Friday, May 27, 2016 9:44:31 AM
Six(6) at last count.
"The Company had six full time employees. In addition, most of the business activities of the Company including accounting and legal work and business development are provided by subcontractors and consultants. Further, the Company has subcontracted nanomaterials research and development (“R&D”) to TheraCour under the license agreement with TheraCour. TheraCour currently has a staff of about twenty-five, most of who are scientists with PhD or advanced degrees and experience."
https://www.sec.gov/Archives/edgar/data/1379006/000114420415054864/v418491_10k.htm
"The work may be segregated in the cGMP facility and there may be a joint agreement for Trade Secret ownership between Theracour and NNVC, but the Trade Secrets for developing, the verification/validation (call it QC for quality control) processes for drug production scale up do exist, by virtue of the fact that the QC process for 200g production is locked down, while the QC process for 500g and larger batch sizes are in development and are of significant, proprietary value to both companies."
Nifty sentence.
"The work may be segregated in the cGMP facility and there may be a joint agreement for Trade Secret ownership between Theracour and NNVC"
It may be and there may be, but NNVC, the public company, hasn't filed anything other than a license agreement and an amendment or two, none of which support what you feel "may be" true. I think the latest version is here, but if there's been another amendment please point me to it:
https://www.sec.gov/Archives/edgar/data/1379006/000114036110012749/ex10_1.htm
"but the Trade Secrets for developing, the verification/validation (call it QC for quality control) processes for drug production scale up do exist"
Are they what you were talking about when you said "Keep in mind that NNVC owns the IP developed and paid for in their cGMP facility."?
Can you provide the language from the license agreement that establishes it?
Which of the six(6) NNVC employees do you think might be responsible for what you're calling The Trade Secrets?
"Successful commercialization is succeeding in the process of
commercializing. It is not successfully having commercialized."
Say what?
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