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voo

06/04/17 10:26 AM

#23193 RE: change-for-a-buck #23190

Read this article. Statements are done why this was a good deal.

http://www.prweb.com/releases/2017/04/prweb14273437.htm

“The License and Collaboration Agreement between CI and CA brings advantages for both parties,” said Royea. “The opportunity for early market entry and funding from the Asian operations brings additional funding into CI to exercise its option, under an Intellectual Property Asset Option Agreement with the technology’s developer to acquire directly certain patents which previously had been licensed to CI. Those patents are in the process of transferring to CI to be fully owned by CI, and they are licensed to CA under the License and Collaboration Agreement. Furthermore, the License and Collaboration Agreement allows for CI and CA to cooperate on global expansion of the intellectual property portfolio.”

CI’s CEO Matt Benardis, sees the new structure as a win-win for all parties. “The new partnership with Cyrcadia Asia, Ltd. provides an accelerated speed to market globally,” said Benardis. “The Cyrcadia Health brand recognition that we can achieve together in large populations, along with the significant expansion of powerful intellectual property, is intended to maximize CI shareholder value as we move to our planned market launch here in North America. The joint venture of our unified predictive analytic core lab is intended to provide the highest possible accuracy for patients and providers of our technology throughout the world.”
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Domains

06/04/17 10:37 AM

#23195 RE: change-for-a-buck #23190

I completely agree.

Change and voo, I'm happy we agree on this important issue.

For me an integration would be excellent news from now on, since our shares would be worth more every day. Now you will no longer have to devalue the shares to raise new money. Cyrcadia will be able to raise money at a higher price every time if sales are positive. That's what all successful startups do: Uber, Airbnb, Snapchat, etc.

I hope it will happen this year, that the agreement will be fair for us, and that Cyrcadia will quote on the OTC the same day LLBO is delisted. If sales follow worldwide, we should be in the Nasdaq after three or four years.
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drmicro

06/04/17 10:49 AM

#23196 RE: change-for-a-buck #23190

Just so I have this right ...
Cyrcadia is actually a private company about to score this big win.
This of course is in partnership with Flextronics.

LLBO owns a 30% interest. This is where LLBO will profit.

Is that correct?