Sunday, February 07, 2016 11:53:57 AM
Published: Aug 29, 2014
"Exclusive Development Agreement Signed with CooperVision, Inc.,...
1. CooperVision has secured the exclusive right to co-develop EPGL advanced technologies of its choosing, with ownership of resulting intellectual property to be allocated in accordance with inventorships. EPGL has agreed to work exclusively with CooperVision in the ophthalmic and medical field to develop selected advanced technologies, granting CooperVision exclusive options to license or outright purchase EPGL’s rights to such technologies. Under the Agreement, CooperVision will fund the co-development,prototyping, manufacturing and marketing of such technologies selected by CooperVision and negotiated project by project. This Development Agreement is on-going."
http://www.otcmarkets.com/financialReportViewer?symbol=EPGL&id=125904
Tue,Sep 2,2014
"This is a small early stage development deal..."
http://investorshub.advfn.com/uimage/uploads/2014/9/4/dneloEPGL_development_agreement_copy.png
And here is the next 'spot the difference' challenge:
"3. This Development Agreement is a highly advantageous relationship for our shareholders because of the significant global resources that CooperVision brings to the table as a very
respected leader in the field of contact lens manufacturing. Under the terms of the Development Agreement, revenues from successful development of new products with CooperVision, will result from outright purchase of EPGL technologies and/or on-going share of sales revenues as negotiated between the companies."
"...it's uncertain what results it may yield."
Yep folks,these are certainly not the easiest ones!
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