"" I am trying to understand how TMMI could have an exclusive when Iterated licensed DFMI and actually took 5% of the stock in DFMI as part of the price for the exclusive license for 2.0. ""
That Interated Licensed DFMI is based on the assumption that DFI and DFMI was merged , because the original plan is ISI is to license to DFI , bust since DFI can not issue corp stocks to let ISI own 5% of DFI, and to let the deal finish, DFI and DFMI merged so that the merger of DFI and DFMI can issue the corp stock, is this the story ? Otherwise, why DFI and DFMI plan to merge in the first place ? Besides when DFI and ISI reached the license agreement, DFMI did not even , and it was registered later just for the purpose to let the license deal between DFI and ISI can go through smoothly. , where is the legal documentation to prove that DFI and DFMI has actually merged legally???????????? So, the deal between DFMI and ISI should be the deal between merged DFI-DFMI and ISI, but you can not prove that DFI and DFMI was actually merged, so, if DFI and DFMI was not legally merged, how can DFMI ask DFI investors to turn in their DFI shares to DFMI ? It is a fraud. What is worse, if DFI and DFMI was not merged legally, how can DFMI transfer all DFI IP to DFMI without DFI's approval ? That is called stealing of IP
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