(1888PressRelease)
September 14, 2008 - UBZ2.COM LLC weighs its options as to suspected intellectual property theft by Russian Finance Company, Volk Finance Group, its officers and the government of the Russian Federation for their tacit approval. UBZ2.COM LLC signed on the 10th of March 2008 a low Interest technology loan for $125,000,000. UBZ2 a Global Sports Social Network has a variety of functions yet unseen in Social Networking and uses a proprietary revenue generation system. Social Network UBZ2.COM business model is different from all others in the marketplace. Fox Media Lab of Massachusetts, USA and a small group of US investors own UBZ2.COM LLC.
UBZ2.COM contends technology theft by the Russians and warns all that come in contact with Russian Funding Groups beware. Additionally UBZ2.COM had discussed an exclusive Master Russian Language Franchise with VOLK Finance Group, further complicating the theft assertion. The Russian Embassy in Washington D.C. reviewed the Technology Loan’s agreement contents, apostils, and seals, The RF consulates in New York and San Francisco also received copies. Vadim V. Saveliev, Trade and Legal Advisor for the RF Embassy in Washington not only validated, they recommended working with Moscow based Volk Finance Group.
After months of trying to close the agreement signed shortly after then Presidents Putin and Bush met in Sochi, the RF Embassy in Washington states through Legal Advisor Evgeny Egorov they “did not have any relation to your (UBZ2) loan agreement with Russian Company Volk Finance Group Inc,” while UBZ2.COM LLC has contrary correspondence. The RF Embassy official then further disassociates the RF from their original actions by stating “Please don’t apply to us on this matter”. “This is outright theft of our technologies and methodologies,” says Joe Fox, principal of UBZ2.COM LLC and a recognized forefather of the Internet. The Volk/UBZ2 agreement represented what President Bush and Putin referred to as “technology exchange” in Sochi earlier this year says Fox.
Mr. Egorov of the RF Embassy first recommended UBZ2.COM LLC to the Russian Law Firm Klishen & Partners. “Now they don’t want anything to do with us, we simply can’t stand by while America’s cutting edge technology is pilfered,” says Fox. UBZ2.COM has appealed for fair play and intellectual property protections to Russian Federation Senator Mikhail V. Marelov, RF American Embassy and Consulates, RF Federal Agency for Physical Culture and Sport Minister Viacheslav Fetisov and directly to RF President Medvedev through the Kremlin.
UBZ2.COM Global Sports Social Network promotes peace through the brotherhood of sports, while making money. UBZ2.COM’s action is the result of a nine month international saga that has included disclosures to numerous governmental and NGOs across four continents. Patriot Act requirements may have had a hand in the fund’s demise. UBZ2.COM LLC contends that Volk Finance Group’s Managing Director Igor Yakovlev; also principal owner of Eurasia’s largest consumer electronics chain may behind the alledged intellectual property theft.
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