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E-7-2

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E-7-2

Re: None

Monday, 01/28/2019 2:59:31 PM

Monday, January 28, 2019 2:59:31 PM

Post# of 36493
Cyrcadia Asia, Ltd., a corporation incorporated in Hong Kong, is a licensee of Cyrcadia, Inc. with the exclusive right to use Cyrcadia Health branding in connection with, and to commercialize, the ...

I think this settles the discussion about who owns what...

Cyrcadia owns the patents/ect. to the itBra. CA is a licensee with rights to sell the itBra in Asia.

Thus, Cyrcadia receives a licensee's fee and LLBO shares in both the fee paid to Cyrcadia Health via it's 47% ownership of CH along with a small direct investment in CA.

There you go.
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