Jeremy Zawodny pointed out the perils of displaying a news feed and live stock chart on a company’s homepage. Looks great when everything is going up-up-and-up, but when the NYSE suspends trading of the company’s securities and the stock price plummets, watch out below! I’ve been working on New Century Financial Corp. contracts recently. They filed a lot of contracts. This is a work-in-progress and I’ll be adding to their list in the next few days.
Last year, Representative Steny Hoyer apologized “for saying an African-American Senate candidate ‘slavishly‘ supported the Republican Party. Representative Hoyer asserted that no offense was intended. Today, Baccini SpA used the same word to describe our website.
Treviso, 20th March 2007
Re: Business Contracts from U.S. Securities and Exchange Commission Filings
We are writing to you with reference to the publication on your website, www.onecle.com, of the full text of a commercial contract dated 28 November 2006 made by and between Baccini SpA, an Italian company based in Treviso (Italy) and JA Solar Technology Co., Ltd, a Chinese company based in Shanghai (China).
We are surprised and seriously concerned that the publication of the above contract, with all details and particulars, may prejudice our rights and commercial interests. Obviously, we are aware of the U.S. Securities and Exchange Commission (SEC)’s mission, focused namely on protecting investors and maintaining fair and transparent securities market, but we are at the same time worried that a large and uncontrolled disclosure to the general public of detailed SEC’s filings by your company may not be precisely in line with those objectives and likewise negatively interfere with our business.
In view of the above, we firmly demand that Onecle Inc. accurately takes into consideration Baccini SpA’s legitimate concern that the slavish reproduction of its business contract dated 28 November 2006 on the www.onecle.com website without any authorisation is only causing detriment to our company, inasmuch as SEC’s mission as above described has been already achieved by the full disclosure of the said contract by our Chinese commercial partner, JA Solar Technology Co, Ltd to the U.S. Commission.
Without prejudice to features of a possible copyrights’ infringement, we then invite you to remove, or cause the removal, from your www.onecle.com site any reference to the contract currently in force between Baccini SpA and JA Solar Technology Co., Ltd, and remain available to discuss with you any reasonably alternative solution which may equally contribute to preserve and protect Baccini SpA’s interest and rights.
We look forward to hearing from you.
Mr. Andrea Baccini
We won’t be holding our breath waiting for Baccini SpA to apologize for their unintended slight. As for the “large and uncontrolled disclosure to the general public of detailed SEC’s filings,” believe me, we only wish that were true.
If we only pulled in as much traffic as the website for the U.S. Securities and Exchange Commission, we’ll be dancing in the streets.
sharesleuth.com: UTEK Update. The top company in UTEK Corp.’s securities portfolio has encountered a series of setbacks in its attempt to commercialize a powder-coating technology for kitchen cabinets, bathroom vanities and other wood products.
UTEK Corp. contracts have been posted. You will find some alliance and license agreements with various educational institutions.