HK Listed Company Forgame Holdings Limited Exposes HumanCode AI’s Corporate Theft and Deceptive Practices

Forgame
Holdings
Limited,
a
firm
listed
on
the
Hong
Kong
Stock
Exchange
and
a
significant
shareholder
of
Redrock
Biometrics,
Inc.
(“Redrock”),
is
taking
decisive
legal
action
against
HumanCode
AI
for
the
flagrant
misuse
of
Redrock’s
proprietary
technology
and
pervasive
corporate
deception.

HumanCode
AI,
under
the
leadership
of
Hua
Yang
and
Zhang
Dong
(aka
Tim
Zhang),
has
been
caught
exploiting
Redrock’s
proprietary
palm
print
identification
technology.
This
egregious
behavior
undermines
Redrock’s
market
position
and
constitutes
a
serious
breach
of
trust
and
legal
duties.
HumanCode
AI’s
unethical
actions
include:

• 
  Theft
  of
  Proprietary
  Software:
  Unauthorized
  use
  of
  Redrock’s
  proprietary
  palm
  print
  identification
  technology
  to
  advance
  HumanCode
  AI’s
  competing
  business.

• 
  Investor
  Misrepresentation:
  Misleading
  investors
  by
  falsely
  claiming
  ownership
  of
  Redrock’s
  technology
  and
  clients,
  including
  NCR,
  Mastercard,
  Qualcomm,
  Epson,
  and
  Sony
  Life.

• 
  Fiduciary
  Breach:
  Executives
  leveraging
  their
  roles
  at
  Redrock
  to
  benefit
  HumanCode
  AI,
  violating
  their
  fiduciary
  duties.

• 
  Non-Compete
  Violation:
  Establishing
  and
  promoting
  a
  competing
  enterprise
  using
  Redrock’s
  technology,
  in
  breach
  of
  non-compete
  agreements.

Formal
Demands

Details
of
the
specific
intellectual
property
involved
are
outlined
in
the legal
letter sent
to
the
parties.
Forgame
Holdings
Limited
demands
immediate
compliance
from
HumanCode
AI
with
the
following:

• 
  Cease
  all
  use
  and
  promotion
  of
  Redrock’s
  proprietary
  technology.

• 
  Halt
  any
  activities
  involving
  Redrock’s
  intellectual
  property.

• 
  Return
  all
  misappropriated
  intellectual
  property
  to
  Redrock.

• 
  Provide
  written
  confirmation
  of
  compliance
  within
  seven
  days.

Failure
to
comply
with
these
demands
will
result
in
Forgame
Holdings
Limited
pursuing
comprehensive
legal
action.
This
will
include,
but
is
not
limited
to,
claims
for
breach
of
fiduciary
duties,
violation
of
non-compete
agreements,
and
other
serious
infractions.
Forgame
Holdings
Limited
is
prepared
to
seek
substantial
damages
and
injunctive
relief
to
prevent
further
misuse
of
Redrock’s
technology
and
protect
its
business
interests.

A
representative
from
Forgame
Holdings
Limited
stated: “The
actions
of
HumanCode
AI
and
its
leadership
are
nothing
short
of
corporate
theft
and
deception.
This
egregious
misuse
of
Redrock’s
proprietary
technology
and
violation
of
trust
cannot
and
will
not
be
tolerated.
Forgame
Holdings
Limited
is
committed
to
taking
all
necessary
legal
steps
to
protect
Redrock’s
intellectual
property
and
ensure
that
those
responsible
are
held
accountable
for
their
unethical
actions.”

Forgame
Holdings
Limited
is
determined
to
take
all
necessary
legal
steps
to
protect
Redrock’s
assets
and
market
position
from
unethical
competitors.

About
Forgame
Holdings
Limited

Forgame
Holdings
Limited
is
a
leading
investment
firm
listed
on
the
Hong
Kong
Stock
Exchange,
 dedicated
to
fostering
innovation
and
protecting
the
integrity
of
its
portfolio
companies.
As
a
major
shareholder
of
Redrock
Biometrics,
Inc.,
Forgame
Holdings
Limited
is
determined
to
defend
Redrock’s
intellectual
property
against
any
acts
of
infringement
and
unethical
behavior.

Disclaimer: The
information
provided
in
this
press
release
is
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a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
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and
securities.