GREY:IVITF - Post by User
Comment by
MoneyTalks22on Jul 01, 2020 11:46am
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RE:RE:RE:RE:What happened to PODA ??
RE:RE:RE:RE:What happened to PODA ?? the difference - PODA (PODA Technologies) podatech.com - was a spinout from Invictus to create a stand-alone entity to conduct business in the U.S. & internationally, outside of TSXV.
I found following on SEDAR:
As of January 31st, 2020, Poda has been granted a Canadian utility patent for its primary technologies, and corresponding national phase applications have been filed in over 60 countries. Additionally, Poda has multiple provisional and international PCT patents pending for additional technologies related to its vaporization device and technological methods. Typically, a design patent lasts 14 years and a utility patent last 20 years. As the majority of the patent applications are still in process, no expected life has been designated to the Poda device and technology. Poda is currently manufacturing both the Poda heating device and the Poda pods, and sales are expected to commence in July 2020. The investment in Poda is intended to provide a revenue-generating business upon successful commercialization of the product, expected for fiscal 2021. To date (April 30, 2020), working prototypes have been completed, manufacturers have been selected and manufacturing has commenced, a distribution partner has been secured in California, and additional financing opportunities and distribution partners are being sought.