BioCurex, Inc.(fka BOCX)

[mcd2inga]

Goldseeker said, "There would be no royalty payment from Inverness until December 2010. There would be no reason whatsoever for Inverness to effect a product return until 30 days prior to the anniversary of the effective date of the license, or November 4, 2010. "

My understanding is that Inverness will owe Biocurex the royalty payment for this next year unless they initiated a product return before 11/4/2009. Not 2010. It may be true that Biocurex will not receive the payment until Dec. 2010, but the deciding factor has already ocurred.

Are you saying that Inverness has another year to determine whether they allow the royalty payment to take effect?
mcd