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Bullboard - Stock Discussion Forum Catch the Wind Ltd V.CTW

TSXV:CTW - Post Discussion

Catch the Wind Ltd > Makes sense
View:
Post by jewel9m on Jul 12, 2012 9:36am

Makes sense

From two news releases ago.

On a somewhat related note, CTW has also received notice from Optical Air Data Systems LLC ("OADS") that OADS is purporting to terminate the Licensing Agreement with CTW. The Company no longer considers the Licensing Agreement to be material to its operations, due to the fact that loss of the Licensing Agreement would be limited to the loss of use of the trademarks licensed to CTW, and those trademarks are being abandoned within the rebranding program.

Comment by brucewjxia on Jul 12, 2012 10:13pm
from long term, an one-time lawsuit is way cheaper than paying the lisence fee
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