Dror Ortho Design Inc (DROR)

[OMOLIVES]

And with regards to this ...:

Facebook deal

Novint sold 5 patents and sublicensed 5 patents to undisclosed technology company for $750,000 upfront, and a potential second payment of $750,000 upon waiver of assignment from the DOE to Sandia. The second payment was paid in July 2016.

Pay attention to this:

In addition, pursuant to the patent sale and licensing arrangement described below, there are certain extensive restrictions on the ability of the company to engage commercial partners on a go forward basis. The Company retained the right to enter into manufacturing arrangements to produce for others, or have manufacturer’s produce on behalf of Novint, the company’s existing Falcon products based on their current or developed designs only as well as the unreleased next generation designs of the company’s Xio products.