Lifeline Biotechnologies Inc (LLBO)

[bme]

Voo, reading the paragrapgh from your post below (underlined).
“The License and Collaboration Agreement between CI and CA brings advantages for both parties,” said Royea. “The opportunity for early market entry and funding from the Asian operations (!!!)brings additional funding into CI to exercise its option, under an Intellectual Property Asset Option Agreement with the technology’s developer to acquire directly certain patents which previously had been licensed to CI (!!!). Those patents are in the process of transferring to CI to be fully owned by CI, and they are licensed to CA under the License and Collaboration Agreement.""

The first underline: llbo is the technology's developer.
The second underline: Patents will be transferred to CI to be fully owned by CI ===> llbo will no longer own patents after that.. correct me if I am wrong.