Thursday, June 02, 2011 9:58:27 PM
Do you see any numbers in that filing. There are no numbers meaning that there is no agreement and GCP won't introduce into the marketplace until there is an agreement as stated in the PR today.
READ both agreements, LOOK FOR NUMBERS AND READ IT AGAIN BECAUSE APPARENTLY NOBODY SEES THAT IT IS NOT AN AGREEMENT, IT IS A FLUFF FILING that does not set which company gets how much money for providing what service. At this point it seems that GCP has the InoHealth tests that were being marketed by INOL. Also at this point any sales that come from the InoHealth web-site(because INOL has nothing for sale on its' site)will be pulled, packaged and shipped by GCP. RIGHT? What does INOL do and how much money "will" they get for what they do?
So if the share amount of profit "WILL" be determined by what each company puts into it, "prior to introduction to the marketplace" and the sale comes from InoHealth site and GCP is responsible for pulling the order, packaging and shipping it,
WHAT IS INOL PROVIDING AND WHAT "WILL" THEIR SHARE BE?
Cut and paste from your link which is the agreement between Gary and Sharon's public company(INOL) and Gary and Sharon's private company(InoHealth) back in 2009.
"InoLife Technologies’ opportunity to potentially invest in the development and marketing of products that InoHealth Products, Inc. is currently working to develop and/or obtain marketing rights for human DNA testing products and drug metabolizing products."
So, INOL investors will invest in the development and marketing of products that InoHealth Products Inc. is currently working to.......
"InoHealth Products, Inc. retains all proprietary ownership of any products developed; any IP; and any marketing and/or co-development agreements entered into between InoHealth Products, Inc. and any other party."
SO, TELL ME AGAIN WHAT PRODUCTS INOL SUPPOSEDLY HAS, clearly by the link you provided InoHealth "RETAINS ALL PROPRIETARY OWNERSHIP OF PRODUCTS DEVELOPED"
"any agreements entered into with InoHealth Products, Inc. remain the sole property of InoHealth Products, Inc."
"REMAIN THE SOLE PROPERTY OF INOHEALTH"
Keep posting all the nonsense about all the products that INOL has.
Why is it so hard to understand INOL has nothing but a marketing agreement set in 2009 with Gary and Sharon's private company which holds "all proprietary ownership" of all the products of InoHealth, while Gary and Sharon were "increasing shareholder value" at pharmaCON. They walked(or ran) away from pharmaCON in Dec. of 2009.
It's in black and white right in front of all of us.
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