Tag Archives: Sleek

Success has many parents, but failure is an orphan

facebookPowerSMSOnly facts:

Mark Zuckerberg launched Facebook from his Harvard dormitory room on February 4, 2004.
In 2004 Harvard students Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra filed a lawsuit against Facebook alleging that creator Mark Zuckerberg had broken an oral contract with them. The suit alleged that Zuckerberg had copied their idea and illegally usedsource code intended for the website he was hired to create.

50 Cent owes $31.151.611 to his biggest creditors

50-cent-feat-2According to bankruptcy documents, 50 Cent's largest debt is to Florida headphone maker Sleek Audio, who won a $18.428.257 judgement against 50 for stealing theis headphone design,some of their valuable data and trade secrets.

His second biggest creditor is  Rick Ross’s baby mama Lavonia Leviston, who just snagged a $5.000.000 judgement against 50 Cent for leaking her sex tape.

Other debts include $568.304 to Reed Smith, his lawyers…

Is Money King Immortal?

50centbankruptcyLet's see more details about why 50 Cent get bankruptcy? We remember, 50 Cent has $155 million start of the 2015. How start everything?

50 Cent had deal with Sleek Audio Co. for distribution their headphones. The G-Unit helmsman who invested $1 million in Sleek, was to start a line of headpones with the company. But 50 Cent founded his headphone SMS Audio co. and his new product want against 'beats by Dre' and also 'Sleek'. Sleek claimed 50 stole its design,some of their valuable data and trade secrets. and then tried marketing it on his own. Sleek Wins lawsuite. 50 Cent was ordered to pay $17 million to Sleek. but after 50 chose not to pay a $17 million, his bank account was frozen.

50 Cent also lost $5 million lawsuite against Rick Ross baby mama.
According to reports, 50 claims his assets are worth between $10-50 million, but his liabilities are about the same.