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Message: Re: Buyout Question +
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Nov 14, 2012 08:47PM
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Nov 15, 2012 08:49AM
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Nov 15, 2012 09:05AM
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Nov 15, 2012 09:21AM

Hi Lois!!!

Based on the wording of the 8-K, no strings attached.

DM had a lien on the Flash-R Portfolio as collateral 1st of all, and if there was a buyout, DM received "15% of the value of the patents." Those liens were released when EDIG terminated the agreement.

No such terms and conditions have been disclosed, which would be considered a material event and EDIG required to add whatever clause there was in that same 8-K. If buyout terms and conditions were to be negotiated at a later date, a new 8-K would surface.

Looks to me we are "safe."

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