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Re: needsomestock post# 15205

Saturday, 09/28/2019 8:56:34 PM

Saturday, September 28, 2019 8:56:34 PM

Post# of 54907
Perhaps I may be able to provide some clarity to PRED's non-announced activities. PRED has developed and or controls a deep body of intellectual properties (IP) and that IP is of significant value if it becomes protected IP under U.S. and PCT (foreign) patent applications and then prosecuting pending patents into issued patents.

In the U.S., patents are no longer based on "first to invent" but "first to file."

Note that PRED's patent law firm is one of the leading life science and IP law firms in the world. WSGR also has a well-staffed office in Hong Kong.

WSGR Ranked No. 1 in 2017 Life Sciences Law Firm Index

Wilson Sonsini Goodrich Rosati (WSGR)

WSGR The Life Sciences Report - Winter-Spring 2019

WSGR BIOTECH 2019

Perhaps one may consider the amounts of money PRED's has invested in protecting its IP and the associated costs of filing U.S. and international patents.

PRED's financial results may address some of PRED's IP, however, and understandably newly filed patents will not be disclosed nor announced until after their publication 18 months from the patent application date. This non-disclosure is a common practice among life science and technology-centric companies.