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Alias Born | 01/23/2007 |
Thursday, March 22, 2018 1:52:37 PM
So how does this work? You invest in this company that has a license for a promising tech. A "The PS-targeting Exosome-Tech" that needs a kit developed for it to be utilized. The CEO is excited by this license, you as an investor are excited by the prospects of this potential money making tech and invest more money or even don't divest in this company so they can develop a working kit. Then one day you are told by the "NEW" CEO.................
"Not included in the Oncologie deal is the PS-targeting Exosome technology, which is being returned to UTSW.”
Investor money was used to develop this tech and they are now giving it back without any compensation.
How in any way is this legal?
AIMO
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