Wednesday, October 03, 2018 1:24:16 PM
"The Company must further comply with other obligations of Nanobeak under the License Agreement as though the
Company was a party thereto, including achievement of practical application of the patent rights and certain reporting obligations."
Give this statement a read and see for yourself, its a clipping from the last 10-Q. A lawyer friend of mine pointed out that this statement basically means that the two companies are fiscally intertwined and to be treated as one entity in the eyes of the law (SEC).
The next 10-Q is due out in mid November, so lets see where it all winds up.
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