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col_brewer

02/12/15 1:50 PM

#2646 RE: jimthesaint #2644

They also used their patents for collateral

So, unless they can pay of that $1.1 M note, its bye-bye patents

8-K 15 Sept 2014

http://ih.advfn.com/p.php?pid=nmona&article=64426239

(iii) All of the Borrower’s contract rights and general intangibles, including, without limitation, all partnership interests, stock or other securities, licenses, distribution and other agreements, computer software development rights, leases, franchises, customer lists, quality control procedures, grants and rights, goodwill, trademarks, service marks, trade styles, trade names, patents, patent applications, copyrights, deposit accounts, and income tax refunds (collectively, the “General Intangibles”); and