Replies to post #6881 on Max Sound Corporation (MAXD)

[Urbanlegend]

Here's what is said in the 10K:

On May 22, 2014, the Company entered into a five (5) year agreement to acquire the rights to intellectual property titled “Engineered Architecture” (“EA Technology”) through a cash payment of $50,000 in addition to a share issuance, whereby the Company issued 4,000,000 shares of common stock, valued at $394,000 ($0.0985/share). In exchange,the Company received for the term of the agreement, the exclusive worldwide right to use the EA Technology....