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Stock could take a hit for a while. Expectations of a settlement now dashed .
I think it's fair to say that whatever speculation
That exists in the German case, it can begin
Now.... T-7 days .
Then it can rebuild in Jan. For decision.
Bad timing for dismissal in US. This will severely dampen the speculation period pre-German hearing...which is when I was hoping to exit shares.
Could be quiet all the way to decision now.
Not that I'm trying to paint a rosy picture here, but over the weekend "key mgmt." is in remarkably good spirits, essentially saying "don't worry,be happy". Not BS'ing here.
I can't think of any reason why 8 million shares
Would be trading the day before a big holiday..
Other than the German Case is now in Jeopardy.
Let's Hope not.
Rather, a LOT more action. These guys are fully
Levered on legal action. Everything implodes
Without success in Getmany.
It's hard to imagine their actual business all of the
Sudden kicking into gear to make up for a 44 million
$$ debt burden.... And counting!!
Then you add in this litigation with VSL...
Which is adding to the debt burden.
There is probably more downside in the
That case than the Google case if MAXD
Didn't execute every letter of that contract
With VSL.
Pretty pathetic situation to be in when you
Have to debate selling at 2.8 cents to save
What little is left in the initial investment !
Rather, a LOT more action. These guys are fully
Levered on legal action. Everything implodes
Without success in Getmany.
It's hard to imagine their actual business all of the
Sudden kicking into gear to make up for a 44 million
$$ debt burden.... And counting!!
Then you add in this litigation with VSL...
Which is adding to the debt burden.
There is probably more downside in the
That case than the Google case if MAXD
Didn't execute every letter of that contract
With VSL.
Pretty pathetic situation to be in when you
Have to debate selling at 2.8 cents to save
What little is left in the initial investment !
These financial commitments to Akyumen
Were based on the premise that a projector
Phone could actually get built to the size and scale that consumers
Would be attracted to. It has proven to bulky
To build in a way for mass adoption. To say that it's
Back to the drawing board is an understatement.
This deal will never happen. Period.
The two other phone deals are tiny contracts that
Wouldn't even come close to even covering
MaXDs monthly cash burn.
That's why the the stock still maintains its worthless
Value.
The only real potential thread of income for
Maxd is splitting the cost of streaming costs
With companies that pay large sums of money
To stream. The improved quality of music
Aspect of this equation has proven useless
To try and monetize and these streaming companies
Would get that for free.
What is extremely disappointing is that it appears
That even getting deals done to save these companies
Money in streaming costs is painstakingly
Difficult, which speaks volumes to the management's
Ability to "execute".
Do not factor in AKYUMEN...this guy has no clue how to build a phone.
Pathetic company with an even more pathetic website ...doesn't even have a demo of the projector working on it.
This also goes show how astoundingly naive MAXD is to enter into an agreement with Akyumen in the first place.
Google "Akyumen at SXSW" and watch the video of this immature college kid (CEO) being interviewed and tell me how impressed you are.
Also the contracts for these other phone companies are worthless. Go to the most recent 10Q. Must produce 250.000 phones over a 5-6 month period. $1.50
royalty a phone. BIG DEAL!!!
CONFIDENCE is so subjective,because we don't really have enough "on going"
information to make any assessments since the case was filed.
This case seems to be hinging a great deal on whether or not Google can produce a "Hail Mary" in producing some kind of prior art prior to the trial.
Other than that, you can only assume that GOOGLE will be looking for a technical "out" at the hearing...they are experts at that. Its a toss up to me, with a distinct edge to Google because this would be the most unlikely of situations whereby a zero revenue producing penny stock company, who managed to shrewdly worm their way in to getting exclusive rights to VSL technology prevails
against the largest honey badger in the industry. Seems inconceivable....
yet i haven't sold any shares..... Looking for some speculation above .09
to sell half prior to decision...or settlement.
re:"This stock is an absolute no brainer if you are long".
