INCC patents being sold. In the Shareholder Updat
Post# of 4333
Posted On: 12/07/2015 6:49:39 PM
INCC patents being sold. In the Shareholder Update of December 4, it was stated that INCC intends to sell its patents to a new company for a 1:1 non-dilutive stock swap and assumptions of certain debts and obligations. This not only gives shareholders shares which will not be affected by a DTC Chill but also avoids a reverse split any time soon that might otherwise have been necessary.
Long-term followers of INCC who have done their DD will already know that the company still owns patents from a previous venture - relating to truck mounted illuminated advertising signs - that proved to be uneconomic to proceed with at the time, as has been explained in various past filings and reports.
Here are the details of the patents:
http://patft.uspto.gov/netacgi/nph-Parser?Sec...%2F7406788
http://patft.uspto.gov/netacgi/nph-Parser?Sec...%2F7159349
Long-term followers of INCC who have done their DD will already know that the company still owns patents from a previous venture - relating to truck mounted illuminated advertising signs - that proved to be uneconomic to proceed with at the time, as has been explained in various past filings and reports.
Here are the details of the patents:
http://patft.uspto.gov/netacgi/nph-Parser?Sec...%2F7406788
http://patft.uspto.gov/netacgi/nph-Parser?Sec...%2F7159349
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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