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Tuesday, September 04, 2018 5:45:11 PM
From the June 30, 2016 8-K:
The exclusive licensing agreement, with the NDSU Research Foundation, provides access to 11 existing and 3 pending patents representing the global intellectual property around this silicon-based technology for these markets.
From the June 30, 2018 10-Q:
The License Agreement was renegotiated with NDSU/RF and on June 29, 2018, the Company entered into a settlement agreement and general release (the “Settlement Agreement”) with NDSU/RF to resolve the dispute, pursuant to which the Company and NDSU/RF fully and forever released each other from the License Agreement and mutually released each other of all claims.
“The agreement with NDSU to commercialize CHS never ended, just the agreement to work with NDSU as a researcher and to commercialize the other patents NDSU had has ended, which was made clear.”
Iamthe walrus, at your convenience, please provide the board with formal evidence, such as an SEC filing or Company PR, providing proof of your statement.
Thank you in advance.
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