REVO Recent News/Extra Extra Read All About It!!
Post# of 49
The $REVO PR Express
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Revolutionary Concepts, Inc. Seeks Board Approval to Close Sale of Multi-Million Dollar Patent Portfolio
"It seems we now have momentum and are simultaneously working with our Board and patent representatives to facilitate a transaction that is sure to be a huge win for our shareholders. Current feedback from industry reps indicates the value received may be much higher that previously projected numbers. If approved, the dividend will be an additional benefit to the increased gains shareholders will receive from actions involving the patents ."
REVO Senior Vice President Solomon RC Ali ~ September 12th 2013
Revolutionary Concepts, Inc. Signs Letter of Intent for Patent Rights
"This strategy to monetize the patent portfolio is something we have discussed for over two years. It is our opinion that such a move maximizes our company's valuation and furthers opportunities for the sale or licensing of the patents. Both parties are enthusiastically working towards the closing of a definitive agreement that could be projected at sixty times the current market value not inclusive of additional royalties or fees generated from licensing. We have a renewed commitment to pursue opportunities that bring value to our shareholders who have believed in this technology from the onset"
Solomon RC Ali, REVO Sr. Vice President ~ September 3rd 2013
REVO News : Revolutionary Concepts , Inc . Seeks Board Approval to Close Sale of Multi-Million Dollar Patent Portfolio 02:12 PM