It clearly stated “to continue its services pursuant to the TRD Agreement and License Agreement.” So, while the performance metric were cancelled, the ownership did not change from TRD. They are allowing use, as long as SCAMydx pays shares due. They only way that can occur is an RS, since not enough shares are available to issue. And they are still due a 7.5% warrant to boot.
The subtle notes are regarding Ensuring BCI advisor agreememts are fully paid out to. Which is 3 seperate 7.5% Warrants. Plus the 36,000+ B shares issued.
So those 2 entities are due 31% of shares + about 810,000,000 based on SeriesB share conversions.
So TRD and BCI have rights to almost 40% of SCAMydx stock.
Which all is clearly listed in the 10-Q’s and exhibits.
