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Voyeur Dorm at center of suit
By Times staff writer TAMPA -- A Nevada company claims in a lawsuit filed in Hillsborough Circuit Court that the owners of the company that operates the Voyeur Dorm Web site released misleading or fraudulent information before selling half of its stock last year. The Nevada firm, Mango Supply Inc., agreed in September to pay David Marshlack and Charles Hammil, the owners of Entertainment Network, $6.5-million for half the stock shares. The lawsuit claims that Marshlack and Hammil told officials with Mango Supply that Entertainment Network, which runs the Voyeur Dorm Web site, had more than 10,000 monthly subscribers and revenues of $400,000 a month. The Entertainment Network executives told Mango officials that a $5-million deal with America Online was in the works, the suit says. Marshlack and Hammil, however, said the deal would be lost unless Mango bought 50 percent of Entertainment Network before Sept. 24, 2002, the suit states. Later, officials with Mango Supply discovered that there were about 7,200 subscribers and only $300,000 in revenues, according to the suit. In the suit, Mango offers to sell back the shares to Marshlack and Hammil for the $6.5-million plus interest and costs. Otherwise, they will pursue the case on grounds of fraud and conspiracy to defraud, court papers say. None of the parties could be reached.
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From the Times |
