"Under the terms of the Agreement, the Company and its Australian partners will continue with their respective R&D work. Stirling Products will continue with its plans for a Co-operative Research Agreement with the US National Institutes of Health (NIH) while the Company will produce batches of the new product and continue clinical demonstration trials. The Agreement is conditional upon the Company becoming current in its statutory filings, following which the Company will issue 20 million shares to its Australian partners for the non-exclusive marketing rights to ImmunoXel. Further, the Company's Australian partners will subscribe to 5 million Immune shares at US$0.02 per share with such subscription to be satisfied by the issue of shares in the Australian partner public companies Stirling Products and Zodiac Capital at current market prices."
