Intl BioChemical Industries Inc fka IBCL

[invest in kids]

Does anyone know what this (in bold) means or is it even relevant?

... Additionally, the Company will receive 5% of all gross sales of products sold by Nova using technology Jointly owned by the two companies (see subsequent events) . The Company also received an exclusive license agreement under which the Company has exclusive authority throughout the world to manufacture and sell the former assigned products of the Company. The license may be terminated at anytime giving sixty (60) days notice to the Company.

Does this mean IBCL could lose these rights at any time?

TIA,
kids

wantobe - I really enjoy your posts. I'm hoping HNWS works out and pulling for that new radio station!