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Websports Technologies Inc. V. Cryptologic Inc. No Time Left For Cryptologic, The Biggest Crooks In Online Gaming!
Time is fast running out for the Cryptologic crooks. They have very little time left to prepare a statement of defense as required by the Superior Court of Justice, Ontario. If Cryptologic fails to defend the proceeding, judgment will be given in their absence.
Bob Stikeman, the corrupt and crooked Cryptologic lawyer (officially Robert H. Stikeman) is not going to be much use. Chairman Dennis Wing, along with Lewis Rose, must be wondering what hit them. We have heard that the Plaintiff, Websports Technologies Inc, is determined to press its claim for almost $US 300 million, right through the courts.
Websports is completely fed up with the whole can of worms: collusion, conspiracy, deceit, sabotage, misrepresentation, inducing breach of contract, and intentional interference in its contractual relations and rightful economic interests.
What is certain is that similar tricks were played on innocent licensees. They were given all kinds of promises that were just hot air. Existing land-based licensees should think about getting out now by canceling their agreements or run the real risk of losing their licenses for operating tainted and illegal software.
If you're doing business with crooks, by far the safest exit method is immediate disentanglement. In the end, they always cost you money, and that's usually just the start of a long list of problems.
As for the players, the entire industry knows how they too have been made to suffer through dishonest and corrupt games that are rigged to the hilt.
Cryptologic made reckless representations and warranties to the Plaintiff that turned out to be worthless (just like their gaming software). The Plaintiff relied on Cryptologic to keep its side of the bargain. That was a forlorn hope because if you do a deal with "The Mafia of online gaming", you can only expect to be let down. This is just what happened.
Cryptologic asserted to the Plaintiff that their idea would almost certainly be a success, and that Cryptologic's involvement "would ensure that the Product and Game would be catapulted into the market and was assured of great and unparalleled success" and that the Plintiff "would be the leader in the Sports Gaming world for years to follow…"
Behind their back, Cryptologic conspired "to deprive, deny, misappropriate, deceive, conceal, manipulate and re-engineer test results which otherwise shed a very positive light on the Game and Product that the Plaintiff had developed in an effort to misappropriate the technology, the intellectual property, the investment already made by the Plaintiff and the toil of the Plaintiff and to avoid responsibilities and obligations incurred and agreed to by the Defendant…"
The Plaintiff also complained that Cryptologic had conducted itself "in a high handed, arrogant, ill spirited, vexatious and malevolent manner, with utter and complete disregard for the commitments and obligations it assumed to Websports both under the Agreement and otherwise…"
Because of its position in the industry Cryptologic thought it could "bully its contracting parties" to do what it wanted. The intention now is to send a message to the courts that Cryptologic must be told it cannot arbitrarily do what it likes, and that it must be made to pay for breaking its contractual obligations and for all other criminal acts and omissions.
Where a person or company relies on representations made to it in the course of business, and acts in good faith on those representations, the law of contract is strict. It will seek to restore the wronged party to the position it would have been in, had the person or company been able to rely on those representations. The court will award not just damages but also exemplary, punitive and aggravated damages.
We are pleased that our previous reports about Cryptologic were right all along. The company is no longer welcome in the gaming industry, and hasn't been welcome for at least four years. The con artists have kept this trick going long enough. The Mafia of online gaming must be jailed and their shares de-listed. It is a real scandal that the SEC and the Toronto stock exchange allow the Mafia of online gaming to openly defraud the poor investors when everyone else knows that Cryptologic is a huge scam and fraud operated by organized crime!.
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