Mlar.ob Vreaking News....

Mlar.ob Breaking News, A Must read for ALL

Press Release Source: Micro Laboratories, Inc.

Micro Laboratories, Inc. (OTC Bulletin Board: MLAR) Puts Tasker Capital Group (OTC Bulletin Board: TKER) on Patent Infringement Notice
Tuesday November 1, 9:15 am ET

JOHNSTON, R.I., Nov. 1 /PRNewswire-FirstCall/ -- Chairman of Micro Laboratories, Inc., Robert Thistle, stated that Vice President Jim Burns of Tasker recently received a letter from federal trial attorney Declan Joseph O'Donnell. The letter stated that Chairman Robert Thistle had met with Mr. Burns to discuss the blatant violations of patent #6,071,500 and that the legal remedies for this infringement are severe, and Tasker may be compelled to disgorge revenues and pay damages with interest fees and cost. Quoting directly from the letter received, "This is a demand for fair compensation for product sold to date and a demand that you cease and desist selling unlicensed products under our patents, including #6,071,500, forthwith."

Thistle says there is clear evidence of patent infringement.

Safe Harbor Act Disclaimer:

This press release contains statements which are forward-looking statements within the meaning of applicable federal securities laws and are based upon the Company's current expectations and assumptions which are subject to a number of risks and uncertainties which could cause actual results to materially differ from those anticipated.

This release was issued through eReleases(TM). For more information, visit
Last edited:
Tasker response to MLAR :

Tasker Products Responds to Press Release Issued by Micro Laboratories, Inc.
Tuesday November 1, 2:28 pm ET

DANBURY, Conn., Nov. 1 /PRNewswire-FirstCall/ -- Earlier today Micro Laboratories, Inc. issued a press release describing a letter sent to Tasker Capital Corp. (OTC Bulletin Board: TKER - News) that alleges certain violations of a patent held by Micro Laboratories (OTC Bulletin Board: MLAR - News). Tasker acknowledges that it is in receipt of the letter. To date, no formal proceedings have been brought against Tasker. Tasker believes that the allegations made by Micro Laboratories are completely without merit and Tasker plans to vigorously defend any action pursued by Micro Laboratories, and in addition, plans to pursue any and all available legal remedies that Tasker may have against Micro Laboratories in connection with this matter.

This release contains forward-looking statements that involve risks and uncertainties, such as statements about our plans, objectives, expectations, assumptions or future events. These statements involve estimates, assumptions, known and unknown risks, uncertainties and performances, or achievements expressed or implied by the forward-looking statement. Actual future results and trends may differ materially from those made in or suggested by any forward-looking statements due to a variety of factors, including, for example, our ability to compete with other products in our space, the risk of unfavorable federal regulation, and the fact that our status as a development stage company makes our future unclear. Consequently you should not place undue reliance on these forward-looking statements. The proposed transaction may or may not close as expected. If the transaction does not close, the Company's ability to capitalize on potential opportunities for the sale of its products may be significantly negatively impacted. We discuss many of these and other risks and uncertainties in greater detail in our filings with the SEC, including the section entitled, "Risk Factors" in the Company's most recent Annual Report on Form 10-KSB as filed with SEC.
Last edited:

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Are you a day trader?