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Re: art2426 post# 65362

Wednesday, 04/30/2014 12:22:08 PM

Wednesday, April 30, 2014 12:22:08 PM

Post# of 92948
First up, you are making statements out of context. The terms & conditions quoted by another poster already infer that rights to IP are *possible* because of this default, not that they are actively seeking compensation in the form of IP, at least not yet.

Info was posted a couple of days ago, soon after the default notice was released. I think it was also posted on ICell. Sorry, I am way too busy irl to go back and dig it up again for you, but it was there if you care to do your own dd.

If a debtor defaults on a payment agreement, then certainly a creditor has a right to seek recompense in whatever form is available to them, including rights to IP if it can be assigned a value. Whether you or I think that decision or the value assigned is fair is irrelevant.

Again, to my knowledge, such action is not yet being actively sought, all that was said was that the default opens ACTC up to it. which in my book is a serious lapse in judgement by ACTC... unless there is something going on that we are not privy to yet. Hard to know, given the history here.

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