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Thursday, May 07, 2015 1:53:39 PM
In an effort to strengthen the Company's competitive position, we actually pursued the licensing of a national brand for home LED lighting products, and strengthened our overseas infrastructure to better handle the growth of our expanded product lines. For those who may have missed our most recent strategic update in February, it came with great pleasure for me to announce our exclusive North American trademark license for the Hoover brand for LED lighting.
This to me is a Licensing Contract, and not a Partnership. I don't see any agreement or documentation saying Hoover has to support or promote Capstone Products.
Unless I can see that, then I can only believe it is indeed a Licensing of a National Brand name.
Maybe down the road things can change, but right now it's just like it says in the above quote from Stewart.
Also believing Hoover would have produced a PR if they were supporting and promoting CAPC.
http://investorshub.advfn.com/ALERTS-CHARTS-&-HOT-STOCKS-15004/
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