Thread: GreenZap lashes back through the court!!!

Greenzap has now got itself firmly set to sue those that had been seen and noted, as trouble and slanderous makers from around the world.... and all hell is soon about to break loose!!!

I look forward to its marketing strategy and return to where it originally belong and to serve what we once were led to trust, their incredible formula it holds and STILL HAS to offer for all existing account holders...YOU...the Grazzhoppers as I then regard as...the wise zappers that signed up and saw the special service GreenZap has to offer and can certainly provide!!!

See below the extract I found for loyal members of GreenZap.

YB -

GreenZap Files $57.5 Million Lawsuit Against Bloggers and Website Hosting Company

Press Release Source: GreenZap, Inc.


GreenZap Files $57.5 Million Lawsuit Against Bloggers and Website Hosting Company


SAN DIEGO--(BUSINESS WIRE)--GreenZap®, Inc. (Pink Sheets: GZPN - News; the "Company"), an online payment provider, has filed a lawsuit against website-hosting-company Liquid Web, Inc. and Vodien, Inc. for a total of $57.5 million. The suit is the first of many GreenZap is preparing against individual bloggers and hosting companies that maintain websites where defamatory comments are being posted concerning GreenZap and its executives.

According to GreenZap Vice President Linda Murphy, attempts made by GreenZap to communicate with the bloggers were met with malicious attacks. GreenZap's counsel sent several letters to Liquid Web, Inc. requesting it voluntarily shut down one of its hosted websites due to its harmful and libelous content, but to no avail. The registered owners of the website, Vodien, Inc., have a Singapore address and have ignored GreenZap in spite of the company's attempts. In addition to the hosting company, GreenZap has been able to identify several individual bloggers responsible for many of the postings and intends to add them to the action.

According to GreenZap CEO Damon Westmoreland, "The websites are nothing more than an online soap opera. There is advertising on these sites and the owners are getting paid based on the traffic they receive. Our company grew quickly over the last year, acquiring over 750,000 users mostly in the direct sales market, which presented an opportunity for these cyber-offenders to ride our coat tails and make a buck by defaming our company."

Ms. Murphy said the blogs have been damaging to the Company's growth creating an ongoing cloud of mistrust that it is forced to address on a daily basis with its customers and strategic partners alike.

While the laws surrounding Internet user responsibility is still unclear, GreenZap is not the first party to commence an action against a hosting site. In October 2006, a Florida jury awarded one Sue Scheff $11.3 million in an Internet defamation lawsuit. The article revealed that Scheff filed a lawsuit after a blogger called her a "crook," "con artist" and a "fraud" on an Internet message board.

"With this type of precedent, recognizing the harm done to Internet businesses by these false blogs, we believe we can prevail and put a stop to the baseless st



atements and claims surrounding our organization," said Mr. Westmoreland.

About GreenZap, Inc.

GreenZap, Inc., a San Diego, California based company, enables any business or individual with an email address to send and receive money securely and cost-effectively online. GreenZap's system resembles PayPal® (eBay's payment processor), which reports over 100 million users and a 2005 total dollar volume of payments of $27.5 billion. GreenZap differentiates itself by charging flat-rate fees versus a percentage of each transaction, and rewards its customers for using GreenZap's services. Since opening June 1, 2005, GreenZap has grown to over 760,000 users. In October 2006, the company expanded its services to include a classifieds section called ZapExchange.

For more information, please visit Instant Payment Solution: GreenZap - The Future of Money..

Forward-Looking Statements

Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements.

I think it is a good omen and indication that steps are taken to prosecute those that went unabated to slander what was unfounded nor groundless with baseless overdrive hype and allegations through those Bloggs.

For many of you, who still holds a GreenZap account....esp. a Goldzapper... and living outside the USA, it is better and wiser to follow up with the required verification that is inevitable...in compliance to the recognition GZ has to meet with US legislations.

