I guess it all depends on how one interprets "settlement agreement" (the term COO's IR used) vs "agreement".
My opinion, based on the wording from COO IR (not a PR from COO, just an IR's email), is that COO cut their losses with EPGL and kicked them to the curb, with a small cash payment for EPGL's trouble. COO retained rights to a few technologies, but released the rest.
And, in EPGL's OWN WORDS, "..each party to separately and independently pursue these contact lens concepts..".
This could be debated ad nauseum, but it will eventually play out for all to see - regardless of all the puerile histrionics from company management.
