BRK, Inc. Wins $2,474,156.62 Judgment in Civil Case
HENDERSON, Nevada, Feb 28, 2019 /PRNewswire/ -- BRK, Inc. (OTC PINK: BRKK) is pleased to announce on February 25, 2019 the Company was awarded a $2,474,156.62 judgment against iSee Automation, Inc. for breach of contract with respect to the Company's intellectual property related to RefCam. Management views this decision as a major milestone for the Company's future now having precedence and judgments on its side.
Daniel Serruya, President & CEO of BRK, Inc. commented, "BRK, Inc. will use this decision and judgment to strengthen the Company's position to negotiate settlements from other entities currently infringing on our intellectual properties. We will take the initial approach to win a customer and recurring revenue rather than litigation, but if our efforts are unsuccessful the Company will vigorously defend its intellectual properties." Mr. Serruya added, "With the case behind us, the Company is positioning for significant growth by continuing its efforts to remove creditors from its balance sheet, developing new applications for its technology and gaining customer traction for future revenue generation, which will make for a compelling story for current and future investors."
About BRK, Inc.
BRK Inc. (OTC PINK: BRKK), established in 2008, is owner of the Helmet Camera intellectual property (patents-pending) that make the RefCam possible. With the acquisition of the live broadcast helmet camera patent, BRK is poised to enter sports marketing in a big way. iSee Sports Inc. is a wholly owned subsidiary of BRK, Inc.
The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are intended to be covered by the safe harbor provisions of the federal securities laws. Forward-looking statements often contain words such as "will," "anticipate," "believe," "plan," "estimate," "expect," "intend," "is targeting," "may," "should," ''poised,'' and other similar words or expressions. Forward-looking statements are made based upon management's current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those described in any of our other filings with the SEC. In addition, such statements could be affected by risks and uncertainties related to: (i) commercialization of our newly-acquired helmet camera, (ii) continuing development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, and (v) our ability to sell our products in order to generate revenues. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Any future public statements or disclosures modifying any of the forward-looking statements contained in or accompanying this news release, will be deemed to supersede such statements in this news release. Information on BRK Inc.'s website, http://www.brkincorporated.com does not constitute a part of this release.
Contact:
1.855.702.8275
shareholder@brkincorporated.com
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SOURCE BRK, Inc.
