Most likely Chang wants exclusive license in Asia/China, wants the Seem deal outright or the planatation may be the deal breaker too.
So why is Karl still involved with Chang, if what you suggest is true? Do you think he wouldn't know about it, especially Seema?
Besides, they had a worldwide worthless sub license, why would they want an EXCLUSIVE worthless sub license in Asia/China?
Will that be the spin for failure? They could have succeeded with an EXCLUSIVE sub license?
I also suspect Dr Shewe may form a new entity or merge his for the VSPC loss carryforward.
You think? Hope so.....along with a R/S.
If Mr Chang did discuss matters with Wang & Sung pre-resignation to either board he has divulged his plan. Several legal items IMO.
Isn't "Sung" Chang's first name? Who are you talking about? Sung?
If he wanted an EXCLUSIVE, he would need to go to the inventor, not China Gate. They only had an exclusive in Guangdong and N. America and sold those "rights" to IPA.
Legal items?
As Always: My Number 1 Priority is to educate. Penny stocks are very volatile, Always do your own Due Diligence