringement.

Patent infringement on selling picks is exactly what I am confused about.

Lyle Langley · 09-28-2006, 05:41 PM

Savage,
I believe I am correct that Root is saying he has a patent for selling picks on the Internet. He is going after larger outfits, I assume in the hopes they will settle without going to court.

I haven't followed it that closely, but in talking with guys in the industry, that is what they have said.

LL

savage1 · 09-28-2006, 06:06 PM

Quote:

Originally Posted by Lyle Langley

Savage,
I believe I am correct that Root is saying he has a patent for selling picks on the Internet. He is going after larger outfits, I assume in the hopes they will settle without going to court.

I haven't followed it that closely, but in talking with guys in the industry, that is what they have said.

LL

Perhaps I misunderstood. I thought suit had to do with cappers using his "patented" system for selecting his picks wothout his permission, which would be ludicrous.

09-26-2006, 02:55 PM	#1 (permalink)
savage1 Degenerate Join Date: Sep 2005 Posts: 6,351	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

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

09-26-2006, 07:54 PM	#2 (permalink)
Lyle Langley Wise Guy Join Date: Nov 2005 Posts: 304	I totally agree, Savage. I don't understand why he would do this.

09-27-2006, 07:36 AM	#4 (permalink)
investolator Rookie Join Date: Oct 2005 Posts: 36	Is this lawsuit about his picks being posted on forums across the internet? If so, The Big Game Hunter has tried in the past to sue anyone and everyone who dare post his sure fire picks on the world wide web. Every time it has made it to court the judge has ruled that W.A.R. does not have a patent on the use of sports teams names. Thus the lawsuit gets tossed just like the coin Root uses to predict the winner of games. If anyone has additoinal info please post.

09-27-2006, 09:51 AM	#5 (permalink)
husker Degenerate Join Date: Sep 2005 Posts: 5,298	i think he has tried this the past two years. he is just trying to scare people, consensus services, and sites like this. it worked with bc, they closed their service forum.

09-28-2006, 11:36 AM	#8 (permalink)
Lyle Langley Wise Guy Join Date: Nov 2005 Posts: 304	Guys, Roots lawsuits are not against forums or people posting on forums. Did nobody read the first post in this thread (including the person who posted it)??? He is suing four companies who sell picks on the Internet for patent infringement.

09-28-2006, 05:41 PM	#11 (permalink)
Lyle Langley Wise Guy Join Date: Nov 2005 Posts: 304	Savage, I believe I am correct that Root is saying he has a patent for selling picks on the Internet. He is going after larger outfits, I assume in the hopes they will settle without going to court. I haven't followed it that closely, but in talking with guys in the industry, that is what they have said. LL