Josh Garza emailed me back and I am trying my best to discuss options.
Sadly, we lost the little leverage I thought we had.
I received a letter from the US trademark office denying my protest for Garza's PayCoin trademark stating that "first use" or "prior art" does not apply to trademarks.
So it appears Garza was right when he said the trademark was gonna be his. Well, he said it was already his. lol
At any rate, I also spoke with an expert at the trademark office as well and she told me exactly the same thing.
Prior art applies ONLY to patents, NOT trademarks so we have no case as far as the trademark office system is concerned.
At this point we can only hope for some goodwill from Mr. Garza.
Don't dump your coins out of desperation - if I cannot work out a buyout deal then we will relaunch and I will put together a dev team to relaunch a better coin, with more features and less dilution so everyone should be able to come out ahead, holding a Better coins worth more than what they had prior to Garza launching XPY, with the exception of the coin name, of course, which did nothing for the coin until Garza took his public.
If we don't have a case then anything devs do on this coin to fight Garza could result in a lawsuit when Garxa actually gets the trademark. I would rather solve this the easy way if possible.
I hit Garza hard and fast initially, and frankly, I was an asshole cause I thought we had a clear cut case of prior art.
If anyone wants to file another protest with the trademark office to verify that what I am saying is true then please feel free to do so - it only takes about 10 minutes and you'll get a denial letter in a week.
Mr garza is speaking to me so that's a good sign. I am hopeful something will be worked out, at least help the PYC community with developing and relaunching a revised [and improved] PYC replacement.
Best regards...
Vlad2Vlad, you fought against and it was great. I see it as a lesson, a lot learned something new here and almost everyone here was glad someone was sticking up against Homero. Paycoin2 will not last that long as his cult is diminishing fast and his coin is tanking.
Asshole, no you were not! A lot of people I have much respect for have major respect for you, and I also have a lot of respect for you. You have been part of the community before the real asshole even knew what bitcoin was. Keep up the good work.
La revedere
