Replies to post #18295 on NDT Pharmaceuticals Inc (NDTP)

[snpwfan]

I agree with you- total transparency.

I also agree with Mike- what kills you will definitely make you weaker.

[drugmanrx]

I feel your frustration,

But if you go back and read the post since MILV was signed over to the custodian, you would see the CCA LLC group history has been all laid out and the reason why ENIP failed was discussed.

The former ENIP CEO failed to deliver what was contractually agreed to the CCA LLC group (Holvis) for bringing their tech and agreements to ENIP.

ENIP defaulted.

That is why the CCA LLC technology and agreement with UPenn and Children hospital was able to be taken back by the CCA LLC group from ENIP after the time limit to full fill expired and moved it to MILV.


ENIP SEC

1.2 License Termination.



(a) Minimum Net Gross Sales. In the event the current owners of CCA hold less than a majority of the issued and outstanding shares of ENIP capital stock, the exclusive license shall terminate in the event that ENIP fails to achieve Fifteen Million Dollars ($15,000,000) in Net Gross Sales by the date immediately prior to the third (3rd) anniversary date of the Effective Date.



(b) Annual Minimum Gross Sales. The minimum payments under the exclusive license shall be the amounts for the respective calendar years set forth below: $500,000 in 2017; $750,000 in 2018 and $1,000,000 in 2019. The minimum payments shall be payable quarterly, in advance, on the first business day of each calendar quarter.

ENIP failed to deliver the above.

It all there in the old posts, completely transparent.