Replies to post #286011 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[hasher]

what does all this mean, especially this part?

There can also be no assurance that
we will be able to enter into agreements with these parties on the same terms
and conditions as our prior agreement with Dicon. We have entered into an oral
agreement with Zanora Corp. of China, to produce our products using
encapsulation technology instead of technology relating to hydrophilic sponges.
The end-result is a product that is functionally the same as that manufactured
using Dicon's patented hydrophilic technology.

[hasher]

This part reads like anyone can use the "technology"

to produce our products using
encapsulation technology instead of technology relating to hydrophilic sponges.
The end-result is a product that is functionally the same as that manufactured
using Dicon's patented hydrophilic technology.

[pantherj]

So SPNG is NOT using the patented hydrophylic process? And just what does "functionally the same" mean?

We have entered into an oral
agreement with Zanora Corp. of China, to produce our products using
encapsulation technology instead of technology relating to hydrophilic sponges. The end-result is a product that is functionally the same as that manufactured
using Dicon's patented hydrophilic technology.