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Re: grantastic post# 3586

Saturday, 04/09/2016 12:40:24 PM

Saturday, April 09, 2016 12:40:24 PM

Post# of 39829
Actually, the topic did not come up when I spoke to my friend after the hearing. We spoke again last night, and he remembered three things MAXD requested. MAXD's desired outcome is likely beyond these three things, but I believe they asked the judge for (in general terms):

- VSL to remove whatever filing they used to halt the case against Google in California.

- VSL to do the same in Germany, remove whatever filings or actions they used to halt the cases in Germany.

- VSL to remove all statements on InvestorsHub stating that MAXD had/has no licensing rights for the video technology.

Back to a desired outcome, I speculated on the obvious, which I believe to be to remove the doubts about the agreement created by VSL, and return to MAXD proceeding with lawsuits against Google and Netflix, and generating licensing sales of the VSL/Vedanti video technology, as per the terms of the agreement.

I was under the impression that the judge would give some type of annointing to the agreement, ending all dispute as to its validity. However, that appears to have already been done back at the time the court order was issued, as a court order would not have been issued on an invalid contract.

My friend said that VSL's attorney argued that VSL's agreement with MAXD did not include the technology under Vedanti control, trying to create a distinction between Vedanti and VSL. I see that as a request to reverse the ruling of the agreement's validity. I'm confident that MAXD would not want an outcome that invalidate's the agreement, and so speculate that they want a final undisputable ruling/annointing of some sort from the judge. I don't know that the judge needs to add anything more, other then to formally deny VSL's attempt to remove the Vedanti technology from the agreement.

Based on the written language of the agreement, and Ms. Nash's signature of the agreement, I don't see any chance that the judge will allow VSL's request. Still, it can only be classified as speculation on my part; we all need to wait for the hearing to conclude. It's the court that has the final say.