If you are interested in the Pelican Equity litigation against Darl McBride and the gang, here's an article in Capital Madrid, a Spanish financial newsletter, that provides some background on the parties. If you don't read Spanish, you can use Google Translate. Here's
the English translation.
The article particularly focuses on Robert Brazell's accomplishments, because one of his businesses is in the news in the Spanish language press, and it mentions that Steven Norris is "a friend of the Bushes and of Saudi Prince Al-Waleed bin Talal Al Saud" ("amigo de los Bush y del príncipe saudí Al-Waleed bin Talal Al Saud").
I always remember at the beginning of the saga a SCO executive, Chris Sontag, saying we shouldn't be surprised if the government submitted an amicus brief in the
SCO v. IBM case. That implied to me that they expected an appeal, at least, at which point they thought the government would support them, allegedly because of concerns about terrorists using Linux. If you recall, one of SCO's allegations in its complaint is that IBM had violated export regulations. Mozilla actually inquired about that issue in connection with Firefox, by the way, and it seems SCO's dreams were misplaced. It received a letter stating Firefox does not violate export regulations, which likely will impact the IBM case. Of course, SCO executives have said a lot of things, so maybe that hope of an amicus brief was more a dream than not, and the administration has since changed, but then again, who knows? My job is just to let you know everything I find, and others can do the rest.
Here's the pertinent bit in English translation, which has the usual comical moments when computers try to do this, but it's certainly clear enough to understand the overview:
Brazell IBN created in 2000, and has grown his own. Meanwhile, he has developed other activities, provided around internet sales already: inventor who registered the patent for a "buyer identification system for optimizing passive advertising" a fan of punto.com (ehow.com launched to teach how do anything, delphiforums.com to chat, sandbox.com sports, liveglobalbid.com for online auctions, viniq.com to manage car dealerships ... And earlier, in 1995, wrote (he says modestly that is co-author) and published the book "The Idea Economy." This fall is announced the Segude party. According to his philosophy, the new economics of replacing Idea Economy is the Services and to apply them consistently in their activities. The book does not appear Amazon, although you can buy directly on its own page.
Three days later, Capital Madrid did a followup story [English translation], and here is a snip:
... And earlier, in 1995, wrote (he says modestly that is co-author) and published the book "The Idea Economy." This fall is announced the Segude party. According to his philosophy, the new economics of replacing Idea Economy is the Services and to apply them consistently in their activities. The book does not appear Amazon, although you can buy directly on its own page.
Talos, the "financial arm" of IBN, seems not to have even a year. This' merchant bank 'is also an LLC company, although in some financial information companies Brazell appears as' owner.'' Put like that, "owner". In its corporate site appears the following address: 667 Madison Avenue, New York. It's probably one of the most unique office buildings in the city, if not the oldest: the rent costs more than $ 900 per square meter. It just moved, because until now the home of Talos was in a rather less illustrious, the number 540 of the same avenue. The digital brochures from their operations and products still carry the old address.
These financial products and the very existence of Talos Partners are the source of demand that was launched last June 29. Nearly two months before the signing of a strategic alliance to create Prisa IBN International. O IBN Prisa International, altered from the one that appeared on Sunday Brazell interview in El Pais. According to the 36-page lawsuit, the factotum of IBN and Talos, but not only with others, had "stolen" ideas and financial tools, breach of confidentiality, entered into the computer, copied documents and used their stay in a company called American Institutional Partners (AIP) to mount Talos. It should further misconduct committed by hiring several professionals and employees of AIP. According to the letter, Brazell was in the company three months, from November 2008 to January 2009.
The other defendants include those employees allegedly defectors and two lawyers of the law firm of AIP, Bryan Cave LLP. Not only have helped the alleged plundering of Equitap financial instrument, but the company would take over the work done for others. Rolling over the matter, two other prominent defendants are Stephen Norris, a friend of the Bushes and the Saudi Prince Al-Waleed bin Talal Al Saud, one of the richest men in the world, and Darl McBride, former president of Santa Cruz Operation ( SCO).
