Agreed Jim <br /> <br /> My reading is (this is just my opinion): <br /> <br /> GERS is the Licensor <br /> ADRN is the Licensee <br /> <br /> GERS is allowing ADRN to the use of GERS technologies. Just as they would license any other company in a non-exclusive agreement. This agreement is dated to 2009, might be tax or business or legal significance for that. <br /> <br /> ADRN does not appear to gain in the ownership of the patents. <br /> ADRN will not directly gain in litigation awards. As the litigation was initiated and paid for by GERS. <br /> <br /> I would see this licensing as a means for ADRN to move ahead with business and potentially secure outside investment, as it gives them the power of GERS technology (patented & still under developement). <br /> <br /> I don't see an outright threat to GERS, as they still maintain a clear licensor position. <br /> <br /> Just my opinion however.