[For news on NWT Mint, see http://about.ag/NWTMint.htm]
[For research on bullion dealers, see http://BullionDealerData.com]




Forum
Sign up Calendar Latest Topics
 
 
 


Reply
  Author   Comment  
bull123

Senior Member
Registered:
Posts: 217
Reply with quote  #1 
Any update on the licensing of the patent approved software designed by CM ???

My prediction is still ... ZERO (worth, value, etc ...)

just wondering if there has been any news

[comp]
1
JG

Administrator
Registered:
Posts: 991
Reply with quote  #2 
Quote:
Originally Posted by bull123
Any update on the licensing of the patent approved software designed by CM ???
...
just wondering if there has been any news


Good question. No news yet.

At the creditors' meeting on August 26, they said that they would know within a few weeks if the (relatively small) licensing agreements would go through, and if not, implied that it would almost certainly convert to Chapter 7 (liquidation). That was 9 weeks ago. So we can only guess what is going on behind the scenes -- perhaps they have made the agreement(s), perhaps they are still working on them, perhaps something else is going on.

They do plan to file the organization plan in mid-November, so at the very least we should have a lot more information by that point (both on what has happened, and what they hope will happen).

0
Previous Topic | Next Topic
Print
Reply

Quick Navigation:

Easily create a Forum Website with Website Toolbox.