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Re: Nitroman post# 8906

Friday, 10/24/2014 2:06:08 PM

Friday, October 24, 2014 2:06:08 PM

Post# of 9405
Hmmm - when reading one of the filings by VNTH it clearly states that they were able to license out the technology. Right or am I reading this incorrectly or misunderstanding what you wrote?

"As further consideration, Nanobeak granted to Bayview and its affiliates, effective as of the closing, a perpetual, royalty-free, non-exclusive,
non-transferable right and license (without the right to sublicense) to use, develop, make, have made, use, sell, offer for sale, import, export and otherwise
commercialize in Africa the mobile sensor breathalyzer being developed by Nanobeak for the detection of various diseases."

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