You're quite welcome. And in fact, it's that relationship with Path Partner Technology that lends credence to what MAXD posted in their 10-k just 3 weeks ago.
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MAX-D Embedded Chip Solution:
The MAX-D Embedded Chip technology is being designed to restore the natural sound field, causing compressed audio to sound like the original audio at playback time in any device. The audio does not have to be pre-processed or encoded. The Chip is being designed to be imbedded into TV Receivers, Digital Projection TVs, LCD TVs, Plasma TVs, Component DVD Players/Recorders, DVD Recorders, Set-Top Boxes, Personal Video Recorders (PVRs), Direct Broadcast Satellite (DBS) Receivers, Personal Computers, Satellite Radio Receivers, Mobile Video Devices, Domestic Factory Installed Auto Sound, Camcorders, MP3 Players, Electronic Gaming Hardware, Wireless Telephones, Cell Phones, and Personal Digital Assistants (PDAs).
MAX-D Dynamic Software Module: Max Sound has delivered and is working to implement an application programming interface (“API”)for all Internet applications to process all audio/video content streamed or downloaded by consumers. Viable target candidates within the next 24 months include streaming movie and music services. Companies selling downloaded MP3’s are also expected to find immense value in our technology due to their dominance in web-based audio and video. This Module is a lossless dynamic process requiring no destructive encoding or decoding and needs no additional hardware or critical monitoring stage after processing. In addition, no specialized decoder is necessary on any audio system.
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And then if you take a look at the Services section of the PathPartnerTech.com web site, one of their services is FPGA Design. That's a Field Programmable Gate Array, which is like a custom microprocessor.
So it seems likely that this company could also be involved in the design/programming of the MAX-D Embedded Chips (just a logical guess).
And then if you look under the "Description of Our Business" section in the 10-k, it shows in part...
"Qualcomm
The Company is currently working under its existing license with Qualcomm to develop a new chip application that improves voice transmission on mobile devices and has great potential as a revenue share arrangement with many Qualcomm OEM’s by providing a better experience to consumers and a competitive marketing advantage globally. The license agreement is automatically renewable for one-year periods unless terminated by either party with 30 days prior written notice. The Company believes MAXD Voice will be ready for product demonstration in Q2."
So who knows what the exact relationship is between all the parties, but it appears that all of the necessary engineering talent is in place to achieve the solutions on which they are working.
Having an engineering company on board, with chip design experience, certainly has to give Qualcomm a lot of confidence that a product solution is quickly coming down the pipeline. As we are now in Q2, news could drop at any time!
