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Trademark Abandonment!


                                                   
Trademark

 Another picture to show how LITTLE Jennifer  Maguire, Nick, Goins, Cook Peacock cared about public, (your) money.   Fees were donated to Hanks Law Foundation to fulfill the purpose of having an official Trademark.   Peacook was too stupid and lazy to follow through.  She was too busy using the public’s  (your) money for other things…

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“Abandonment of a trademark occurs when the owner of the trademark deliberately ceases to use the trademark for three or more years, with no intention of using the trademark again in the future. When a trademark is abandoned, the trademark owner may no longer claim rights to the trademark.”
(Cornell Law Edu)

Peacock had/has a duty to return the donated funds!

“Restrictions  On Donations Are Permanent 
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Once money is restricted, that restriction is permanent.  The funds cannot be redirected to other purposes, even if the budget picture becomes bleak.  It is a difficult situation to be facing unpaid rent and utility bills, or an upcoming payroll, with nothing in the organization’s operating account, but you have $50,000 sitting unused in a Scholarship Fund.  It seems logical that the money could be moved in an emergency.  But, the IRS is serious about restricted funds.  Improper use can result in severe penalties, or even loss of exempt status.  Boards can be sued by donors for misuse of such funds.”

Restrictions On Donated Money







 

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