The Legal Eagles at YouTeller Have Come Up With a Disclaimer with Respect to NETeller

The Isle of Man e-wallet supplier NETeller has caused the publication of a disclaimer that appeared on the website of YouTeller this week, and which appears to be a signal that a legal action by that company with regard to YouTeller in the form of a warning that they should not infringe on their brand, seems to be bearing fruit.

The disclaimer was the work of YouTeller's London-based parent group, and advised that print company Seed Capital Ltd. is not in any way affiliated with, related with or endorsed by NETeller Plc.

Still at the present time, YouTeller seems to be a bit of an enigma with sparse supplementary information appearing regarding the latest e-wallet nor those who are backing it. Although no evidence has appeared to support it, there have been rumors suggesting that those who are involved with this latest effort have some prior online gambling industry experience.

Florian Schweitzer, the only one to currently come forth to speak for the new organization does not suggest any large plans for this new foundling. Schweitzer describes YouTeller as being based on the Google G-mail model, one that is known to build up its business through referrals from its members. He says that the company does not yet have a sufficient base with which to handle the volume that would be created by a complete public opening and at the same time be able to meet its goal which is to provide reliable service and support to its customer base.

According to Schweitzer, in a statement made earlier during this year, the company plans during the of month March 2007 to invite 1,000 new applicants to participate as members. These are those who it seems may have previously pre-registered. According to him, there is no plan for a public account registration during the next coming months.

Schweitzer says that the group that they are aiming to attract is made up of those who prefer to play community-orientated online games such as poker, chess along with role-playing games. In order to discourage possible money laundering by terrorist groups there will be an account limit of Euro 150.

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