Generative AI Solutions Corp C.AICO

PATENTS - trademarks, license, rights all belong to Poda

[deepoil0808]

VANCOUVER, BC , Jan. 13, 2022 /PRNewswire/ - PODA HOLDINGS, INC. ("Poda" or the "Company") (CSE: PODA) (FSE: 99L) (OTCQB: PODAF) is pleased to announce that it has been granted a US Patent by the US Patent and Trademark Office concerning US Application 16/340,058 for Poda's Closed Bottom Vaporizer Pod. US Patent 11,206,869 B2 was granted on December 28 th , 2021.

With the granting of this US patent, Poda will effectively be the only company that can market a closed-ended heat-not-burn cigarette in the United States 

https://money.tmx.com/en/quote/PODA:CX2/news/4963497057107832/PODA_Granted_US_Patent_for_Closed_Bottom_Vaporizer_Pod

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ANCOUVER, BC, May 27, 2021 /CNW/ - PODA LIFESTYLE AND WELLNESS LTD. ("Poda Lifestyle" or the "Company") (CSE: PODA) (FSE: 99L) is pleased to announce that the Company has added to its intellectual property portfolio by filing trademarks in Canada, the United States, the UK and Europe for its flagship Beyond Burn™ Poda Pods. Poda's recent filings help secure intellectual property rights in markets where the Company's products may be sold in the future.

https://www.newswire.ca/news-releases/poda-files-trademarks-in-canada-us-uk-and-europe-880649252.html

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Vancouver, BC – TheNewswire - February 3, 2020 – PODA TECHNOLOGIES LTD. ("PODA" or the "Company") reports that the patent application filed on March 17, 2017 (the “Filing Date of Application”) was granted on January 7, 2020 by the Intellectual Property Office of Canada patent #3,039,570 for PODA’s Closed Bottom Heat-Not-Burn invention (the “Invention”).  

 

The present patent grants the Company the exclusive right, privilege and liberty of making, constructing and using the Invention in Canada until March 16, 2038.  

https://thenewswire.com/press-releases/1AdyF6J75-poda-granted-canadian-patent.html

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Poda Holdings (CSE: PODA) (FSE: 99L) (OTC: PODAF) has signed a purchase agreement with its Chinese manufacturing partner to acquire Poda Pod manufacturing equipment, 15 patent applications related to Poda Pod technology, and three Chinese trademarks for approximately C$3.45m payable in cash. The manufacturing equipment is comprised of all proprietary custom-built equipment for Poda Pods production capable of producing an estimated 5 million Poda Pods per annum.

https://www.thearmchairtrader.com/poda-holdings-stock-price-china-patents/

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So why are Ryan and his partner getting 45% of the proceeds when the patents, trademarks, the Intellectual property, the manufacturing equipment, the exclusive license, proprietary manufacturing, all belong to PODA and not Ryan and his partner???

Regulators need to do their homework on this transaction.

My personal opinion, 

[mjh9413]

New to PODA and grateful for possibly most risk-free return I've made in one day. However, this idea of symmetry amongst shareholders might be answered in #'s 7, 8 and 9 of last financials posted on SEDAR. 55MM common shares outstanding BUT at least 62K Pref Shares outstanding wiith each equivalent to 1000 shares. I haven't looked up who holders of Prefs are except to note Shelby and

[deepoil0808]

Share capital is as follows: In circiulation at this moment:               56,000,000 Preferred coverted to common             62,000,000  (these are called multiple voting shares 1 per 1,000 shares) Warrants to be excerised at 10 cents   25,950,000 Options to be excerised at 16 cents     

[CerealKiller]

Bahahawawawawa!!! I'm bathing in your curry-flavoured salty tears!!!

[podatlis1]

any chance we could get lil more then 40 ?

[podatlis1]

can anyone explain for me...my shares are on etrade..will this 40 cent be added to my current shares..?? and then i can only sell then at 40.?

[CerealKiller]

For someone who has absolutely no idea how stocks and trading work, you sure picked the wrong mentor in DeepOilyHiddenSecrets. He pantsed you, royally.

[IIIIIIIIIIIIIIl]

You will get a info circular to vote on.Once its voted on if it passes you will get the cash in your account should continue to own your shares and they should still trade.So you get the 40cvents whether US or canadian needs clarification and then shares might trade around a nickle..Debt free shell with a few million in bank..I still am unclear where money in company today fits in.......No doubt

[podatlis1]

hey ty ty for that info...

[podatlis1]

guess the share price is frozen for now?

[podatlis1]

Once its voted on if it passes i`ll continue to own my shares and they might still trade around a nickle....how could poda still trade at that point?? 

[mjh9413]

Could be wrong but have to think its the ~84.75MM fd shares @ 40c CAD + 62000 MV prefs @ $400 for a total of $58.7MM CAD + $1MM Cad left in PODA for  total of CAD$59.7MM AFTER EXPENSES (all ot these parts equating to the USD55MM going to the Company,) and 'the owners (under the Royalty Agreement of the intellectual propert)' getting all of the other USD$ 55MM. Voila! Nothing else!

[deepoil0808]

This is what the press release says: Upon completion of the Transaction, the Company will no longer have any material property or ‎assets ‎other than cash-on-hand plus the cash proceeds of the Transaction, which are expected to amount to ‎approximately CDN$70 million, after satisfying the Company's obligations and ‎liabilities. So lets do the math: (a)  84.75 million shares fully