The astonishing story on Wednesday is being conducted [continued] in these pages. Prisa's new partner, American businessman and banker Robert Brazell, has been sued in federal court in New York on June 29, 2009 by his former business associates Parners American Institutional LLC (AIP) which, according they would have been the source of the merchant bank Talos. The allegations are not trivial against the already holds a 1% Haste and has committed to purchase 3.5% from the treasury and an additional 0.65% in warrants for six euros per share, two more of the Prisa trading Friday. The list of charges ranging from conspiracy to fraud, theft or misappropriation, a number of other offenses described in the application, which is summarized in the following paragraphs extracted. On Aug. 19, the defendants, among which are an aide to former U.S. President George Bush and a Saudi billionaire prince responded before the same court. None of this is true, they say, and strike back against the plaintiffs. A week later, Juan Luis Cebrian announced in New York, at the same venue on the Nasdaq, the agreement between Rush and Robert Brazell, president of Talos and In-Store Broadcasting Network.
Here's the Semana article referenced [English translation]. It's hard to be sure, what with two languages being in the picture, whether Capital Madrid imagines a personal friendship with the Bushes from the fact of Norris being appointed to a committee during that administration, or if it knows more than I do. Here's a snip of the Semana interview:
Yesterday, the Colombian magazine Semana published an interesting interview with Juan Luis Cebrian, whom he calls "the strong man of Prisa. The full text can be read in the press release attached to the bottom of this article. Predictably, no questions on the fraud claim that is pending Robert Brazell, along with other defendants in federal court in New York. They follow some paragraphs translated from the English original. Also included are excerpts from the statement of opposition filed at the same court by the defendants.
SEMANA: What is the announcement they made at Nasdaq in New York?
JUAN LUIS CEBRIÁN: We agreed to sell to 4.5 percent of Grupo Prisa Talos Partners. The Chairman of Talos, Robert Brazell is, in turn, the majority owner of IBN (In-Store Broadcasting) with whom we have created a new company. Robert Brazell was named by Fortune as one of 20 leading businessmen in the world in the technology area. Might this explain why a guy using various nyms, who says he is Costa Rican, suddenly appeared on the Internet in support of SCO, insulting and threatening any who are not in support of SCO's position? Just asking. And one final little piece, a recent BBC News article about a split in the Saudi royal family.
SEMANA: Why did the listing on the Nasdaq?
JLC: Nasdaq firms agglomerate in technology and media leaders like Microsoft and NewsCorp. We are working on a process of transforming a company Prisa leader in the digital age, McCausland & Company advised by an internal team of international advisers. We will deliver our content to consumers regardless of medium or distribution platform ( 'Device Agnostic'), powering our digital assets and other technologies such as IBN. Violy & Company presented us with the opportunity to partner with IBN because its patented technology fits with this strategy.
SEMANA: Is this the strategic partner seeking?
JLC: Robert Brazell is one of the strategic partners in regard to future technological development of Prisa, and its educational content and visual skills.
SEMANA: How big is this alliance?
JLC: We form Prisa IBN International, a company that will distribute audiovisual content 50-50 in shops, stores and supermarkets in Spain, Portugal and Latin America. We will also expand our presence in the U.S. Hispanic sector. In this society, IBN will contribute its successful experience and personalized communication technology in retail outlets and Prisa produce audiovisual content and to support the commercial effort with its sales force.
I have no idea if any of these details are significant or just a footnote, but with threats in the air, any part of it might prove significant someday, and my job, as I say, is just to put it all out there.
Update: A reader noticed this 1997 Deseret News article about an FTC action involving Brazell:
Also named in the FTC complaint are well-known Utah businessman Mark O. Haroldsen; Financial Freedom Report Inc.; Silent Sales Force Inc.; Eleva Inc.; American Home Business Association Inc.; FFR Marketing; Robert Brazell; Don S. Gull; Kelly Haroldsen; Annette Brazell; and Dana Gull.
Here's the final outcome.
According to the FTC, the defendants used false testimonials and other deceptive advertising techniques to convince customers that they could make a lot of money quickly by purchasing home-based business venture materials offered by FreeCom.