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Friday, August 07, 2009 4:19:12 PM
1) EESO dba ECO
2) Jared owns proprietary formulas & recipes
3) Jared licensed the rights of #2 to ECO
4) ECO supplies products, training & tech assistance to WOW to enable WOW to later supply itself w/ those products for distribution. (products = enzyme and enzyme based blends)
5) ECO will receive cost +5% for supplying WOW with #4.
6) The license agreement will outline the royalties paid by WOW for use. (I have yet to read it.)
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