GM SuperC. Here it is from the 8k 11/20/2012 as to why everyone is starting to get interested in Safecode. There is a conference on New Medical Devices starting Monday 10th and Safecode has a number of new contracts but the contract with Medisafe to get the share price to 70 cents by 11/15/2013 is why the share price down here is such a bargain!
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On November 15, 2012, Safecode Drug Technologies Corp. (the "Registrant" or "Safecode"), entered into a license agreement (the "License Agreement") with Medisafe 1 Technologies Corp., a Delaware corporation and a public reporting company engaged in the development of medical technology products ("Medisafe"). Pursuant to the License Agreement, Safecode, as licensee, has been granted a non - exclusive license to manufacture, market and otherwise commercially exploit world-wide Medisafe's patented device for administering medicine in correct dosages to the correct patient . The License Agreement provides that as consideration for the license, Safecode will issue to Medisafe ten million shares of its common stock valued at $.70 per share. The License Agreement provides for certain adjustments in the event that Safecode's shares are not equal to or greater than that price twelve months after the effective date. The License Agreement is attached hereto as Exhibit 99.1.
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