Max Sound Corporation (MAXD)

[J Galt]

“Truth is No one has contacted Greg Halpern, who owns the technology.... MAXD, the company has licensing rights to the technology but it's owned by Greg Halpern.... Read the filings!!!!”

I did what was suggested and read the filings. As anyone can see from the section shown below, the comments being made about how Greg Halpern owns the technology are not based in fact. Max Sound Corporation owns the technology. Not Greg Halpern. Here is the relevant information from the June 30, 2012, filing.

Max Sound Corporation
Notes To Condensed Financial Statements
As of June 30, 2012

On May11, 2010, The company acquired the rights to an audio technology known as Max Audio Technology (MAX) through a share exchange whereby the company issued 30,000,000 shares of common stock to two individuals in exchange for their rights in (MAX) having a value of $7,500,000 based upon recent market value ($0.25 share) (see note 7(11) )

Along with being wrong in his legal interpretation of ownership, I think Halpern has also forgotten that he pledged all the assets of Max Sound Corporation as collateral for the millions of dollars Harvey Vechery loaned the company and Greg Halpern. No matter how Halpern wants to interpret the legal tea leaves, Harvey Vechery does own all the assets of MAXD, by both the court ruling and through personal and business notes which have been in default. Which basically means Harvey Vechery owns everything connected to MAXD.