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Saturday, 08/29/2015 12:41:20 AM

Saturday, August 29, 2015 12:41:20 AM

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From the MD&A: Molnlycke informed Covalon that Molnlycke does not anticipate being able to meet the annual minimum sales commitment under the license agreement by the anniversary of November 1, 2015. On August 17, 2015, Molnlycke informed Covalon that Molnlycke wishes to terminate the license and distribution agreements. Covalon and Molnlycke are in discussions about the terms and conditions of termination of the agreements.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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