Wednesday, November 25, 2015


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Diversification is important to mitigate the risk that we may not prevail in our ongoing patent infringement litigation. In October 2014, the District Court in Indiana ruled in favor of the defendants on their motions for summary judgment alleging that our corn oil extraction patents were invalid, including US Pat. Nos. 7,601,858 and 8,168,037. In December 2014, the U.S. Patent and Trademark Office allowed three new corn oil extraction patent applications (U.S. Patent Application Nos.: 11/908,891, 13/185,841 and 13/450,997). Each application was examined and considered patentable by a different patent examiner and after each had considered the summary judgment decision. We cannot speak to the significance of the conflicting determinations, however, under applicable standards, a patent is not invalid until and unless a final judgment of invalidity is rendered after all available appeals have been exhausted. We believe in our intellectual property rights and the system of checks and balances designed to protect those rights – both in the patent office and the courts, and we will appeal the summary judgment ruling at the appropriate time. Nevertheless, diversification of our revenue mix is key goal for 2015.



Anonymous said...

Does KK stand for Kevin's Kush or Kreisler's Kind bud?

Anonymous said...

WOW! I just came across this company and it looks exciting. I am into buying penny stocks with heroes like this managing the operations. I am excited about starting to accumulate many millions of shares. This would be like investing in Microsoft or Apple when they were fledglings. Get out of the way investors because I am all in.

nobody123789 said...

You think that is our first rodeo? Nothing you can do will pump this stock.

Anonymous said...

Khalifa Kush?

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