Friday, September 19, 2014 4:03:36 PM
There's NO legal document showing the merger between DFI and DFMI ever took place.The court/Judge Ellsworth also explained the ORIGINAL "Addendum" NOT the second Addendum, to their lead attorney as well,this was one of the issues brought up in the August 2013 minutes;His answer"Well your Honor,it could of happen"!!.;The other issues were
Thomas Simpson became the President of both companies. It was Simpson who executed an addendum to the license which transferred DFI license rights to DFMI and DFMI assumed the obligations under the license agreement. At the time, it was hoped that DFMI and TMMI would partner in development of new technology. That never happened and instead there followed a bevy of lawsuits including a shareholder derivative suit by DFMI s shareholders, a suit by DFMI against Simpson and a suit by DFMI against TMMI. Tom Simpson
Also....
Plaintiffs dispute Defendants understanding of the 1996 agreement and that their rights from the 1993 agreement were not extinguished by the 1996 agreement because the 1996 agreement was unrelated to the 1993 agreement.
Then there's this.....
Plaintiffs now argue, supported by an affidavit from Tom Simpson, that agreement addendum was a falsehood "inserted" to mislead potential investors in DFMI so that they would invest. The Court finds this admission of intent to commit securities fraud rather surprising.
Nonetheless, it certainly demonstrates that Plaintiffs had actual knowledge of Defendants "allegedly wrongful acquisition of the intellectual property as far back as 2000".
TMMI TRUDEF moves onward and upward Worldwide!!.
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