Their DBA owns no patents either...
The only ties Nanotech Industries, Inc (the patent owner) has to HCTI is shared management. Those patents are in no way, shape, or form assets of HCTI's.
In my opinion, as a business-minded person myself...
HCTI is worthless to a company like PPG. Sure, they could buy them out for the licenses but that only gives them exclusivity until the contracted expiration date and then you're at the mercy of the patent owner when it comes time to renew the license agreement.
OR...they can buy out the owners of the patents. There is no worry of the license expiring and renewal terms changing. HCTI shareholders make no money, management nullifies the license agreements (easy to terminate a contract when both parties are signing on each side of the deal), and the buyer now owns the patents and all sales rights.
HCTI then either would simply de-list, go under, or become an empty shell.
This is setup so management wins no matter what, even if shareholders lose.
“The two most important days in your life are the day you are born and the day you find out why.” —Mark Twain.
