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Hank Kerchief

02/16/16 1:49 PM

#98180 RE: skorz #98179

"That Cooper has licensing to move forward I would not be surprised to see product roll-out sometime later this year. "

So EPGL would make $$ from the licensing right? EPGL owns the tech right? This would be good for EPGL too I think?
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vikingzskillz

02/16/16 1:53 PM

#98182 RE: skorz #98179

CooperVision Manufactures contact lens, EPGL Develops technology, CooperVision is first to license smart lens technology to manufacture into a product, other licensing deals will follow. Its only fitting CooperVision gets first license of tech because of joint partnership to make it happen + the lucrative settlement of 100% ownership of technologies to EPGL, and on top of that a cash settlement. Heck I don't care if its 1 dollar cash settlement or 5 million, EPGL has something much better for long-term holders ---->>>>>> 100% ownerships of technologies.

CooperVision breached agreement, EPGL comes out a huge winner because of this.


Settlement went nicely!!