Tuesday, August 24, 2010

JEDM - No More Telepathic Oneness With Other Jedi


Jedi Mind, stock ticker JEDM, develops software for thought-controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. Unfortunately this same technology can not control the mind of one George Lucas, creator of the Star Wars Movies.

Lucas is suing Jedi Mind for $5 million and has demanded they stop using the good Jedi name.

JEDM leaped like a Jedi last year to $.17 a share, but has since been unable to control the downward pressure on the stock. It trades at $.025 and could see lower prices without the Power of The Force supporting it.





LUCAS SUES 'JEDI' MIND CONTROL COMPANY Comtex News Network    "World Entertainment News Network "
Aug 24, 2010 (WENN via COMTEX) -- GEORGE LUCAS has filed a multi-million dollar lawsuit against a technology company for allegedly hijacking a STAR WARS reference to market 'mind control' products.

Lawyers representing the sci-fi franchise's creator fired off a cease-and-desist letter to bosses at Jedi Mind Inc in May last year (09), demanding they stop using the name of Star Wars' famous mystical space age knights.

The head of the company, which makes futuristic computer headsets which use brain waves to run software applications, allegedly agreed to phase out the Jedi Mind trademarks but representatives for the movie giant's LucasFilm company claim the demand was not met, even after another legal letter several months later.

Lucas' attorneys have now filed a $5 million (AGBP3.3 million) trademark lawsuit against the firm, alleging the name will cause confusion in the marketplace and harm LucasFilm's business and reputation, according to the Hollywood Reporter .

The lawsuit claims ownership of "all characteristics associated with the Jedi knights not memorialised in a registered trademark, including Jedi robes, the lightsabre weapon, the power to levitate objects, a telepathic oneness with other Jedi and the universe, and the ability to shoot energy beams called 'force lightning' from the fingertips". (LR/HR/ZN)

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