Well, I think we have our answer as to why the company has been so silent and slow since new leadership took over. I imagine things will start shaking loose more at this point.
Valcent Products Inc.: PAGIC LLC Inc. Termination of ""IntellectualProperty, Sales and Purchase Agreement""
May 17, 2011 16:31:10 (ET)
VANCOUVER, BRITISH COLUMBIA, May 17, 2011 (MARKETWIRE via COMTEX) -- Valcent Products Inc. (otcqb:VCTZF) (the "Company") announces that it has terminated the "Intellectual Property, Sales, and Purchase Agreement" (the Agreement) with PAGIC LLC Inc. and Glen Kertz. The Company's products have taken a new direction and after due consideration, and a comprehensive review by the Company's Counsel, it has concluded that it is not using the Intellectual Property that is the subject of the Agreement. The company has developed, and filed, patents pending that are designed to protect the company as it pursues a variety of vertical farming technologies and systems.
The Company would like to thank Glen Kertz for his past contributions and involvement with Valcent.