Interactive Gaming & Communications Corp. (IGC) is proceeding into the damages and financial restitution phase of its injunction and lawsuit against Total Entertainment, Ltd. in May.
The temporary injunction, granted by the Superior Court, District of Montreal on May 4, 1999, was against Total Entertainment and its subsidiaries, InterCapital Global Fund Ltd. T/A The Online Casino, InterCapital Canada Ltd., Alex Kennedy, Sandy Masselli and Steven F. Savage. IGC accused the defendants of copyright infringements including unauthorized use and possession of IGC's "LiveAction Gaming PlatformTM," source code and corporate documents.
"Our gaming software is our company's most valuable asset and has cost us in excess of $2 million in research and development," said Michael F. Simone, president of IGC. "We do not intend to let these products fall into the hands of individuals who wish to capitalize on our technology, hard work, knowledge and success. We further intend to seek full restitution and prosecution under all available civil and copyright laws from individuals attempting to do so."
IGC, based in the Philadelphia area, has reported the actions of the defendants to both the FBI and local law enforcement agencies and has provided records and information for their investigation into
possible criminal acts.
Meanwhile, Total Entertainment has motioned to dismiss the suit. "Interactive Gaming & Communications Corp.'s temporary injunction against Total Entertainment - Case No.500-05-050023-991 dated May 4, 1999 and May 13, 1999 expired on May 25, 1999, by order of the Superior Court-District of Montreal," said Sandy J. Masselli, chairman and CEO of Total Entertainment, Inc. "…the court ruled in favor of Total Entertainment's motion for Interactive Gaming & Communications to post court costs of $4,000 by August 5, 1999 or this action would be dismissed. As of today, August 6, 1999, Interactive Gaming & Communications Corp. has failed to comply with the court's order. Total Entertainment Inc's motion to dismiss this lawsuit in its entirety will be heard on or before August 11, 1999.'
In a related news, IGC's subsidiary, Century Industries, Inc., announced that it has sold Scibal Associates Inc. for $1.8 million in order to further the development of its ToteMasterTM horse racing wagering program.
The total consideration received was $600,000 in cash, $1.2 in periodic payments covered by a promissory note and guaranty in addition to the return of 760,000 Class A shares of Century Industries, warrants for the purchase of 50,000 Class A shares, and warrants to purchase 727,273 Class B shares.