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In a post-AGM conversatoon LB used a cake metaphor: anyone can...

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    In a post-AGM conversatoon LB used a cake metaphor: anyone can bake a cake but some can do it much better than others [some cakes can be worth many times more than ordinary ones]

    Also, there are many IPs not formally registered.

    Whatever the faults of the old crew they were pretty clear about their intention re "IP" and formal protection.
 
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