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Coffee Shoppe
Posted On: 09/08/2013 2:58:58 PM
Post# of 63835
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Posted By: PoemStone
Re: MoneyMaker #15162
I see it:
Thanks.

As previously disclosed, the Suda Transaction includes the sale of NovaDel’s patents and trademarks relating to its NovaMist technology.

The Suda Transaction, as contemplated, does not include the NitroMist® or ZolpiMist™ intellectual property or licenses.

NovaDel received $400,000 in cash, 50,000,000 shares of Suda common stock and 10,000,000 options for the purchase of Suda common shares at a purchase price of $0.05 per share.

It is the Company’s intention to use part of the proceeds from the Suda Transaction, after transaction expenses, to reduce its outstanding liabilities.

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