Correct, and this was a lein filed against the Flash-R Portfolio as a form of collateral. The DM agreement, including the 8-K covered all these bases.

If EDIG went belly up, DM owns the patents, they can license them, sell them...their choice.

If EDIG was bought out, DM recieved a 15% fee for the "value of the patents."

When EDIG cancelled the DM agreement and put out the 8-K, a mutual decision to part company, then signed on Handal, as I see it, the lein was no longer valid, although the 8-K never spelled that out. In my line of work, when a contract was cancelled, the lein's were too.