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Re: paideia post# 37786

Monday, 01/20/2020 1:56:58 PM

Monday, January 20, 2020 1:56:58 PM

Post# of 42747
Those are all NDSU patents and should not be listed on Coretec's web site and it could be viewed as fraud on part of the company for still displaying these NDSU patents. Coretec no longer has any rights to these patents per the most recent 10k filing.

We do not currently own any patents related to our silicon-based businesses and only had an exclusive worldwide license to certain intellectual property owned by NDSU/RF pursuant to a license agreement between Coretec and NDSU/RF. Under the license agreement with NDSU/RF, NDSU/RF retains ownership of the licensed patents. The NDSU/RF Agreement was renegotiated with NDSU/RF and on June 29, 2018, the Company entered into a Settlement Agreement with NDSU/RF to resolve the dispute, pursuant to which the Company and NDSU/RF fully and forever released each other from the NDSU/RF Agreement and mutually released each other of all claims.


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