New's: pending licensing deal for Nano Metal Tech.
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Posted On: 12/12/2018 6:41:03 PM
New's: pending licensing deal for Nano Metal Tech.
-Manhattan Scientifics Inc. (OTCQB: MHTX), today announced that the company is involved in discussions to license its nano-metals technology and related intellectual property to a medical industry metals manufacturer.
Manhattan Scientifics has to date received $500,000 good faith and machinery payments from the sale of equipment to the manufacturer.
Discussions with this manufacturer have been on-going for an extended period. The closing of such agreement is subject to continued due diligence, drafting a definitive agreement and approval of our Board of Directors. There can be no guarantee that we will satisfactorily conclude a commercial arrangement with this manufacturer.
-Manhattan Scientifics Inc. (OTCQB: MHTX), today announced that the company is involved in discussions to license its nano-metals technology and related intellectual property to a medical industry metals manufacturer.
Manhattan Scientifics has to date received $500,000 good faith and machinery payments from the sale of equipment to the manufacturer.
Discussions with this manufacturer have been on-going for an extended period. The closing of such agreement is subject to continued due diligence, drafting a definitive agreement and approval of our Board of Directors. There can be no guarantee that we will satisfactorily conclude a commercial arrangement with this manufacturer.
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