Max Sound Corporation (MAXD)

[smittysstocks]

MaxD certainly did pay consideration to VSL, apparently about $1.6M of it.

"On May 19, 2014, the Company entered into an agreement with VSL Communications to acquire the rights to intellectual property titled “Optimized Data Transmission System and Method” (“ODT”) through a cash payment of $500,000 in addition to a share issuance, whereby the Company issued 10,000,000 shares of common stock, valued at
$1,000,000 ($0.10/share). In exchange, the Company received a perpetual, exclusive, worldwide license to the ODT technology for all fields of use. In addition, the Company issued 1,000,000 shares of common stock, valued at $120,000 ($0.12/share), as compensation for the introduction and identification of a seller based on the agreement dated April 10, 2014."

Lets also not forget about the millions of dollars the attorneys are spending on chasing these patent violations on contingency. If they werent confident of a big win they wouldnt be taking the chance, especially on two continents.