CleanTech’s Amended Complaint in the SDNY action alleged that “ICM has sold products to Lifeline Foods and one or more of the Defendants DOES 1-30 inclusive that contributory infringe one or more of the claims of the ‘858 patent. ICM has also actively induced Lifeline Foods and one or more of the Defendants DOES 1-30 inclusive to infringe one or more of the claims of the ‘858 patent.” HERE p.56
I believe Lifeline Foods was dropped from the litigation by GreenShift some time ago, although I am still trying to find that reference. Will post it here when I do.
SkunK leaves the facts behind . . . and talks very, very quietly to himself . . .
Lifeline foods was built by ICM and they own 49% of the company. Any CEO of Lifeline Foods would be aware of the corporate culture at ICM concerning patents. Since Lifeline was a defendant in the COES litigation at one time, a former CEO would be very aware of ICM's (and ICM's founder's) attitude towards the possible infringement of the GreenShift's COE's patents. Bert Farrish's resume is obviously impressive and can stand on its own. He will be a tremendous asset to GreenShift. However, his ability to provide insight to the GreenShift legal team and maybe even testimony when this gets to trial cannot be overlooked. Personal liability and treble damages both involve "intent" - if I remember correctly. Who better to provide the "intent" of ICM and its founder and some of the defendants - than a former member of their inner circle?
SkunK
The defendants can settle at any time right? It's just that by not coming to settlement agreements the case goes on until a final verdict is given in which the court will determine the fate of the parties. I think settlement demands were supposed to have been issued by GreenShift to the defendants last November.
ReplyDeleteThey were not to be recorded by the court and not available to the public.
Perhaps ICM and LifeLine Foods has settled and Lifeline is now Greenshift's Feed and Industrial Products Division. It's not like ICM can afford to pay in cash.
ReplyDeleteJust my wishful thinking.
Where is the SEC form 8K required to be filed within four days of change in executive management?
ReplyDeleteSo GreenShift hired an Icm insider? Is that why Lifeline settled?
ReplyDeleteGreat speculation BillV. Ed Carroll is President, so this Feed and Industrial Product's Division must not be for the COES. Must be DDS and Protien Recovery?
ReplyDeleteBy hiring Bert it seems like he's needed to run something big, yet GreenShift's DDS and Protien Recovery technologies are are at bench and pilot stages. Is he taking it up from bench and pilot stages or will they acquire something?
ReplyDeleteIf ICM does settle or the court makes them settle they will surrender asset's to GreenShift.
ReplyDelete