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Message: Re: Stain..a question
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Sep 09, 2011 10:10AM
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Sep 09, 2011 10:20AM
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Sep 09, 2011 10:27AM

We have discussed the liens a few times here, part of the contract to take us on a contingency basis, as a form of colateral. It's in effect what is done by sub contractors and suppliers of product in the construction field, to file a preliminary lien notice, and give monthly releases when progress payments are made. It also assures DM in the event of a buyout, they get their 15% of the value of the patents, then release the liens to the buyer. In construction, if an owner/lender defaults, the GC, subs and suppliers file a mechanics lien on the property/building, making them a party to an Escrow when the property/building is sold.

It's just common sense smart business practice on DM's part.

I sure hope DM kicks it in gear and does not wait for the bogged down USPTO to finish the re-exams.

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Sep 09, 2011 10:36AM
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Sep 09, 2011 10:46AM
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Sep 09, 2011 11:20AM
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Sep 09, 2011 11:28AM
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Sep 09, 2011 11:31AM
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Sep 09, 2011 11:47AM

Sep 09, 2011 07:45PM
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