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Settlement of Litigation
On September 24, 2014, Revolutionary Concepts (the Company) filed a Form 8-K and disclosed Revolutionary Concepts Inc.’s global licensee, Eyetalk365, LLC, filed multiple complaints (“lawsuits”), in the United States District Court for the Western District of North Carolina, Charlotte Division, against four separate companies (the “Defendants”), alleging patent infringement against REVO’s intellectual property. Eyetalk365, LLC is the global licensee for the patents owned by REVO, and has filed the complaints on its own behalf and on behalf of Revolutionary Concepts Inc.
That Form 8-K disclosed that some of the Defendants, that the complaints were filed against for alleged infringement were AlarmForce NC, Inc., and AlarmForce LP.
On April 15, 2015, ( on its own behalf and on behalf of Revolutionary Concepts Inc.), Eyetalk365, LLC, as Plaintiff and AlarmForce NC, Inc., and AlarmForce LP (collectively, “the Parties”) as Defendants
