There are no PATENTS held proven time and time again
RMTD PATENTS SOLD 2005 & 2006
On December 23, 2005, the Company consummated the sale and assignment of certain of its patents and pending patent applications to Vehicle IP LLC in exchange for the payment by Vehicle IP LLC to the Company of $500,000 (the “Patent Sale”) resulting in a gain of $500,000.
Assignment abstract of title for Application 07642436
Execution Date: Dec 22, 2005
“Assignment of Assignors Interest”
Sale Date as stated in RMTD’s financials:
On December 23, 2005, the Company consummated the sale and assignment of certain of its patents and pending patent applications to Vehicle IP LLC in exchange for the payment by Vehicle IP LLC to the Company of $500,000 (the “Patent Sale”) resulting in a gain of $500,000.