Sunday, July 25, 2010
Of missing contracts, and multi million dollar repercussions
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Bumtion Network
That project was called The Face Book, an early incarnation of today's mega social networking site Facebook, and today Paul Ceglia is looking to inherit 50% of ownership rights to it because of this seemingly forgotten seven-year old contract. However, it seems that the integral piece of the case - the original copy of the contract itself - has yet to be submitted to court.
If you can still remember, in 2007 Microsoft valued Facebook at a whopping US$15 billion, which means that poor ol' Mark must probably be crapping his pants right now. As for Mr Ceglia, he must feel that his US$2000 was very, very well spent - that is, if he can actually find the contract in question and present it to the judge.
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