EXCEPT FOR THE FACT THAT MANAGEMENT IS COMPLETELY INEPT IN MONETIZING
THIS TECHNOLOGY!!! HAS BEEN FOR YEARS. ACCORDING TO THE CEO, THIS WAS TO BE THE BREAKOUT YEAR....HE CONSISTENTLY OVER ESTIMATES AND IS WOEFULLY SHORT ON DELIVERING THE GOODS.
IT JUST ADDS TO THE EXTREME DOUBT THAT A COMPANY WITH NO REVENUES COULD POSSIBLY BAIL THEMSELVES OUT BY WINNING A MULTI MILLION $$ LAWSUIT WITH THE MOST DOMINANT TECH COMPANY IN THE WORLD !!
Hmmmm...... I really didn't get a straight answer
From you about the original source for post #1484, now did I...?
Just a bunch of garbled text. ..I'm sure any
other person following this exchange between
you and I would agree that something
Doesn't smell right.
1 of 3 used posts today.
Rurouni, where did you pull the post #1484 from
That had Author MAXSOUND on it?
I looked back on the date of that post. It was
Sept. 28.... But it's not on this sight .
Yeah....
on another note,that 17 page dismissal brief from Google was incredulous!!
It had MAXD running complete rough shot over both Vedante and VSL.
No one in their right mind would have ever stood a chance at attempting what Google said MAXD did. Small Excerpt from brief here.
"Vedanti consistently and repeatedly has maintained, and continues to
maintain, that neither it nor VSL has granted any rights to Max Sound to sue
on Vedanti’s U.S. patent.
The agreement cited by Max Sound is between VSL and Max Sound. Vedanti
is not a party to it. As for Max Sound’s claim that VSL was acting as
Vedanti’s agent, there was no such conduct or intent.
In connection with the making of the agreement between VSL and Max
Sound, Max Sound sought rights to sue on Vedanti’s U.S. patent. Those
requests were rejected. On about June 12, 2014, after the VSL-Max Sound
agreement was made, Chris Joe speaking to a VSL representative
acknowledged, before numerous witnesses, that the “marching orders” to the
lawyers were that there would be no patent infringement lawsuit.
Subsequently, in July and early August 2014, Max Sound renewed its requests
for permission to file suit on the U.S. patent. The desire and need for such
permission is evidenced, inter alia, by the documents Max Sound prepared
and submitted to Vedanti in order for Vedanti to grant that permission.
Vedanti refused. The absence of Vedanti’s signature on the documents
evidences Vedanti’s refusal."
SO THIS CLAIMS THAT NEITHER VEDANTE NOR VSL GAVE RIGHTS TO SUE!IT SOUNDS LIKE VEDANTE MAY HAVE EVEN REMOVED THEIR SIGNATURE FROM THE
PATENT INFRINGEMENT APPROVAL!
MORE REASONS TO SUE BOTH VEDANTE AND VSL FOR BREACH OF CONTRACT...A 3 for 1 !!!
ipnoob......i believe this puts a strangle hold on that idea..
"in addition, per our agreement with VSL, MAXD has obtained a Emergency Arbitration Award from the American Arbitration Association (AAA) against VSL, finding VSL breached its agreement with Max Sound and requires respondent VSL is be enjoined from:
1) disavowing the validity of the Contract,
2) altering any corporate or other entities formed, owned, or controlled by VSL that has any connection to the Contract, or
3) licensing, selling, assigning, or transferring, any of the technology, patents, or intellectual property, connected to the Contract in any manner, and is required to cooperate with the pending ODT enforcement litigation and fulfill its other contractual obligations. "
Are we to assume that Ms. Keefe (lawyer for Google) has no idea that
MAX has written approval from both Vedante
And VSL to proceed on this patent violation
Case????
It doesn't make sense for her to write a 17
Page brief on why MAxd has no standing
Given they actually have written permission
From Vedante.
If this is the case(below) why the hell even argue this "alter ego" crap??
The proof of legal ownership is right here!!
"Our company has a written agreement with VSL and Vedanti Systems Limited (VSL) authorizing the filing of the patent infringement litigation against Google.
