Royalty-Bearing License
signed a commercial royalty-bearing license (the "License") with AvoChips LLC ("AvoChips"). AvoChips is led by an executive management team with combined snack food industry experience that spans over three decades in the North American markets. Through collaborative product development, AvoChips and EnWave have developed an innovative new avocado snack product (the "Snack Product") using the Company's Radiant Energy Vacuum ("REV™") technology.