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Gold Seeker

12/14/09 12:51 PM

#24574 RE: mata hari #24569

Mata Hari stated: "When inverness signed the license agreement, there was doubt if recaf could be used in an elisa format."

And how would you be privy to this information?

"Abbott and inverness do not compete with each other in this space-a perfect marriage."

The above is a farce. If Abbott intended to have Inverness do their work, they would have just given Inverness a sublicense for nothing. The reality is that Abbott did their own determination to no longer do any work on RECAF. For $50,000, they allowed Moro to do an amended agreement that will never be acted upon. That's reality.

Moro’s lab (pacific bioscience) is a creditor. The non exclusive license to be grantee for failure to reimbursement moro’s lab by 2013 is reasonable language.

There is no provision whatsoever for granting a perpetual license to Pacific BioSciences as a result of a failure to pay a debt. You should read the agreement between Moro's company, Pacific BioSciences and BioCurex.