Knightscove Media Corp.

Knightscove Media Corp.

September 24, 2010 16:21 ET

Knightscove Views Claim Filed by Stuart and Rosen as a Nuisance Claim Without Merit

TORONTO, ONTARIO--(Marketwire - Sept. 24, 2010) - Mr. Bill Stuart of Ocean Point Advisors ("OPA") has filed a press release in which they describe a lawsuit they have filed against Knightscove Media Corp. (TSX VENTURE:KC.A)(TSX VENTURE:KC.B) ("Knightscove"). Knightscove views this as a baseless nuisance lawsuit.

Mr. Stuart and Mr. Rosen, both as individuals and through their companies, represented to Knightscove that they had the capacity to secure production financing for Knightscove. Unfortunately, rather than assist Knightscove as promised, they have caused Knightscove Family Films and the feature production "Sophie" extensive damage by internationally misrepresenting their capacities, contacts and relationships, and failed to provide the promised financing.

Knightscove will not embark in further communication with either party. Knightscove will vigorously defend the lawsuit. It intends to issue a counterclaim against Georgeville Films, Marc Rosen and Ocean Point Advisors Inc. for the losses suffered due the failure to provide the promised financing.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release or the information contained herein.

Contact Information

  • Knightscove Media Corp.
    Leif Bristow, President and CEO
    (416) 444-7900 x222