Hi Tony,
Thanks for the reply.
I sent off an email to Brian last night in between episodes of judge judy and woke this morning (am in Northern Europe so a bit behind Oz time) with the answers in my inbox. I forgot to ask about the structure of the license agreement but your reply answered that.
For the forum below is the wrap-up of my Q&A with Brian;
Questions;
Answer;
- Does ResApp Health own the technology/patent or does it license the technology from the inventor/owner?
- If it is a license agreement, is there a finite period of the contract with the inventor/owner?
- If it is a license agreement, are there any conditions under which the inventor/owner can cancel the agreement?
- If an offer to buy ResApp was presented, can the owner/inventor block any deal?
- Are there plans to commercialize any other concepts?
- Could you please clarify the patent status? Are you aware of any challenges/objections to it being granted?
1. Exclusive license.
2. No finite period.
3. Not now. Would have if we had failed to list and raise funds.
4. No.
5. Could be...
6. Patents pending in all major commercial markets. No objections thus far or expected. Technology is unique and a credit to its inventor.
Mit freundlichen Grüßen,
Mick
resapp - patents? unique product?, page-11
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #