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Sunday, December 08, 2013 8:54:00 PM
LONGWOOD, Fla., April 23, 2012 /PRNewswire/ -- 3D Entertainment Holdings dba 3D Eye Solutions, Inc. (OTCPK: TDEY) is pleased to announce that it has completed a year of transition which included the signing of a 10 Year worldwide license agreement between 3D Network International, Inc. and 3D Eye Solutions and a significant reduction of debt. The new company will focus on licensing and distribution of 3D Eye Solutions' 3D content worldwide and the future acquisition of optical technologies.
Michael Gibilisco, the former CEO, will retain the rights, patents, and trademarks for 3D Eye Solutions and will continue to develop the technology.
The license has already been paid for, which will allow 3D Entertainment Holdings and 3D Network International to market the technology without the large R & D cost which were prohibitive to the growth of the Company," stated Dominic Crain, 3D Entertainment Inc. CEO.
WOW! Who does not UNDERSTAND THIS!! Its PLAIN AND SIMPLE!!
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