Thursday, June 09, 2016 4:54:52 PM
“December 22, 2015, the Company received a cease and desist letter from Gennesar Nutraceuticals, LLC for breach of the amended license agreement entered into on August 24, 2015, wherein the Company had an exclusive license to produce and sell the Gennesar product, “GenEpic™. Gennesar alleges among other things that the Company without consent altered the formulation and packaging of “GenEpic™”.
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