Amazing Technologies Corp purchased software intellectual property from our Australian company for payment in shares and royalties. After taking possession, declaring the shares issued, advertising acquisition in the global press, claiming ownership publicly, and using our expert technical knowledge for 5 months (until it acquired ALL of our trade secrets), it simply canceled the issued shares, refused all payment, but continued to claim ownership of the software intellectual property. This cancellation was followed by an unbelievable barrage of blatant and provable lies that evidence thorougly dihonest practices in all aspects of Amazing's business - lying to the public, investors, shareholders, business partners, etc. Amazing Tecnologies appears to be run by people who have absolutely no respect for truth, justice, or ethics.
In an attempt to force us to be silent about its theft of a multi-million dollar IP asset and our livelihood, breach of copyright, and serious interference with our business, Amazing launched a provably dishonest law suit in the California courts (which it knew had no proper jurisdiction) openly stating malicious intent and demanding we withdraw all complaint and objection in order to get them to drop the suit. Their unverified claim is the most incredible litany of blatant lies imaginable, and was openly stated to be malicious.
Every request for discussion, aribtration or other alternate dispute resolution process, or contest in the Australian courts (which have proper jurisdiction in the matter) was aggressively rejected with boasts about Amazing's financial superiority and statements that its revenues were the sole determinant of rights. This company has no respect for truth or law.
Amazing's chairman also responded to complaints from a shareholder who was misled into buying shares by telling him he was a "moron" and the company was not regulated by the SEC.
The extent of the dishonesty of this company is truly "AMAZING"! Anyone tempted to do business is invited to contact inteRAD Technology Global Ltd.in Australia and request copies of documentary evidence of Amazing's conduct.
Americans with pride and integrity should be thoroughly appalled at the damage this company is doing to the reputation of Americans abroad. While the US Government boasts "serious concern" for the protection of intellectual property rights, this US Corporation not only claims the right to steal IP and the livelihood of honest people, but then lies to the courts - proudly boasting that its revenues dictate its rights and the law is irrelevant, and that it is not obligated to comply with any regulation or law.
And the Chairman thinks it is amusing to insult and abuse both shareholders and business partners whom his company has knowingly defrauded! His emails read as though written by an immature schoolyard bully - not an officer of a public company. Anyone who has dealings with Amazing should distance themselves immediately.in mails to to a foreign public company that Amazing defrauded of millions, its Chairman calls the CEO "stupid", "delusional", "foolhardy", and "self-destructive". Why? Because that CEO dared to suggest that Amazing should act responsibly, ethically, and in accordance with law - and if its officers thought that they were acting within legal rights, they would consent to proper independent determination, not misuse the US courts to commit extortion!
We continue to invite appopriate response to our request for honest and proper resolution, but Amazing would never want that because it would expose their unconscionable lies and disgraceful abuse of the law.
Lorraine
Yeronga Qld
Australia
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