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Wednesday, November 14, 2007 3:10:02 PM
Regarding the Omniquant license. The current contract runs for 48 months from April 2007. It is "automatically renewable for successive four (4) year periods unless either party provides the other party with written notice". I don't think OQ can cancel the contract during the current contract period which runs until March 2009.
http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=12615 (Page 16)
Best,
Songbird
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