The licensing and trademark are two district issues. You need to keep the Armory name in the licence, but you need to stop using the name in public to refer to your project, unless the officers of Armory give you written permission to use the name.
There are talks of giving me a renewable license to use the trademark. I'll be meeting with Alan in person on Monday and go from there.
I agree to drop the Armory name. This might keep you from bigger problems in the future, and might even give you a slighty better position should all of the old Armory folks come to a round table at a later point. This is a sad moment, with the Armory company structure and dev team being in pieces, so why not take the opportunity to get rid of as much potential ballast as possible.
I have several reasons to keep on using the Armory name:
1) Armory has brand name recognition. If I uphold that trademark to the standard it has been so far, the IP retains far more value. This keeps the door open for one day getting a new acquirer, and this could all conclude in reviving Armory as a business and getting the team back together. All devs stuck around with no pay for 6 months, my response to that can't be to just shut down all hope by leaving the trademark to decay.
2) The brand name recognition is beneficial to me too. People on this forum know I've been an active developer of Armory for some 2 years now. They know what I've done and where my skills lie. People outside this forum don't. As an example, while Alan is getting flooded with job offers, I ain't getting snuff. Not that I am complaining. I want to work on Armory anyways, but this is a clear picture of what awaited me had I decided to go job hunting right away instead.
There are several ways for a developer to make a living working on an open source project. It doesn't have to come down to donations. But for the other ways to work, I need my name out there with some achievement behind it if I want these other opportunities to materialize. As far as the Bitcoin business space is concerned, Armory is all Alan. I'll have to change to that if I want to have my cake and eat it to. Doing all that development under the Armory name and demonstrating I can take over where Alan left is beneficial to me as well. I have to look out for myself too.
3) The naming omg... what's the current flavor? Slap some random word on top of wallet and you're done? Or just go with something completely unrelated? What is this, hashtag rap? Who's up for MtnDewWallet? Or what about just Bicycle? If push comes to shove, I will have to change the name, but we aren't there yet. And I dread that time if ever it comes.
4) I don't want someone else to use the name. The share holders benefit from letting me use the trademark. If I was to drop it, they could very well just sell the trademark while the IP entanglement is being dealt with. Then what? Do you want to envision a future where the Armory brand name is bought by a web wallet provider?
5) There are still a lot of individual users and businesses that use and recommend Armory. I don't want to disappoint them, and in the case of businesses, I don't want to harm their image by letting the Armory name they rely upon decay into obsolescence. The image has been harmed enough as it is.
6) I'm a romantic, I don't want to see Armory die, even in name.
7) If I have to change the name, I'd rather do it later, once I have demonstrated my ability to keep the project alive.