This was included in the 8K about the purchase as an amendment , good info , my question is this Intellectual Property License Agreement w HH Brown , in appears they HH Brown are the true owners of the patents and Dicon simply had some form of license to use them. If you go to the HH Brown website you will find they, HH Brown , claim they own the patents and tech....
The agreement mentions this license in few places:
(f) An acknowledgement from H.H. Brown Shoe Technologies, LLC (“ H.H. Brown ”) to the sale of the Membership Interests to the Purchaser, and an acknowledgement and confirmation from H.H. Brown that the Intellectual Property License Agreement effective November 30, 2007 by and between H.H. Brown and the Company (the “ H.H. Brown License Agreement ”) remains in force and effect as of the Closing Date, and that as of the Closing Date, the Company is not in breach of any of its material obligations under the H. H. Brown License Agreement.
(b) violate, conflict with or constitute a default under the terms, conditions or provisions of the H.H. Brown License Agreement;
(xii) been notified on any default under the H.H. Brown License Agreement;
