Replies to post #18436 on GeneSYS ID Inc fka GNID

[Toxic Avenger]

You're welcome. And that's the PATENT. However, RX Safes has a license only "as it relates to any embedded, battery operated product sold into the healthcare industry, or for related consumer or commercial healthcare applications such as narcotic and prescription pill safes".

Patents lapsing for non-payment of periodic (every 4 years) fees are quite important. In fact, lapsed patents suggest they may have less value, since the fees to keep the patent active are not all that high.

[HokieHead]

Great post! Clarifies everything. I think that's what the investment banker saw too, not the other minutiae.