wurldcrook@yahoo.com

“I took the entire industry by surprise,” said Greg Kerber, Wurld Media Inc. chairman and chief executive. “We kept it really quiet.”

Greg was full of a lot more than surprises and no wonder he kept things really quiet.

“We knew it was a big story,” Kerber said. “We didn’t go to the industry with a baked cake. We went there wanting their participation in the process. We found them to be very cooperative.”

See Greg knew all along it was just a big story – there was no cake – just a lot of people tricked into being cooperative while he picked their pockets.

Already its staff is working some 12 to 14 hours a day, with some people working six or seven days a week. “I’ve had people who haven’t had a day off in three months,” said Kirk Feathers, president and chief technology officer.

I’m sure Kirk was later overheard laughing with Greg – they haven’t had a day off in three months and we haven’t even paid them!

“Consumers will be paid for delivering bits and bytes to other consumers on the network,” Kerber said. “In a lot of instances, the consumer can make more money than we do on the transaction.”

It depends on what the meaning of the word PAID is Greg would tell you with a straight face even today.

“We did 40 interviews in the course of two weeks,” Kerber said. “It brought instant credibility to the company.”

Wurld Media lost all credibility in early 2002 this excerpt from a New York Times article by JOHN SCHWARTZ AND BOB TEDESCHI Published: September 27, 2002 should have provided insight into how far they would stretch the company ethics “Kirk H. Feathers, the chief technical officer of Wurld Media, said that it had been wrongly accused of stealing and that the company would readily go to court to defend itself.”

Peer Impact allows consumers to build a secure and legal file-sharing community. It’s “created by and for the fan,” Kerber said.

And while the consumers build a legal file-sharing community, Greg Kerber, Kirk Feathers, Rick Saxton and Joe Hatch illegally bilk investors, employees and vendors.

It’s a different tone set by Wurld than that of Johnny Deep, founder of the defunct Madster who said he liked the challenge and kept the lawsuits going as long as he could. He charged the Recording Industry Association of America of conducting a smear campaign and held fund-raising efforts to fight the RIAA on his Web site, with his daughter Aimee Deep dressed up as Tomb Raider.

Interestingly, Deep and Kerber were neighbors in Cohoes, maybe the tone isn’t that different, it looks like Greg will be enjoying his own round of lawsuits.

And Wurld Media’s Kerber said even the free services aren’t really free–it comes at a price. Somewhere they’re paying a price,” he said.

Greg wasn’t kidding about that.

(ii) Seller shall pay all wages, salaries, commissions, and the cost of all fringe benefits provided to its employees which shall have become due for work performed as of and through the Closing Date, and Seller shall collect and pay all Taxes in respect of such wages, salaries, commissions and benefits.

http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001144204-07-037216&Type=HTML

According to ROO’s SEC filings Wurld was supposed to pay their employees with the money they made ….so where is the paychecks?

“The suit is without merit and (the company) will defend it vigorously,” ROO said in the SEC filing.”

HAHAHHA…also Kerbers Lawyers comment had me laughing even harder….
“Kerber’s New York City attorney Robert Gottlieb said Friday that he still doesn’t know exactly why his client has been charged,”

hmm let me think…taking money from payroll designated for 401k but not placed in 401k (Enron?) bouncing payroll checks, not paying taxes…oooh there is just sooo much more

“It is absurd for anyone to conclude that the business transaction with ROO had anything to do with not wanting to pay employees,” he said. “It’s just the furthest thing from the truth.”

Greg Kerber and Joe Hatch

Roo Business Solutions
Corporate Woods Building
855 Rte 146
Clifton Park, NY 12065
646-278-6067

Investors – Stand Up, Be Heard! Call the Saratoga Springs DA.