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Wednesday, May 30, 2018 11:22:01 AM
Read the filings
However, on November 24, 2015, the court granted a second motion to dismiss for lack of subject matter jurisdiction based on the defendants’ argument that the agreements between the Company and VSL/Vedanti did not clearly give the Company standing to enforce the patent rights. The Company appealed that decision on February 22, 2016. One January 18, 2017 the Company received a notice from the Federal Circuit Court of Appeals that affirmed the order of the District Court dismissing MAXD's patent infringement lawsuit against Google for lack of standing.
On September 25, 2017, the Court issued an order that the Company should reimburse defendants for its attorneys’ fees in the amount of $819,626.
2017 10-K: https://backend.otcmarkets.com/otcapi/company/sec-filings/12659683/content/html
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