CCOP owns the patents now -- not MDGC, which will no longer be able to carry them on the balance sheet. CCOP gives them no asset value on their balance sheet.
What specifically is meant by the term "enhanced patents?" I recall a PR mentioning something like that but it's not a term in use in the patent world. What is expected to be done to the patents to make them "enhanced" and how would that increase their monetary value? You can't "enhance" an existing patent into a new invention. You have to start from scratch.
There are strategies some patent holders use to strengthen the claims in their existing patents but they all involve the USPTO and take several months to years to accomplish. One strategy is getting a voluntary reexamination by the USPTO to review the patent with regard to new prior art that has been discovered. Such actions are typically handled by a patent holder's attorney(s) at significant expense and are often done to amend claims to prevent being accused of infringement by another patent holder rather than to make the patent more likely to be infringed upon.
IF CCOP or MDGC had filed for a reexam or other USPTO action to "enhance" the patents surely they would have issued a press release.
Reexamination documents and actions (the "file wrapper") can be viewed by the public on the USPTO website. I followed an involuntary reexamination of a patent owned by another stock. Shareholders learned of the final determination by the USPTO before the company announced it the next day, which was fine because it was "public information."
"Enhancing the patents" was just more Val Westergard hype. If he was being truthful and knew what he was talking about he would have said the specific action that he intended to take, such as a reexamination or a reissue to correct defects, he wouldn't have used a non-standard term like "enhanced patents." The truth is that patent rules and laws are very complex and he knows very little about them and even less about monetizing owned patents.
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