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CONSUMER PROTECTION NOTICE

JULY 2010

On July 4th 2010 a company who calls itself WECOSIGN-USA, and COSIGN-USA constructed web sites advertising, trading, and diluting the registered trademark name of WECOSIGN . WECOSIGNUSA , COSIGNUSA and COSIGNERSUSA further allege that they cosign for credit deficient individuals, from apartments, to automobiles. Additionally, wecosignusa, cosignusa and cosignersusa have advertised on their web sites that they are part of, and backed by a national network of financial companies to include names such as IFG Direct LLC and other entities. The individuals behind this scheme, have also implied at times that their organization is part of WECOSIGN Inc, located in Santa Ana, Ca. This is a false statement.

Consumers should proceed with caution when dealing with wecosignusa, cosignusa and cosignersusa. They are not and have not been affiliated in any way with WECOSIGN Inc. located in Santa Ana, Ca. All such statements and representations, by WECOSIGNUSA, COSIGNUSA, COSIGNERSUSA and IFG Direct, are being investigated by the appropriate agencies in California.

WECOSIGN, Inc. Uncovers Evidence Linking Named Defendants to False On-Line Postings

WECOSIGN, Inc. ("WECOSIGN"):www.wecosign.com) announced today that it has uncovered evidence linking the defendants in WECOSIGN's lawsuit to several false statements made online. The statements appear to have been made under an alias, "Jim Brown," that is owned and operated by one or more of the defendants. In those statements, "Jim Brown" falsely alleges that WECOSIGN engaged in unfair, discriminatory trade practices and that the company transmitted a highly offensive email,along with refusing to return an application fee. The false alegations also appeared with the BETTER BUSINESS BUREAU NUMBERING (5) Complaints, along with an entity called the BUSINESS REPORTER (a foreign entity) Both the Better Business Bureau, and the Business Reporter have failed and REFUSED TO REMOVE "THE FALSE complaints"in spite of several legal request.


The statements first appeared in August, immediately after WECOSIGN filed its complaint in federal court for trademark infringement,unfair competition,cybersquatting, and violations of the Racketeer Influenced and Corrupt Organizations Act ("RICO"). "As soon as we discovered these postings, we immediately commenced an internal investigation to determine whether the claims had even an ounce of truth," said Carlos Padilla, WECOSIGN's CTO. "As we suspected, we quickly determined that they were absolutely false. In fact, we have never received an application from a person named 'Jim Brown.' Furthermore, WECOSIGN's policy and practice are to refund application fees paid by applicants who do not meet WECOSIGN's service requirements," Padilla stated.


After WECOSIGN confirmed that the statements were false, the company immediately took steps to identify the culprits responsible for publishing them on the Internet. Ultimately, WECOSIGN's efforts led to the discovery of evidence that links the defendants in the federal lawsuit with the false "Jim Brown" postings. "We asked for and received permission from the federal court to take expedited discovery, which allowed us to identify the persons responsible for these untrue statements." Padilla continued, "We were able to link the individuals behind the postings with the defendants in our federal case. Business Reports have refused to take the postings dowm even though they are false This evidence confirms our belief that these postings were not made by any legitimate customers, but instead constitute an outrageous attempt to injure WECOSIGN's reputation in the marketplace. This evidence vindicates WECOSIGN's stellar reputation, and we remain steadfast in our determination to obtain all of the remedies to which we are entitled in our federal lawsuit." SOURCE WECOSIGN Inc.

More information will be posted as it becomes available.




SOURCE WECOSIGN Inc.



For more info, please email info@wecosign.com


   
 
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