NEWSFLASH -- BREAKING NEWS as it happens !!!!!
TRAWNA -- (GOSH Wine News Services) -- The Foxy Wine News Network(TM), enjoyed on television by over 4,000 Canadians every night, has joined forces with Winefox.ca.
Originally, Winefox.ca had filed a "cease-and-desist" letter with Foxy Wine News Network(TM), believing that Winefox.ca had prior exclusive rights to the words "fox" and "wine". They refused to believe in the existence of the Foxy Wine News Network(TM).
But that was before due diligence showed that Foxy Wine News Network(TM) is a viable subsidiary of GOSH Wine New Services. Both legal teams have spent some time in coming up with a solution. It turns out that Winefox.ca is interested in some of the assets of the Foxy Wine News Network(TM).
So: instead of suing Foxy Wine News Network(TM) for $1,000,000, Winefox.ca has bought into the Foxy Wine News Network(TM), taking a minority interest with a silent partner position for that same amount of money.
From July 1 on, the Foxy Wine News Network(TM) will report on all happenings at Winefox.ca, and Winefox.ca will share in the profits made from 4,000 sets of television eyeballs.
In the future, there will be other forms of partnerships such as buying wineries, importing wines, selling wine accessories, and other commercial applications.
Foxy Wine News Network(TM), a subsidiary of GOSH Wine News Services, will be reporting on all of these as they happen....
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