Agent, it is possible the lien is simply that AERO can not sell the patent without giving the Miller's back their investment and maybe there is some interest involved too. There is no need to satisfy the lien unless they just want to try and buy out the Miller's share, and why would they want to do that?
That is private info....Lets get the 8k and read what it has to say before we speculate on why the Millers are still in the picture and Aero Exhaust has been paying all the fee's for the patent.
The paltry lien on the AERO patent will be lifted when the Miller Trust decides to sell or when the value of their holdings becomes greater than their intitial 500K investment.
AERO can't force the Miller's to sell. That suggestion is just ridiculous. AERO doesn't owe a debt to them, the lien just secures the value of the Miller's intitial investment.
AERO's hands are tied because the Millers are BULLISH on AERO just as they were when they became early investors in the company.
When their attempt to wrestle control of the company form the BOD failed, they settled for having their intitial investment secured by the lien.
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