TV2 0.00% 0.8¢ tv2u international limited

Ann: TV2U Bolsters its Intellectual Property Portfolio, page-26

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  1. 101 Posts.
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    So what does everyone make of this comment.

    "Talico has the right to purchase back intellectual property which it has assigned toTV2U in certain circumstances for a nominal amount (including where TV2U fails topay any fees which it has agreed to pay to Talico, fails to use its reasonableendeavours to commercialise certain technology or becomes insolvent). "

    Is NF really putty all his eggs in one basket, when or if TV2 goes belly up he can buy it back it for a nominal amount.

    Cheers,
    J

 
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