SAN FRANCISCO - December 1, 2010 (Investorideas.com newswire) � YesDTC Holdings, Inc. (OTCBB:YESD), a direct-to-consumer marketer and global distributor of consumer goods and products, today announced it has retained expert Internet law attorney Erik S. Syverson to file lawsuits as necessary against various individuals who seek to unduly harm the Company and destroy shareholder value through the posting of unfounded defamatory content on the Internet. YesDTC plans to aggressively pursue cases against these individuals and to recover damages.
YesDTC has already retained an Internet private investigation firm that has performed considerable work to identify these individuals and the Company plans to use the full subpoena powers of the courts to gain the identities of any remaining individuals. The Company is then planning to file a series of lawsuits against all of these individuals where YesDTC and its CEO, Joseph Noel, will seek to recover damages.
"YesDTC's prospects moving forward are excellent and our revenue streams are growing very rapidly, especially after our recent acquisition of the rights to the WordSmart product line and infomercial," commented Joe Noel, CEO of YesDTC Holdings, Inc. "Unfortunately, with the anonymity afforded by today's technologies, including the internet and other cyber tools, some individuals seem to have a penchant for creating mischief, if not more devious motives. We will not tolerate any actions to spread misinformation, defamatory content and threats of bodily harm against our Company, shareholders or associates." Mr. Noel continued, "To this end, we are very pleased to have retained Mr. Syverson to represent us, as he is one of the most experienced attorneys in the field of Internet libel and slander and has a significant track record in recovering damages in cases very similar to ours." Mr. Noel concluded by noting, "We expect any legal proceedings against these individuals could be long and protracted and, as such, unfortunately very expensive for all parties involved. However, these expenses will not affect the growth plans or the operations of YesDTC, as I will personally bear all associated costs for legal actions against these individuals."
About YesDTC Holdings, Inc.
YesDTC Holdings, Inc. is a direct-to-consumer marketing company specializing in direct response television (DRTV), internet and retail marketing programs. The Company brings a unique set of skills to this market space. YesDTC combines both the creative talents and financial acumen needed to create a total package for direct-to-consumer marketing programs. Importantly, the Company also maintains a strategic partnership with Schulberg Media Works (SMW), a pioneering media production firm in the direct-to-consumer space with a highly acclaimed list of successful client campaigns and product infomercials. SMW's track record is impressive, with nearly $1.0 billion in revenues generated and a high profile list of industry awards and recognitions. Specifically, SMW campaigns include Tempur-Pedic, Guthy-Renker, Sony, 24-Hour Fitness, Rhino Records, HarperCollins and PureSleep, among many others. More information on YesDTC Holding can be found at www.yesdtc.com and additional information on Schulberg Media Works can be found at www.smw.tv.
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" that involve risks and uncertainties. These include statements about our expectations, plans, objectives, assumptions or future events. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.
Contact:
YesDTC Holdings, Inc
Christian Kirsebom
(925) 247-6666
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