Officers of VSL and Vedanti reviewed and approved the filing of the lawsuits. MAXD already received injunctions against several companies importing Google/Android products from the Patent Court in Germany.
For those of you that visit this sight,
If you haven't read the motion to dismiss excerpt
Provided by Gator post # 1458, you are doing
Yourself a disservice.
While, I haven't read the response to this motion
To dismiss yet , and I'm not a legal expert, this
Looks rather damming towards MAXd,
Particularly since Vedanti wants nothing to do
With Maxd in the first place.
Unless there is a clear cut technical "out"
That a ruling by a judge can refer to for a logical
Protected Chain of custody, I don't see this "alter
Ego" defense holding water.
This is going to be a very technical interpretation
In the ruling which makes it a Real toss up.
Maxd has a very disturbing pattern of
Going down rabbit holes only to come up empty.
A more talented team could have gone down those
Same rabbit holes and come up with
Some revenue producing results.
It's incredulous to think this US lawsuit
Is actually going to go anywhere. I look
At this US lawsuit as just a continuation of
This same pattern in their eventual undoing.
For those of you who may have read the rebuttal,
Please provide any color that may show some
Strength to the case.
I don't see how they can sue Google for violation of
Trade secrets since that got nullified by Google
Using the attorney/client privilege argument.
Which would mean that these sticky notes weren't
Entirely inter office notes , but also included legal
Advise as part of the notes.
All Google needs is one loose thread to unravel
The sweater, and I think they have it in challenging original ownership
Of patent.
I'm wondering if the German case is successful if it
Could get overturned by a dismissal of the US case?
That sure did shut the conversation down!
Very useful. This crystallizes my doubts about
How Maxd could wiggle their way into creating
This lawsuit this will not be a clean court case,
Potential to get mired down for years, if not outright
Dismissed.
Given they have proven to be poor executors in
Business, I see no reason to stay in this.
That sure did shut the conversation down!
Very useful. This crystallizes my doubts about
How Maxd could wiggle their way into creating
This lawsuit this will not be a clean court case,
Potential to get mired down for years, if not outright
Dismissed.
Given they have proven to be poor executors in
Business, I see no reason to stay in this.
Traders swarm in this sight when they gang up
On the stock to push it higher. That promotes
All the speculation, rumor, pumping.
1 out of 10 comments might represent
Something of value to the reader. Once the trading
Volume swoons down along with the stock price,
The Sharks swim somewhere else and commentary
Pretty much ceases. Also, You never find any constructive
Commentary during the lulls in the action.
No reason why it won't go down to .02
Again... It's not like they are going to announce
They got another customer or any cash generating
Deal !
I've had the chance to get to know the CEO over the last year and have also spoken with the CFO. If anything, these are some pretty shrewd and tenacious guys. I don't see them dropping their drawers. Google and NFLX
are fully aware of MAXDs financial situation. If a settlement is reached, I don't think we will be unhappy.
I cant sing too much praise on them as effective businessmen who know how to Execute a business plan, but they sure know how to play ball in the justice system.
Exactly!
Exactly!
Looks like MM's have moved on to other fertile ground.
Expect stock to drift back into the 2c range
Steady drip down Over the next week or so. Speculation
Will probably resume late November.
I've been following ... And scrutinizing
Them for a long time during their tenure at
Maxd. The CFO is also the chairman of the board
So there is no accountability.
I have to give the CFO credit as he was
Mainly the shred architect of getting the rights to
VSL technology... And getting the lawsuits going.So when you do your calculations
On settlement or positive court outcome.
It's split 50/50 then legal team cut.
They really need the lisencing part of this
To happen because I doubt they ever
Achieve any meaningful revenue.
No one wants to pay for the enhanced soind part of
What Maxd does, so the strategy is just to spli
The streaming costs s company would save
In transmission streaming costs.... Not a bad
Strategy ...right? Yet nothing has materialized!!
I mean come on. At some point they would have to
Strike a deal you would think.
