GXY Relationship, page-78

Wow, busy night there@Deznuts?

I'll try to answer your queries one by one.

Firstly, I do not believe there is any method for the dates to be extended. SM and LPD have been ready to see the back of these guys for years, and there is no way they would negotiate an extension.

How they got into bed together is simple, I believe. Prior to LPD merging with Platypus and becoming what it is today, SM just tried to licence the tech out and then sit back and collect the royalties. Unfortunately the only people that would take the licenses up were cowboys, which meant nothing ever developed. Eventually SM realised they had to do it themselves, and set about putting together the team, including hiring Joe and merging with PLP.

These license deals, with LIT and CAS, are legacy items. I believe the WA license to LIT is the only exclusivity arrangement; the rest are options/rights to have a license.

There are no other licenses for LIT that are active; they have the option for three. One was assigned to the Czech Republic (for a deal with EMH at Cinovec), I don't believe the other was ever assigned.

@homeales @Welsho54 @maxi1981 is that about right? All of that pre-dates me investing.

The next shareholder's meeting will probably be the AGM, likely to be in late November.

But if the WA license is worrying you, email Joe about it. If it helps, here is the response I received from Joe in 2017 when I emailed to ask what the strategy is to deal with it:



Cheers