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| MAXD.OB > SEC Filings for MAXD.OB > Form 8-K/A on 24-Jan-2012 | All Recent SEC Filings |
24-Jan-2012
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
On July 5, 2011, the Company entered into an agreement with Flying Pig Productions ("Flying Pig") for the production of a 12 track HD Audio Master (the "Project"). The Company will license its MAX SOUND technology to Flying Pig for the production of the Project in exchange for a one time license fee (the "License Fee") and a specific percentage of the gross revenues earned by Flying Pig from the Project ("Royalties"). The agreement with Flying Pig stipulates a specific revenue sharing percentage that does not exceed ten percent (10%). The Company has received the License Fee and is entitled to Royalties on the first day of every month. The agreement with Flying Pig has no termination date.
No other changes have been made to the Form 8-K. This Amendment speaks as of the Original Filing Date, does not reflect events that may have occurred subsequent to the Original Filing Date, and does not modify or update in any way disclosures made in the Form 8-K.
Exhibits.
10.4 Form of Agreement with Flying Pig Productions dated July 5, 2011*
* Previously filed and herein incorporated by reference in, the Company's Current Report on Form 8-K filed with Securities and Exchange Commission on July 18, 2011. Certain Confidential Information contained in this Exhibit was omitted by means of redacting a portion of the text and replacing it with an asterisk. This Exhibit has been filed separately with the Secretary of the Securities and Exchange Commission without the redaction pursuant to a Confidential Treatment Request under Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
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