The only "confirmed" use of QMC HID in Europe that
Post# of 22453
The Pasaca Distribution Agreement states:
Quote:Maybe not mass use, but some use.
(b) “Qualifying Sales” means sales activities of Pasaca or Designees of Quantum Dots or relating to the QMC™ HealthID IP and shall include and sales to third-party customers, Pasaca or Designees. As used herein, “sales” includes all methods of commercialization, including but not limited to royalties, licenses and product sales. For avoidance of doubt, the Parties agree that the current contemplated transactions, including those with Nuffield, are Qualifying Sales and the revenues associated therewith or arising therefrom will apply in meeting the Minimum Revenues.