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Monday, 12/14/2015 2:50:23 PM

Monday, December 14, 2015 2:50:23 PM

Post# of 28183
Ooooh-eeee. Harry lets Q2Power's main patent expire:
https://www.google.com/patents/US7992386#legal-events

Chris Nelson had paid Cyclone $175,000 last year for a license centered around an exclusive license for the waste heat engine patent. And now the U.S. patent has expired and is worthless.

The WHE patent in China may still be in effect, but the European patent has been allowed to expire in many countries.

Q2Power's whole business plan is built around the U.S. market. As Chris Nelson put in an 8K to the SEC:

"We rely primarily on a combination of patents and trade secrets"


The patent protection is gone and trade secrets can be used by anyone once someone reverse engineers one of their engines (assuming, of course, they ever sell one).

I wonder if Harry will give the license fee back...
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