It may not apply to monster's particular printer, but I'm leaping nowhere. HP does expire cartridges.
According to their site, it's not all of them, and some printers let you override the expiration.
Anecdotes here, including multiple people who had their printers work again after removing the battery that lets the printer remember the date.
Also, footfootfoot,
Epson didn't come off too great either in my surfing. But the chip resetter would take care of that.