RE:RE:RE:RE:RE:RE:RE:RE:RE:COULD NOT ZENITH DO THIS??JK
I WILL COMMENT AND I WILL USE ALL CAPS TO HELP YOU READ THIS DESPITE YOUR LOW VISION PROBLEMS.
FIRST OF ALL i HAVE NEVER SEEN A COMPANY WHICH DOES NOT HAVE AN EMPLOYMENT CONTRACT WHICH SPECIFIES QUITE CLEARLY THAT ANY WORK DONE WHICH GIVES RISE TO PATENTABLE IP IS AGREED TO BE THE PROPERTY OF THE EMPLOYER AND NOT THE EMPLOYEE. THUS THE EMPLOYEE DOES NOT HAVE THE RIGHT TO PATENT SOMETHING IN HIS OWN NAME AND TRANSFER RIGHTS TO IT TO SOMEONE NOT HIS EM[PLOYER. THE ABSENCE OF SUCH CONTRACT RIGHTS AND OBLIGATIONS IS IN MY OPINION A BIG FAILURE ON THE PART OF MANAGEMENT. i OF COURSE HAVE NO KNOWLEDGE OF THE SPECIFIC SITUATION AND AM JUST SPECULATING.
ON THE SUBJECT OF BANKRUPTCY OR INSOLVANCY THE MAJOR DETERMINING FACTOR IS THAT A PERSON OR CORPORATION FAILS TO MEET HIS OBLIGATIONS AS THEY COME DUE.
THAT DOES NOT MEAN THAT A CREDITOR CANNOT RELAX THE TIMEFRAME OF THE OBLIGATION SO THAT THE DUE DATE IS DEFERRED. IN FACT IT IS QUITE COMMON THAT CREDITORS WILL RELAX AND DEFER THE PAYMENTS SO THAT IN FACT THEY HAVE NOT COME DUE TO GIVE APPROPRIATE BREATHING SPACE TO DEBTORS AND IN PARTICULAR WHEN SOMEONE NEEDS MORE TIME AND HAS REASONABLE PROSPECTS OF BEING ABLE TO PAY IF GIVEN TIME. A SPECIFIC SITUATION IS HERE IN THE CASE WE HAVE BEEN TALKING ABOUT WHERE THE COMPANY COULD RAISE FUNDS BY A PLACEMENT OF SHARES, AND THE ISSUE IS WHAT IS THE BEST SITUATION OVERALL.
OF COURSE BANKS HOLDING MORTGAGES OF PRIVATE INDIVIDUALS TEND TO BE HARD HEARTED BUT EVEN THEY HAVE BEEN KNOWN TO DELAY OR DEFER MORTGAGE PAYMENTS IN CASES WHERE FOR EXAMPLE AN EMLOYEE SEES HIS EMPLOYER CLOSE DOWN A COMPANY BUT IT IS REASONABLE THAT THE EMPLOYEE WILL FIND A NEW JOB AND BE ABLE TO RESTART MAKING PAYMENTS IN WHAT THE BANK CONSIDERS A REASONABLE TIMEFRAME RATHER THAN FORECLOSE