This re-verification would mainly apply to your personal details, yr recent utility bill, yr bank's recent copy displaying your acct #, address and name, plus another from either a passport or Driving licence. Should yr CC validity be expired, update that too.

This is esp. essential when you see the true benefits served which will soon be available, with the Debit Card and the wide ranging accessibility GreenZap will soon add and offer to many more members!

YB -

I just haven't gotten here to post that. I appreciate it. This is one piece of awsome News. I even sent Damon a email congradulating them on this exercise. About Dam Time. Link Below.

GreenZap Files $57.5 Million Lawsuit Against Bloggers and Website Hosting Company: Financial News - Yahoo! Finance

I had a mail too with Linda Murphy...she's a cool lady... will be great to meet such a lady!

Just to help any of you that is sitting back and watching developments so far since you stopped "hopping" about with past controversies...

I'm reviving my account and think that now is the moment to saddle up and kick the spurs and exploit the good vibrations coming along GREENZAP's path to recovery!!!

Here is the following exchange that concerns my account... if you feel you should reconsider, DO IT and its your account too that deserves a comeback to be fully utilized and serving you well...perhaps get your referral link back to some income too...

Dear VIPZappa,



Thank you for contacting us.



Your GreenZap account is currently activated. Your personnel URL link has just been revised and amended.

Non US members must and will need to send us the required documents for identity verification.


Your GreenZap Stored Value Debit Card is on order. GreenZap is in the process of solidifying a bank supplier relationship that will give our members the greatest flexibility and protection when using their debit card. We will notify you as soon as your card has been shipped.



As a Gold account holder your transaction fees for sending and receiving money are 50% less compared to the Green account. You also receive double discounts when shopping in the GreenZap Storez, and have the opportunity to earn WebCash and cash rewards when telling others about GreenZap.



While your debit card is on order, you may withdraw money via direct bank transfer or by check.

We can assure you that GreenZap takes great pride in providing an outstanding service to our members, and we look forward to exceeding your highest expectations. If you have any future questions, please feel free to click on the 'Help' link located in the upper, right-hand corner of our website to review the latest FAQs or email us at: [email protected]



Sincerely,


GZ Customer Care

There are turbulent times evolving GreenZap. It appears that GZ has not heard the last of Texas to start off into another path of cotroversy that may end quite discouragingly for the operations within the USA hosted by Damon Westmoreland and GreenZap.

I have been updated by a keen member continueing carefull observations on the trails of GZ's venture since the early days and the latest information quoted to me is as follows:

February 21, 2007

On January 30, 2007, Texas Banking Commissioner Randall S. James issued a Cease and Desist Order against GreenZap, Inc., La Jolla, California. The Order directs GreenZap to cease and desist from conducting the business of currency transmission in Texas. The company is based in California and offers currency transmission services via the Internet to Texas residents, but has no physical locations in Texas. GreenZap is not licensed in Texas to engage in this type of business activity as required by Chapter 151 of the Texas Finance Code. The Order became final on February 20, 2007.

Since they have not been able to obtain a license to operate as a money transfer agent or money processor I suspect more of these will be forthcoming.



I am perplexed myself and these recent developments and one can expect more turbulence to hop onto the media, we will just have to wait and watch inthe meantime.


YB. -

After a long time with nothing from Greenzap, I received an update email from them on the 11th. In it, they offer a link to their 1Q 2007 report in *.pdf format. There is no mention of the Texas situation, but they seem to be getting back on target. Here is the link to the report: http://www.greenzap.com/newz/Company_Report_Q1_2007.pdf

Regards,

Thelema

Has Greenzap recovered yet? Anyone making money?

Originally Posted by The Mighty One

Has Greenzap recovered yet? Anyone making money?

I believe, it is heading in a 1-way direction...Down the gutters!! It won't make any recovery...not after trying to zap (steal) money from members bank accounts!!! It will be facing more courts and cases from States on the hunt (with writs) after the operators of GZ.

I was able to log in Greenzap account this morning. I printed out my account info just in case ... you never know.