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Paul Cegil

Paul Ceglia, the man who claims that he owns 84 percent of Facebook Inc., shed interesting light on the alleged contract between him and Mark Zuckerberg.

According to a report on Bloomberg, Ceglia says that the lawsuit would not have happened had he not been arrested and had to look through some old files.

Everyone can now assume that this is his answer to the many people who have been asking, why he waited seven years to make the claim?

Now that the contract is found, he says he’s going after Mark Zuckerberg because a deal is a deal.

Andrew Logan, StreetDelivery’s founder and CEO, enters the scene to give more spices into this Facebook ownership drama.

Logan claimed Ceglia was under contract to StreetDelivery in 2003 when the latter set up StreetFax and hired Zuckerberg.

If Ceglia’s contract with Zuckerberg gives Ceglia an ownership interest in Facebook, that interest may belong to Logan, he said.

“We’re going to lay claim that I own it,” Logan added.

Meanwhile, Henry Blodget at the Business Insider, wrote in an article that the checkbook evidence in the case is almost certainly a forgery.

MarkZuckerberg Alleged Signature New Twist Enters Facebook Ownership Battle

If you have been following the story of this latest tug-of-war between Ceglia and Mark Zuckerberg for the ownership of Facebook, you know that the ‘contract’ between Ceglia and Mark Zuckerberg entered into two separate transactions of $1000 each, one for development work of StreetFax and one for The Face Book.

So far Facebook and Mark Zuckerberg have the upper hand in the case. How the case ends rest in the hand of the court.

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Facebook on Friday backs Mark Zuckerberg with an official statement stating that the lawsuit filed by Ceglia claming 84% of the company is based on a contract that was likely “forged.”

“Mark has made it clear that Ceglia’s claims are absurd and we strongly suspect the contract is forged.”

This latest lawsuit against Facebook by Paul Ceglia is not the first for both – Facebook and Ceglia.

Back in 2007, a lawsuit was filed against Facebook by co-founders of the Site ConnectU, alleging that Zuckerberg took Facebook’s software code and business plan from them. The parties eventually reached an agreement that granted ConnectU $65 million in Facebook stock and cash.

Ceglia, on the other hand, has an ongoing case against him. He along with his wife Lasia, has been accused of defrauding customers of their wood-pellet fuel company, Allegany Pellets. The company allegedly took $200,000-worth of pre-orders fro wood pellets and then failed to deliver them.

With Facebook crying foul over the originality of the contract, which is so far produced in electronic format only and the current lawsuit against Ceglia, what most people think might turn out true – forgery.

But then again, Mark Zuckerberg seems unsure of the contract and it’s details – I think we were quite sure that we did not sign a contract that says that they have any right to ownership over Facebook.

We don’t see Ceglia wining this, unless the genuinity of the document is confirmed. Meanwhile, the current lawsuit has already caused some problems for Facebook with a temporary restraining order issued by the court.

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