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drugmanrx

02/21/21 3:26 PM

#98147 RE: Kurt_Banoffee #98145

That why I don’t think they care about the technology.

The shell, 60 million tax loss, and a finished product,,

Not a bad 15 million spent,
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Jamis1

02/21/21 7:10 PM

#98151 RE: Kurt_Banoffee #98145

The patents were collateral for the $2 million if I recall correctly.

Therefore, if QMC pays the debt, the collateral is released and I doubt even if it was taken care of already, that the paperwork had been filed to remove his name from the patents or at least not processed completely yet. It’s only been a week since we heard about his departure from the board and his issue with the purchase agreement and financing.