XUMANII (OTCQB: XUII) Imminent Investor Class Action Lawsuit against George Sharp
On May 20th 2013 the CEO and largest shareholder of Xumanii Inc Alexandre Frigon announced the retention of the LKP Global Law LLP ("LKP Global") in connection with a proposed class action lawsuit (the "Class Action") to be imminently filed against Mr George Sharp. This action being taken due to what the company feels is an unwarranted attack and intentional negative PR campaign created by Mr Sharp with the intent of damaging the image of Xumanii.
Xumanii™ (“XUII” or the “Company”) is an all-inclusive online platform that provides users the opportunity to create a “Live Broadcast” in true High Definition. Xumanii’sTM new, patent pending technology integrates proprietary hardware and software wirelessly, streaming live feeds from multiple cameras in High Definition Audio/Visual with capabilities of up to 10 megabites per seconds. This technology integrated Hardware and Software allows for the highest quality “live broadcast” without the exorbitant expenditure of traditional methods currently used in the marketplace via the respective Artist’s Channel on Xumanii.com. The Company’s technology can also be provided to each Artist allowing them to broadcast any event in which they feel that they would like their fans to be a part of.
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
XUII Investor Relations