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Wednesday, 03/21/2012 9:46:06 PM

Wednesday, March 21, 2012 9:46:06 PM

Post# of 52851
"On May 15, 2009, EcoSystem Corporation and GS CleanTech Corporation entered into an Early Adopter License Agreement involving use of several of GS CleanTech’s technologies. The EcoSystem License calls for the payment of royalties to GS CleanTech equal to 10% of EcoSystem’s pre-tax net income deriving from the use of GS CleanTech’s technologies (excluding corn oil extraction). EcoSystem shall provide all of the capital resources needed to build bench, pilot and commercial scale facilities based on these technologies under the EcoSystem License."

Just to make sure you don't think this is "Old stuff" and out of date, Ecosystem is now ADRN and this holds as true today as in 2009, when written. NOTE: ("Excluding Corn Oil")