Max Sound Corporation (MAXD)

[J Galt]

The board poster began the post with the words “Tenchi quote,” which would seem to indicate everything below was part of the overall quote, including the following: “We'll see if Rurouni was able to get the deal that JB could not get signed....” it was then stated in the follow up post: “Tenchi stated, “Get the deal that JB could not get signed?” No matter who stated the words, here is the response:

There are many reasons JB couldn’t get deals done. Does Halpern remember having all the android devices confiscated at the CES show in Europe while JB was finalizing a deal with a tech company? The same tech company who had their own phones seized at the show? While JB was working on the contracts? That’s like taking a metaphorical shotgun and blowing MAXD’s own foot off. No one would do business with a new company like MAXD after that genius move.

Then Halpern topped off that brilliant strategy by filing suit against Google. The result was that everyone in the business instantly became an infringer and wanted to be indemnified before doing business with MAXD, which would have set a dangerous legal precedent. They also wanted to wait until the Google deal was settled before doing business as they didn’t want to be in the middle of a legal death struggle. How many years did that lawsuit take again? And Halpern thinks Sony will have anything to do with him after that brilliant move?

Remember the potential deal with the big telecom company after the meeting in Vegas? JB couldn’t complete the deal because the funding, specifically provided by Vechery for the engineers, was never paid to them by Halpern. Therefore, they couldn’t complete the model for the client. I could go on, but it's easier just to blame JB. How in the world is someone supposed to complete deals when Halpern was refusing to fund R&D and was broadcasting nightly insults on his Vimeo channel? Whether Rurouni gets a deal or not, taking a shot at JB makes the comments easy fodder for detailed responses.