REX American Resources (REX): REX And GERS To Settle Patent Lawsuit!$!...

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Sunday, 10/15/2017 1:35:02 PM

Sunday, October 15, 2017 1:35:02 PM

REX And GERS To Settle Patent Lawsuit!$!$!$

Finally, after many years of litigation over REX's unlicensed use of GERS' corn oil extraction patents, the parties appear poised to settle the dispute.

The parties have until October 27, 2017 to "work out remaining details of a settlement between them."

https://drive.google.com/file/d/0B_ch8gAs4lCcS1B3LUc0azZlVTA/view

It's nice to see that REX and GERS are ready to work together!

Back To The Basics: ICM Abandons The AOS...

ICM sold REX their oil extraction system.

It appears the Advanced Oil System has been pulled off the market. Could this be settlement related?

www.icminc.com/products/advanced-oil-separation-system.html

The AOS is no longer a product offering.

http://www.icminc.com/products/base-tricanter-system.html

A small caption in this link states "information updated 9/12/17"

http://www.icminc.com/images/pdfs/product_sheets_international/Base%20Tricanter%20System.pdf

Also, no mention of the AOS in this recent Biodiesel Magazine article.

http://www.biodieselmagazine.com/articles/2516107/spotlight-here-to-serve-the-biodiesel-industry

Good Luck To All!$!$!$