ON2 smartest and toughest investment I ever made!!!
China stealing ON2 SW in 2003/2004 and Google STEALING it for "good" is a LIVING proof of it!!!!
And, because there's NO JUSTICE to protect my investment in ON2, or ON2's retail investors, does NOT mean that was a mistake. I learned a LOT and I saw how BIG players hire bashers and penny pickers on the message boards and MEDIA to distort facts about small companies like ON2 to STEAL these companies CHEAP or destroy them if possible.
-----Although E-World included VP6 to its EVD standardization proposal to the Chinese government, it is not clear what, if any, action was then taken by the [Chinese] government.
VP6 From Wikipedia, the free encyclopedia
In November 2003, On2 announced that VP6 had been chosen as a codec for China's Enhanced Versatile Disc (EVD), a competitor format to DVD. Beijing-based company E-World was to be the exclusive reseller of the EVD VP6 technology in China, with On2 Technologies earning royalty payments of about $2 USD per player. Then in April 2004 On2 announced that negotiations with E-World had broken down and that On2 would file multiple breach of contract claims against E-World in arbitration proceedings. In March 2005, On2 announced that the arbitrator had dismissed all of On2's claims and had decided that E-World owed nothing to On2. Although E-World included VP6 to its EVD standardization proposal to the Chinese government, it is not clear what, if any, action was then taken by the government. The EVD format initiative appears to be indefinitely stalled.
This page was last modified on 11 July 2009 at 02:04.