I appreciate the CEO updates once or twice a year.
It's nothing but over projecting, over forecasting ,
And putting the cart before the horse. Example:
Their new app was supposed to be available
In July.
Still, this is a once in a life time potential
Upside with all of the implications from
The lawsuit. IIi
It's hard to get the head around what is at stake here should the lawsuit..or even settlement occur. This would go in the record books for sure. A tiny penny stock company that generates zero dollars in revenue
defeats one of the largest companies in the world in a SIGNIFICANT patent infringement lawsuit. I Can't imagine this thing going that way...things like that just don't happen to companies like this.
MAXD has chased down a lot of rabbit holes trying to strike deals with their technology.It has One of the most inept management teams I've ever seen, they should be much farther along than they are right now....
just adds to the one in a million odds at stake here.
This would not be the final hearing, they could appeal.
Time limit of 6 months from court decision.
Guys, put it to bed. The sticky notes are sealed
And inadmissible.
The main concern between now
And dec.8 is Google crafting some kind of
Prior art argument.
If Dec8 comes and goes that's where the real
Speculation should begin.
It would seem the only way out of it for Google
At that point would be to have somehow successfully argued
The validity and enforcement of the patent
Itself.
There just isn't a lot of wiggle room here.
If the case gets derailed, it's most likely to be
On some technical detail.
Reply to ican335 regarding sticky notes.
I stand by my statement. While you might impress
A lot of the naive readers on this sight with
Your self indulgent narrative on your position
With regards to sticky notes, I suggest you
Speak directly with the company. There is
A lot of rumor, innuendo , and wild speculation
On this sight, I'm trying to provide clarity, based
On fact from authentic sources.
I learned of The inadmissible post it notes
From a very reliable source at MAXD.
Exactly to your point Maxd has ho participation
In the invention of this patent and have generated zero revenues from it. they saw a company
Hand cuffed by Google, worked a deal with them
To have rights to the patent and then filed a lawsuit
Against Goofle shortly thereafter.
Let's not be naive here, this was the plan all along.
My understanding is that the post it notes could have been used if Maxd
Filed a corporate theft lawsuit. I think the
Bar is set a little lower on the infringement case,
So yes, prior art could derail the case, but you can
Be sure that the legal team researched this
Extensively before they took on the case,
Feeling confident that Google would have a
Real tough time finding something that they
Could call prior art
I still give Google an edge in coming
Up with something to derail the case if
For no other reason that it would be too good
To be true.
I think it would help some if MAd actually
Had consummated a deal with a steaming
Company by now, proving that they are
Legitimately deploring their technology.
Although they aren't a patent troll ,
On paper, they sure do look like one,
Especially when you consider how they shrewdly
Struck a deal with VSL ( the company that
Invented the technology).
My understanding is that the post it notes could have been used if Maxd
Filed a corporate theft lawsuit. I think the
Bar is set a little lower on the infringement case,
So yes, prior art could derail the case, but you can
Be sure that the legal team researched this
Extensively before they took on the case,
Feeling confident that Google would have a
Real tough time finding something that they
Could call prior art
I still give Google an edge in coming
Up with something to derail the case if
For no other reason that it would be too good
To be true.
I think it would help some if MAd actually
Had consummated a deal with a steaming
Company by now, proving that they are
Legitimately deploring their technology.
Although they aren't a patent troll ,
On paper, they sure do look like one,
Especially when you consider how they shrewdly
Struck a deal with VSL ( the company that
Invented the technology).
Re-iterating ..... Your "heat seeking missle"
Sticky notes are not admissible in this
"Patent infringement case.
Given that, I'm giving Google a slight edge
In finding a way to somehow wiggle their way out of this.
The fireworks will occur either before or after Dec.8th. It is only a Court date that will come and go.
You won't hear anything material to this case until January.... Or
A settlement is reached before that date.
Unfortunately, the post it notes will not be admitted
Into the court case. It is my understanding
That because this case was filed as a patent
Infringement case and not a case of "stealing"
Those post it notes were not admitted.