Quote from: kingcolex on November 30, 2014, 06:47:26 PM

Quote from: jackbox on November 30, 2014, 05:02:38 PM

Quote from: Lorythril on November 30, 2014, 04:56:19 PM

Quote from: Melkunov on November 30, 2014, 04:42:29 PM

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@gwai said:

Would be nice to hear what the official statement is on PYC/paycoin as it has been steadily rising on the speculation?

Meeting with most of the exchanges this week. Since we own the copywrites, there are only a few options.

.....But you catch more flies with honey

Follow me on Twitter - @gawceo

>copywrites

I refuse to believe this guy graduated high school, much less obtained hundreds of millions of dollars based on a white paper with tons of elementary errors similar to this one.

Seems like PYC will probably see a bump from the name confusion. Unless they buy every coin out of existence, it will always be an issue

Both PayCoin and PayBase are alredy in use in commerce by other organizations and companies. PayCoin (PYC) is already in existence as most people know. PayBase is a transactional payments platform owned by a company called Bottom Line Technologies (http://www.bottomline.com). Even the most moronic of companies due a small amount of due diligence before selecting names they plan on trademarking. Registering a website does not qive you the right to the name. Both are already being used in commerce for the same exact thing so it would be very difficult for GAW to get the trademarks unless he planned on paying both a quite nice sum of cash.

I am sure they bought them, not too hard when you have a high cashflow coming in to buy a trademark.

trademarks are not expensive, and all it takes for a trademark to pass and be granted is a lack of objections.
If the original brand name creators do not notice that a trademark had been registered, and not filed an objection within the allotted timeframe, then the trademark is passed.