OTP does "include" the j/v ----Ucore ----- March 3rd, 2015; "Under the terms of the Agreement, upon the satisfactory completion of the foregoing terms and conditions AT UCORE'S DISCRETION, the parties agree to constitute a joint venture for the purpose of MARKETING and PURVEYING SuperLig PRODUCTS AND SERVICES---( think about tolling from videos & the Lynas flow sheets & others Izatt affidavit )---exclusively to world markets in the RARE EARTH, RECYCLING AND TAILINGS sectors, (the Joint Venture)". ----- continues --- " Perhaps most importantly, our licensing arrangement includes the application of SuperLig technology to the world recycling and tailings processing sector both for the recovery of rare earths and all other metals. ......" Steven R. Izatt, President and CEO of IBC has approved the scientific and technical content of this news release and is the Qualified Person responsible for its accuracy." ======= July 18th, 2016; " Given the competitive state of world oil markets, liberating high-value commodities such as REE, titanium, scandium, niobium, vanadium, tantalum, and a host of other tech metals, offers the potential to change the economics of the oil sands process." ----- continues --- " Under the terms of the Partnership, Ucore and the MOSP will absorb the net costs of the IRAP project, after grant contributions, on a 50/50 basis". ===== July 26th, 2017; " Further in 2016, the MOSP selected Molecular Recognition Technology ("MRT") as the preferred development platform to accept output from the BMX process, and to separate high purity metals suitable for industrial transport and sale..." --- continues --- " The Company is assessing the potential to MODIFY THE EXISTING Pilot Plant for industrial scale testing using bulk samples of the Alberta Oil Sands / BMX feedstock". ===== Oct. 26th, 2017; " Alberta oil sands qualifies for development on MRT PLATFORM" ---- continues ---- " In view of this, subject to the successful completion of bench scale trials referenced above, the Company intends to undertake industrial scale trials at the SuperLig-One PILOT PLANT in Utah" --- at bottom ----- " Steven R. Izatt, President and CEO of IBC and a member of Ucores Advisory Board, has approved the scientific and technical content of this news release and is the Qualified Person responsible for its accuracy ". ====== Feb. 21st, 2019; " Ucore believes that during the years in which IBC and Ucore have been working together, the business potential of IBC in the metals extraction and purification industry has increased immensely, thereby making decisions about short-term business objectives, day-to-day control and determining the priority of the parties prospective joint venture projects A CHALLENGE TO AGREE UPON IN REGARD TO THE IMPLEMENTATION AND LAUNCH OF THE HIGH PROFILE AND CO-MARKETED JOINT VENTURE THAT HAD BEEN EARLIER AGREED TO BY THE PARTIES PURSUANT TO THE Research Agreement". ..... (1) who has "discretion" (2) the j/v allowed all metals & marketing ( Suncor ). (3) who owns MRT, who owns the pilot plant?. (4) the j/v and OTP are separate Agreements. (5) who asked for j/v and OTP cancelation?. -------- My opinion; A planned 2017 "insolvent Default Notice" ( but strangely, did not request Ucore perform an audit ) based on it not having a required Termination By-Date, as a back-up, for if Ucore does not later include IBC into Suncor. Problem is; (1) that's not 100% up to Ucore. (2) j/v also had no Complete By Date deadline. If u can get Ucore to believe Default notice & "formally cancel" both agreements, u can approach Suncor for a new Agreement, as it's now technically proven & known, Suncor is 100% dependent on MRT. If that doesn't work? ------ " We believe IBC has materially appreciated in value since the execution of the Option Agreement. As with all assets experiencing appreciation, the vendor may be tempted to seek a progressively higher purchase price, or free agency, after a deal has already been fully secured. In turn, all corporate acquisitions will experience an inflection point prior to the completion of sale, when motivated parties will attempt to cast doubt on the unfolding events, continued McKenzie. This is understandable and within the bounds of expectation. A frequent strategy is to allege manufactured breaches by the purchaser. In the case at hand, IBC has approached Ucore with a number of professed material breaches, all of which Ucore categorically denies and contrary to IBCs claims, have been adequately addressed". Further, the major FINANCIAL BACKERS of Ucore have reviewed the IBC agreements and concur that allegations of material breach are invented and without merit. --- I'm very, very much looking forward to IBC's evidence